cs.GT, cs.LG

Adaptive Bidding Policies for First-Price Auctions with Budget Constraints under Non-stationarity

arXiv:2505.02796v2 Announce Type: replace-cross
Abstract: We study how a budget-constrained bidder should learn to adaptively bid in repeated first-price auctions to maximize her cumulative payoff. This problem arose due to an industry-wide shift from…