New for: D2, D3, D4, D5
I'll first give some background on web advertising, introducing the necessary concepts with example.
Then I'll explain different mechanisms for pricing such "sponsored search results". In particular the ones used by Yahoo and Google.
There's actually some interesting game theory (auction mechanisms) hiding in this area and I'll present some of the core concepts!
No knowledge about game theory will be assumed and the talk should be understandable to everyone.