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Michael Ostrovsky quotes

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    I Like this quote I dislike this quote“Bidders could get away from the auction for days and weeks at a time and put their energy elsewhere.”

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    I Like this quote I dislike this quote“At the very least, we want to educate advertisers about the fact that in some sense they are being taken advantage of. Under the current mechanism, if they don't think carefully about their bidding strategies, they can end up paying a lot more to the search engines than they need to.”

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    I Like this quote I dislike this quote“It's not a true Vickrey mechanism.”

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    I Like this quote I dislike this quote“Overall, this would stabilize the auction system.”

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    I Like this quote I dislike this quote“Companies would be much better off using such resources to enhance their products, improve customer service, or what have you.”

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    I Like this quote I dislike this quote“Remarkably, under this pricing scheme, it is optimal for each advertiser to bid his actual value per click, regardless of what other advertisers do.”

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    I Like this quote I dislike this quote“If some bidders are naive, and they bid the highest amount they're willing to pay, then they may end up overpaying.”

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