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> Useful economic properties depend on non-repeated, "stable" auctions of 1D ordered lists, which doesn't describe most modern media. Yeah, as I think we've di
by disgruntledphd2 5y ago
> Useful economic properties depend on non-repeated, "stable" auctions of 1D ordered lists, which doesn't describe most modern media.
Yeah, as I think we've discussed before, GSP is a lovely economic model that doesn't have much applicability to the real world.
It's a great thing to explain to clients though, and it makes it look like the platform is not overcharging them, which is probably why people still keep using it.