- Patent Title: Systems and methods for targeting bid and position for a keyword
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Application No.: US18316784Application Date: 2023-05-12
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Publication No.: US11966949B2Publication Date: 2024-04-23
- Inventor: James O. H. Montgomery , Athanassios Kintsakis , Keegan Hines
- Applicant: Capital One Services, LLC
- Applicant Address: US VA McLean
- Assignee: Capital One Services, LLC
- Current Assignee: Capital One Services, LLC
- Current Assignee Address: US VA McLean
- Agency: Bookoff McAndrews, PLLC
- Main IPC: G06Q30/0251
- IPC: G06Q30/0251 ; G06Q30/0241 ; G06Q30/0242 ; G06Q30/0273

Abstract:
Disclosed are methods, systems, and non-transitory computer-readable medium for targeting bid and position for a keyword. For instance, the method may include obtaining information about the keyword, the information about the keyword including observations of value with respect to position for the keyword. The method may further include applying a Gaussian Process Model on the observations to obtain a prediction function and associated uncertainties, the prediction function and the associated uncertainties relating positions to expected values; applying a Thompson sampling reinforcement learning model on the expected values and the positions to obtain a target position; and applying a bid model to the target position to obtain bid information for the keyword. The method may also include transmitting a bid message to a search engine, the bid message including the bid information.
Public/Granted literature
- US20230281665A1 SYSTEMS AND METHODS FOR TARGETING BID AND POSITION FOR A KEYWORD Public/Granted day:2023-09-07
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