Learning to Advertise with Adaptive Exposure via Constrained Two-Level Reinforcement Learning

09/10/2018
by   Weixun Wang, et al.
0

For online advertising in e-commerce, the traditional problem is to assign the right ad to the right user on fixed ad slots. In this paper, we investigate the problem of advertising with adaptive exposure, in which the number of ad slots and their locations can dynamically change over time based on their relative scores with recommendation products. In order to maintain user retention and long-term revenue, there are two types of constraints that need to be met in exposure: query-level and day-level constraints. We model this problem as constrained markov decision process with per-state constraint (psCMDP) and propose a constrained two-level reinforcement learning to decouple the original advertising exposure optimization problem into two relatively independent sub-optimization problems. We also propose a constrained hindsight experience replay mechanism to accelerate the policy training process. Experimental results show that our method can improve the advertising revenue while satisfying different levels of constraints under the real-world datasets. Besides, the proposal of constrained hindsight experience replay mechanism can significantly improve the training speed and the stability of policy performance.

READ FULL TEXT
research
06/29/2020

Dynamic Knapsack Optimization Towards Efficient Multi-Channel Sequential Advertising

In E-commerce, advertising is essential for merchants to reach their tar...
research
08/19/2019

Learning to Advertise for Organic Traffic Maximization in E-Commerce Product Feeds

Most e-commerce product feeds provide blended results of advertised prod...
research
03/06/2018

Personalized Attention-Aware Exposure Control Using Reinforcement Learning

We propose a reinforcement learning approach for real-time exposure cont...
research
12/01/2016

Large-scale Validation of Counterfactual Learning Methods: A Test-Bed

The ability to perform effective off-policy learning would revolutionize...
research
12/26/2022

Do not Waste Money on Advertising Spend: Bid Recommendation via Concavity Changes

In computational advertising, a challenging problem is how to recommend ...
research
11/15/2021

Mitigating Divergence of Latent Factors via Dual Ascent for Low Latency Event Prediction Models

Real-world content recommendation marketplaces exhibit certain behaviors...
research
06/15/2018

CIA-Towards a Unified Marketing Optimization Framework for e-Commerce Sponsored Search

As the largest e-commerce platform, Taobao helps advertisers reach billi...

Please sign up or login with your details

Forgot password? Click here to reset