Efficient Dynamic Allocation with Strategic Arrivals
نویسندگان
چکیده
We analyze dynamic allocations in a model with uncertain demand and with unobservable arrivals. The planner learns along the way about future demand, but strategic agents, who anticipate this behavior, strategically choose the timing of their arrivals. We examine the conditions under which the complete information, dynamically efficient allocation is implementable, and characterize the necessary payments that control the ensuing allocative and informational externalities.
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