Optimal Dynamic Allocation: Simplicity through Information Design
Member Seminar Speaker: Faidra Monachou Title: Optimal Dynamic Allocation: Simplicity through Information Design Abstract: We study dynamic nonmonetary markets where objects are allocated to unit-demand agents with private types. An agent’s value for an object is supermodular in her type and the quality of the object, and her payoff is quasilinear in her waiting cost. The […]