I study the efficient design of a queue to dynamically allocate a scarce resource to long-lived agents. Agents can be served multiple times, and their valuations fluctuate over time with some persistence. Each agent privately learns whether his prevailing valuation is high or low only when...

I study the efficient design of a queue to dynamically allocate a scarce resource to long‐lived agents. Agents can be served multiple times, and their valuations fluctuate over time with some persistence. Each agent privately learns whether his prevailing valuation is high or low only when...

Motivated by the need for transportation infrastructure and incident management planning, we study traffic density under non-recurrent congestion. This paper provides an analytical solution approximating the stationary distribution of traffic density in roadways where deterioration of service...

Motivated by the need for transportation infrastructure and incident management planning, we study traffic density under non-recurrent congestion. This paper provides an analytical solution approximating the stationary distribution of traffic density in roadways where deterioration of service...