Document Type
Discussion Paper
Publication Date
3-1-2010
CFDP Number
1757R
CFDP Revision Date
2010-05-01
CFDP Pages
15
Abstract
We survey the recent literature on designing auctions and mechanisms for dynamic settings. Two settings are considered: those with a dynamic population of agents whose private information remains fixed throughout time; and those with a fixed population of agents whose private information changes across time. Within each of these settings, we discuss both efficient (welfare-maximizing) and optimal (revenue-maximizing) mechanisms.
Recommended Citation
Bergemann, Dirk and Said, Maher, "Dynamic Auctions: A Survey" (2010). Cowles Foundation Discussion Papers. 2086.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/2086