๐ค AI Summary
This paper addresses the two-sided attention market formed by platforms, users, and content creators in online content ecosystems, aiming to unify the modeling of their dynamic interactions and heterogeneous evolutionary outcomes.
Method: It innovatively formalizes bilateral attention allocation as mirror descent over a non-convex potential function, establishing the first coupled potential function model for such markets. Integrating game-theoretic reasoning, multinomial logit choice models, mirror descent dynamics, and non-convex optimization analysis, the approach designs a family of platform-rankingโinduced potential functions to steer system evolution.
Contribution/Results: The work yields the first optimization framework capable of uniformly explaining attention-market dynamics under diverse platform mechanisms. It provides novel theoretical guarantees on local convergence for non-convex potential landscapes and lays a rigorous foundation for analyzing content-ecosystem evolution and designing effective intervention policies.
๐ Abstract
With most content distributed online and mediated by platforms, there is a pressing need to understand the ecosystem of content creation and consumption. A considerable body of recent work shed light on the one-sided market on creator-platform or user-platform interactions, showing key properties of static (Nash) equilibria and online learning. In this work, we examine the {it two-sided} market including the platform and both users and creators. We design a potential function for the coupled interactions among users, platform and creators. We show that such coupling of creators' best-response dynamics with users' multilogit choices is equivalent to mirror descent on this potential function. Furthermore, a range of platform ranking strategies correspond to a family of potential functions, and the dynamics of two-sided interactions still correspond to mirror descent. We also provide new local convergence result for mirror descent in non-convex functions, which could be of independent interest. Our results provide a theoretical foundation for explaining the diverse outcomes observed in attention markets.