Optimal dynamic auctions for revenue management

Optimal dynamic auctions for revenue management

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Article ID: iaor2003144
Country: United States
Volume: 4
Issue: 1
Start Page Number: 7
End Page Number: 11
Publication Date: Dec 2002
Journal: Manufacturing & Service Operations Management
Authors:
Keywords: bidding
Abstract:

This is an extended abstract of a paper that was a finalist in the Manufacturing and Service Operating Management Society's 2001 Student Paper Competition. The natural variation of the traditional single-leg, multiperiod revenue management problem in which buyers bid strategically in each period for a limited supply or capacity is considered.

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