Margaria, Chiara - In: Theoretical economics : TE ; an open access journal in … 20 (2025) 2, pp. 623-665
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...