Clickthrough and conversation rates estimation are two core predictions tasks in display advertising. We present in this article a machine learning framework based on logistic regression that is specifically designed to tackle the specifics of display advertising. The resulting system has the following characteristics: It is easy to implement and deploy, it is highly scalable (we have trained it on terabytes of data), and it provides models with state-of-the-art accuracy.
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Chapelle et al. (2014) studied this question.
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