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fluctuations in prices. In this paper, we examine the dynamic auction design and propose a method to curb price volatility through …
Persistent link: https://www.econbiz.de/10012607458
fluctuations in prices. In this paper, we examine the dynamic auction design and propose a method to curb price volatility through …
Persistent link: https://www.econbiz.de/10013384524
I study a repeated mechanism design problem where a revenue-maximizing monopolist sells a fixed number of service slots to randomly arriving buyers with private values and increasing exit rates. In addition to characterizing the fully optimal mechanism, I study the optimal mechanisms in two...
Persistent link: https://www.econbiz.de/10010862067
We consider a dynamic auction problem motivated by the traditional single-leg, multi-period revenue management problem …
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We analyze maximization of revenue in the dynamic and stochastic knapsack problem where a given capacity needs to be allocated by a given deadline to sequentially arriving agents. Each agent is described by a two-dimensional type that reflects his capacity requirement and his willingness to pay...
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