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AdSense - what can you control?

I see frequent posts on webmasterworld.com: 'My AdSense revenue/EPC/eCPM is/are down, what's going on?' - the conversation often degrades into a slam session asserting that it's all a conspiracy or the phases of the moon may be factor - so, I've been thinking of some of the things that a webmaster can control, and those that can't be controlled.

Here are things I have discovered over the years: It is important to focus on the things that you can control, and not worry too much about the things you can't control directly. I find it more productive to focus on the things that I can change, rather than dwell on something totally out of my reach, such as Google's motives or need to increase this quarter's profits.

Google AdSense - Balancing supply and demand in a dynamic network

A strange thought just popped into my head: What if Google's content network pricing algorithms (smart pricing, etc.) are at least partially driven by the need to ensure adequate inventory ('supply') of ads to run on publisher sites on any given day?

In other words, in order to prevent showing blank ads or PSAs on lots of sites, they need to drop the actual per-click payout rates across the network in order to ensure that advertiser daily budgets are not exceeded too quickly... in order to have the ads shown across the network throughout the day.

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