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  • Search: subject:"Dynamic Allocation Index"
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Year of publication
Subject
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Bayesian Learning 1 Dynamic Allocation Index 1 Experimentation 1 Marginal Contribution 1 Matching 1 Multi-Armed Bandit 1 Vickrey Auction 1
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Free 1
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Book / Working Paper 1
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English 1
Author
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Bergemann, Dirk 1 Valimaki, Juuso 1
Institution
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Cowles Foundation for Research in Economics, Yale University 1
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Cowles Foundation Discussion Papers 1
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RePEc 1
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Efficient Dynamic Auctions
Bergemann, Dirk; Valimaki, Juuso - Cowles Foundation for Research in Economics, Yale University - 2006
We consider the truthful implementation of the socially efficient allocation in a dynamic private value environment in which agents receive private information over time. We show that a suitable generalization of the Vickrey-Clark-Groves mechanism, based on the marginal contribution of each...
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