We study the welfare maximizing assignment of several heterogeneous, commonly ranked objects to impatient agents with privately known characteristics who arrive sequentially according to a Poisson or renewal process. There is a deadline after which no more objects can be allocated. We first show...

We study the allocation of several heterogenous, commonly ranked objects to impatient agents with privately known characteristics who arrive sequentially according to a Poisson or renewal process. We analyze and compare the policies that maximize either welfare or revenue. We focus on two cases:...

Games with Finite Resources as defined by Gale (1957) are two-person zero-sum N-stage games in which each player has N resources and may use each resource once and only once in the N stages. Gale's theorem on these games is generalized in several directions. First the payoff is allowed to be any...