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Some game theoretic marketing attribution models

Author

Listed:
  • Elisenda Molina

    (Universidad Complutense de Madrid)

  • Juan Tejada

    (Universidad Complutense de Madrid)

  • Tom Weiss

    (MarketCast LCC)

Abstract

In this paper, we propose and analyse two game theoretic approaches to design attribution mechanisms for multi-channel marketing campaigns. Both approaches are based on a key performance index function that provides the benefit obtained in each of the observed paths to conversion. The first approach considers the problem as a cooperative transferable utility game, and the proposed attribution mechanisms are based on the Shapley value. The second approach models the problem as a bankruptcy problem and the proposed attribution mechanism is based on the constrained equal-losses rule. We also extend the above approaches to deal with the cases in which the position or the repetition of the channels on the paths to conversion are taken into account.

Suggested Citation

  • Elisenda Molina & Juan Tejada & Tom Weiss, 2022. "Some game theoretic marketing attribution models," Annals of Operations Research, Springer, vol. 318(2), pages 1043-1075, November.
  • Handle: RePEc:spr:annopr:v:318:y:2022:i:2:d:10.1007_s10479-022-04944-5
    DOI: 10.1007/s10479-022-04944-5
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    References listed on IDEAS

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