11,492 research outputs found
Inefficiencies in Digital Advertising Markets
Digital advertising markets are growing and attracting increased scrutiny. This article explores four market inefficiencies that remain poorly understood: ad effect measurement, frictions between and within advertising channel members, ad blocking, and ad fraud. Although these topics are not unique to digital advertising, each manifests in unique ways in markets for digital ads. The authors identify relevant findings in the academic literature, recent developments in practice, and promising topics for future research
Contextual advertising
Contextual advertising entails the display of relevant ads based on the content that consumers view, exploiting the potential that consumers' content preferences are indicative of their product preferences. This paper studies the strategic aspects of such advertising, considering an intermediary who has access to a content base, sells advertising space to advertisers who compete in the product market, and provides the targeting technology. The results show that contextual targeting impacts advertiser profit in two ways: First, advertising through relevant content topics helps advertisers reach consumers with a strong preference for their product. Second, heterogeneity in consumers' content preferences can be leveraged to reduce product market competition, especially when competition is intense. The intermediary has incentives to strategically design its targeting technology, sometimes at the cost of the advertisers. When product market competition is moderate, the intermediary offers accurate targeting such that the consumers see the most relevant ads. When competition is high, the intermediary lowers the targeting accuracy such that the consumers see less relevant ads. Doing so intensifies competition and encourages advertisers to bid for multiple content topics in order to prevent their competitors from reaching consumers. In some cases, this may lead to an asymmetric equilibrium where one advertiser bids high even for the content topic that is more relevant to its competitor. © 2012 INFORMS
Measuring, Characterizing, and Detecting Facebook Like Farms
Social networks offer convenient ways to seamlessly reach out to large
audiences. In particular, Facebook pages are increasingly used by businesses,
brands, and organizations to connect with multitudes of users worldwide. As the
number of likes of a page has become a de-facto measure of its popularity and
profitability, an underground market of services artificially inflating page
likes, aka like farms, has emerged alongside Facebook's official targeted
advertising platform. Nonetheless, there is little work that systematically
analyzes Facebook pages' promotion methods. Aiming to fill this gap, we present
a honeypot-based comparative measurement study of page likes garnered via
Facebook advertising and from popular like farms. First, we analyze likes based
on demographic, temporal, and social characteristics, and find that some farms
seem to be operated by bots and do not really try to hide the nature of their
operations, while others follow a stealthier approach, mimicking regular users'
behavior. Next, we look at fraud detection algorithms currently deployed by
Facebook and show that they do not work well to detect stealthy farms which
spread likes over longer timespans and like popular pages to mimic regular
users. To overcome their limitations, we investigate the feasibility of
timeline-based detection of like farm accounts, focusing on characterizing
content generated by Facebook accounts on their timelines as an indicator of
genuine versus fake social activity. We analyze a range of features, grouped
into two main categories: lexical and non-lexical. We find that like farm
accounts tend to re-share content, use fewer words and poorer vocabulary, and
more often generate duplicate comments and likes compared to normal users.
Using relevant lexical and non-lexical features, we build a classifier to
detect like farms accounts that achieves precision higher than 99% and 93%
recall.Comment: To appear in ACM Transactions on Privacy and Security (TOPS
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FIDE Congress 2020 - EU Competition Law and the Digital Economy: United Kingdom Report
This report was prepared for the 29th biennial Congress of the International Federation of European Law (FIDE) to be held in The Hague in May 2020. It is the national report for the United Kingdom in response to Topic 3 of the 2020 FIDE Congress, titled ‘EU Competition Law and the Digital Economy’. This report offers an overview of UK competition enforcement in digital economy markets by answering twelve questions organised into four sections. Part A summarises key UK antitrust and merger decisions, agency publications, priorities and goals of enforcement in digital economy markets. Part B focuses upon the definition of markets and conceptualisation of market power by UK authorities in digital economy cases in light of their challenges and particularities. Part C offers a detailed overview of the issues underpinning UK antitrust and merger scrutiny in this field: the types of conduct investigated, relevant factors and concepts, theories of harm, efficiency justifications and remedies in digital economy cases. Finally, Part D identifies the potential for incoherent enforcement in this field from two different sources: the overlap between UK competition law and ex ante regulatory regimes (e.g. consumer protection, data protection); and the overlap between the powers of various UK competition decision-makers (e.g. sectoral regulators, the Competition Appeal Tribunal, and the courts)
Data-driven personalisation and the law - a primer: collective interests engaged by personalisation in markets, politics and law
Interdisciplinary Workshop on �Data-Driven Personalisation in Markets, Politics and Law' on 28 June 2019Southampton Law School will be hosting an interdisciplinary workshop on the topic of �Data-Driven Personalisation in Markets, Politics and Law' on Friday 28 June 2019, which will explore the pervasive and growing phenomenon of �personalisation� � from behavioural advertising in commerce and micro-targeting in politics, to personalised pricing and contracting and predictive policing and recruitment. This is a huge area which touches upon many legal disciplines as well as social science concerns and, of course, computer science and mathematics. Within law, it goes well beyond data protection law, raising questions for criminal law, consumer protection, competition and IP law, tort law, administrative law, human rights and anti-discrimination law, law and economics as well as legal and constitutional theory. We�ve written a position paper, https://eprints.soton.ac.uk/428082/1/Data_Driven_Personalisation_and_the_Law_A_Primer.pdf which is designed to give focus and structure to a workshop that we expect will be strongly interdisciplinary, creative, thought-provoking and entertaining. We like to hear your thoughts! Call for papers! Should you be interested in disagreeing, elaborating, confirming, contradicting, dismissing or just reflecting on anything in the paper and present those ideas at the workshop, send us an abstract by Friday 5 April 2019 (Ms Clare Brady [email protected] ). We aim to publish an edited popular law/social science book with the most compelling contributions after the workshop.Prof Uta Kohl, Prof James Davey, Dr Jacob Eisler<br/
Application of artificial neural network in market segmentation: A review on recent trends
Despite the significance of Artificial Neural Network (ANN) algorithm to
market segmentation, there is a need of a comprehensive literature review and a
classification system for it towards identification of future trend of market
segmentation research. The present work is the first identifiable academic
literature review of the application of neural network based techniques to
segmentation. Our study has provided an academic database of literature between
the periods of 2000-2010 and proposed a classification scheme for the articles.
One thousands (1000) articles have been identified, and around 100 relevant
selected articles have been subsequently reviewed and classified based on the
major focus of each paper. Findings of this study indicated that the research
area of ANN based applications are receiving most research attention and self
organizing map based applications are second in position to be used in
segmentation. The commonly used models for market segmentation are data mining,
intelligent system etc. Our analysis furnishes a roadmap to guide future
research and aid knowledge accretion and establishment pertaining to the
application of ANN based techniques in market segmentation. Thus the present
work will significantly contribute to both the industry and academic research
in business and marketing as a sustainable valuable knowledge source of market
segmentation with the future trend of ANN application in segmentation.Comment: 24 pages, 7 figures,3 Table
The Dark Side of Micro-Task Marketplaces: Characterizing Fiverr and Automatically Detecting Crowdturfing
As human computation on crowdsourcing systems has become popular and powerful
for performing tasks, malicious users have started misusing these systems by
posting malicious tasks, propagating manipulated contents, and targeting
popular web services such as online social networks and search engines.
Recently, these malicious users moved to Fiverr, a fast-growing micro-task
marketplace, where workers can post crowdturfing tasks (i.e., astroturfing
campaigns run by crowd workers) and malicious customers can purchase those
tasks for only $5. In this paper, we present a comprehensive analysis of
Fiverr. First, we identify the most popular types of crowdturfing tasks found
in this marketplace and conduct case studies for these crowdturfing tasks.
Then, we build crowdturfing task detection classifiers to filter these tasks
and prevent them from becoming active in the marketplace. Our experimental
results show that the proposed classification approach effectively detects
crowdturfing tasks, achieving 97.35% accuracy. Finally, we analyze the real
world impact of crowdturfing tasks by purchasing active Fiverr tasks and
quantifying their impact on a target site. As part of this analysis, we show
that current security systems inadequately detect crowdsourced manipulation,
which confirms the necessity of our proposed crowdturfing task detection
approach
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