New auction mechanisms reduce risk for online keyword auctions.
The article discusses different auctioning methods for ranking items, like in online keyword auctions. The researchers looked at various auction types to see which ones make the most money while also being fair and efficient. They found that all the auction types they studied met these criteria. They also discovered some new auction methods that are less risky for the auctioneer than the traditional ones. This means there are new ways to run auctions that can lower the risk for the person selling the items.