Strategic Bidding Behaviors in Nondecreasing Sponsored Search Auctions

Table 1

Example of the vindictive bidding in a SSA.

Terms	ad1	ad2	ad3
Occupied slot	sl1	sl2	Nothing
Bid price in the current round	𝑏1	𝑏2	𝑏3
Bid price in the next round	𝑏1	𝑏^+2 (where 𝑏1>𝑏^+2>𝑏2)	𝑏3