News for hackers. Stuff that matters.
Re:Launch HN: Promoted (YC W21) - Search and feed ranking fo... by disgruntledphd2 on Tuesday November 02, 2021 @11:48AM (#29083011)
So, in a FPA I bid $1. I win, and pay $1.

In a GSP, I bid $1. I'll pay the second price (not really but for purposes of clarity assume it) which was $0.90.

In this case, I always (almost) pay less than my maximum bid, which allows for margin given to me (assuming true value and a bunch of other unrealistic things) rather than in the FPA, where I pay $1, assuming my bid is highest.

I'm not talking in incentive-compatibility terms, rather in terms of where the "margin" goes.

Re:Launch HN: Promoted (YC W21) - Search and feed ranking fo... by andrewyates2020 on Tuesday November 02, 2021 @12:14PM (#29083358)
In FPA, you need to strategically lower your bid to get "margin." In GSP, that's also true. I have some details here:

https://medium.com/promoted/when-goog-fb-is-bad-for-your-per...