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Chinese Journal of Management Science ›› 2024, Vol. 32 ›› Issue (10): 256-264.doi: 10.16381/j.cnki.issn1003-207x.2021.2559

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Online Display Advertising Optimization Based on Guaranteed Delivery Contract under CPC Model

Wenqiang Dai(),Weijia Chu,Jing Zhong   

  1. School of Management and Economics,University of Electronic Science and Technology of China,Chengdu 611731,China
  • Received:2021-12-08 Revised:2022-06-17 Online:2024-10-25 Published:2024-11-09
  • Contact: Wenqiang Dai E-mail:wqdai@uestc.edu.cn

Abstract:

Online display advertising is developing rapidly, and the cost-per-click (CPC) contract is an important form of contract for online display advertising. Based on reality, the impression supply is usually uncertain when making advertising delivery decisions, and its probability distribution is difficult to accurately know, and only partial distribution information is known. Using the distributionally robust optimization framework, an uncertain set characterized by known information is constructed, and the optimal advertising strategy in the worst case. Then a distributionally robust chance-constrained formulation is established and a solution algorithm is given, and some numerical experiments are carried out. The results of the numerical experiments show that the designed advertising optimization model and the corresponding solution algorithm have good performance.

Key words: online display advertising, CPC, guaranteed delivery, stochastic optimization, distributionally robust

CLC Number: