The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Sep, 2020, Volume 88, Issue 5
https://doi.org/10.3982/ECTA15530
p. 1939-1963
Vahab Mirrokni, Renato Paes Leme, Pingzhong Tang, Song Zuo
We introduce a new family of dynamic mechanisms that restricts sellers from using future distributional knowledge. Since the allocation and pricing of each auction period do not depend on the type distributions of future periods, we call this family of dynamic mechanisms non‐clairvoyant.
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August 27, 2024
