In The American Economic Review, Marissa Beck coauthored a paper entitled “Adverse Selection and Auction Design for Internet Display Advertising.” In the paper, the authors model an online display advertising environment in which “performance” advertisers can measure the value of individual impressions, whereas “brand” advertisers cannot. They introduce “modified second bid” auctions as the unique auctions that overcome adverse selection and incentives for false-name bidding in this environment. To read more, click the link below.
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Dr. Alison Hole joins CRA's Antitrust & Competition Economics Practice
CRA is pleased to announce that Dr. Alison Hole has joined the company as a Vice President in the Antitrust & Competition Economics Practice.