Advanced search options

Advanced Search Options 🞨

Browse by author name (“Author name starts with…”).

Find ETDs with:


Written in Published in Earliest date Latest date

Sorted by

Results per page:

You searched for +publisher:"University of Southern California" +contributor:("Shum, Matthew"). One record found.

Search Limiters

Last 2 Years | English Only

No search limiters apply to these results.

▼ Search Limiters

University of Southern California

1. Lu, Shijie. Essays on online advertising markets.

Degree: PhD, Business Administration, 2015, University of Southern California

My dissertation examines novel interactions between consumers and advertisers enabled by Internet platforms with new targeting technologies in online advertising markets. As paid‐search and display become two most prevalent forms of online advertising, this dissertation empirically investigates the consumer and advertiser interactions in these two online advertising markets. ❧ In my first essay, I examine the determinant of competition and its impact on click‐volume and cost‐per‐clicks in paid‐search advertising. I regard each keyword as a market and measure the competition by the number of ads on the paid‐search listings. I build an integrative model of the number entrant advertisers, the realized click‐volume and cost‐per‐clicks of each entrant. The proposed model is applied to data of keywords associated with digital camera/video and accessories. Results indicate that the number of competing ads has a significant impact on baseline click‐volume, decay factor, and value‐per‐click. These findings help search advertisers assess the impact of competition on their entry decisions and advertising profitability. The proposed framework can also provide profit implications to the search host regarding two polices: raising the decay factor by encouraging consumers to engage in more in‐depth search/click‐through, and providing coupons to advertisers. ❧ As Internet advertising infomediaries now provide rich competition‐related information, search advertisers are becoming more strategic in their keyword decisions. In the second essay, I explore whether positive or negative spillover effects occur in advertisers’ keyword entry decisions, which lead to assimilation or differentiation in their keyword choices. I develop a model of advertisers’ keyword decisions based on the incomplete‐information and simultaneous‐move game with two novel extensions: (i) I allow the strategic interactions to vary with advertisement positions to reflect consumers’ top‐down search pattern; and (ii) I infer potential entrants of a keyword by modeling the advertisers’ keyword consideration process to capture their limited capacity in analyzing all existing keywords. Using a panel dataset of laptop‐related keywords mainly used by 28 manufacturers, retailers, and comparison websites that advertise on Google, I find both assimilation and differentiation tendencies, which vary across firm types and the expected ranking of competing firms. A counterfactual simulation suggests that the more accurate competition information provided by infomediaries leads to a market‐expansion effect. ❧ Behavioral targeting, displaying personalized advertisements based on consumers’ past online behaviors, has become a popular practice in the online advertising industry. Yet, empirical research on behavioral targeting remains relatively nascent. The final essay studies the impact of targeting level on three key players (users, advertisers, and the advertising host) in behaviorally targeted display advertising. The targeting level is defined as an inverse scale of the number… Advisors/Committee Members: Yang, Sha (Committee Chair), Dukes, Anthony (Committee Member), Shum, Matthew (Committee Member), Yang, Botao (Committee Member).

Subjects/Keywords: online advertising; Internet marketing; paid search; competition; generalized second-price auction; entry; incomplete-information game; infomediary; behavioral targeting; Bayesian estimation

Record DetailsSimilar RecordsGoogle PlusoneFacebookTwitterCiteULikeMendeleyreddit

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Lu, S. (2015). Essays on online advertising markets. (Doctoral Dissertation). University of Southern California. Retrieved from

Chicago Manual of Style (16th Edition):

Lu, Shijie. “Essays on online advertising markets.” 2015. Doctoral Dissertation, University of Southern California. Accessed October 21, 2020.

MLA Handbook (7th Edition):

Lu, Shijie. “Essays on online advertising markets.” 2015. Web. 21 Oct 2020.


Lu S. Essays on online advertising markets. [Internet] [Doctoral dissertation]. University of Southern California; 2015. [cited 2020 Oct 21]. Available from:

Council of Science Editors:

Lu S. Essays on online advertising markets. [Doctoral Dissertation]. University of Southern California; 2015. Available from: