Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Cost-sensitive Learning for Utility Optimization in Online Advertising
  Auctions   One of the most challenging problems in computational advertising is the
prediction of click-through and conversion rates for bidding in online
advertising auctions. An unaddressed problem in previous approaches is the
existence of highly non-uniform misprediction costs. While for model evaluation
these costs have been taken into account through recently proposed
business-aware offline metrics -- such as the Utility metric which measures the
impact on advertiser profit -- this is not the case when training the models
themselves. In this paper, to bridge the gap, we formally analyze the
relationship between optimizing the Utility metric and the log loss, which is
considered as one of the state-of-the-art approaches in conversion modeling.
Our analysis motivates the idea of weighting the log loss with the business
value of the predicted outcome. We present and analyze a new cost weighting
scheme and show that significant gains in offline and online performance can be
achieved.

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The categories of this paper are: math-ph
35
The categories of this paper are: mtrl-th
31
The categories of this paper are: ao-sci
9
The categories of this paper are: nlin
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The categories of this paper are: q-fin
20
The categories of this paper are: acc-phys
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The categories of this paper are: econ
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The categories of this paper are: math
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The categories of this paper are: alg-geom
33
The categories of this paper are: plasm-ph
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The categories of this paper are: solv-int
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The categories of this paper are: bayes-an
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The categories of this paper are: gr-qc
34
The categories of this paper are: chem-ph
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The categories of this paper are: hep-ex
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The categories of this paper are: q-bio