Learning about the Future and Dynamic Efficiency.
The conditions under which an efficient allocation of resources can be achieved in a dynamic private-values setting where the designer gradually learns about the distribution of agents' values are examined. It is demonstrated that the dynamic efficient assignment can always be achieved, providing a...
| Publicado en: | American Economic Review Vol. 99; no. 4; pp. 1576 - 1588 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
American Economic Association
September 2009
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |