Inefficiencies in Digital Advertising Markets

Brett R. Gordon*, Kinshuk Jerath, Zsolt Katona, Sridhar Narayanan, Jiwoong Shin, Kenneth C. Wilbur

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

88 Scopus citations

Abstract

Digital advertising markets are growing and attracting increased scrutiny. This article explores four market inefficiencies that remain poorly understood: ad effect measurement, frictions between and within advertising channel members, ad blocking, and ad fraud. Although these topics are not unique to digital advertising, each manifests in unique ways in markets for digital ads. The authors identify relevant findings in the academic literature, recent developments in practice, and promising topics for future research.

Original languageEnglish (US)
Pages (from-to)7-25
Number of pages19
JournalJournal of marketing
Volume85
Issue number1
DOIs
StatePublished - Jan 2021

Keywords

  • ad blocking
  • ad effect measurement
  • ad fraud
  • advertising channel friction
  • digital advertising

ASJC Scopus subject areas

  • Business and International Management
  • Marketing

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