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The Stochastic and Dynamic Knapsack Model

Alex Gershkov

in Dynamic Allocation and Pricing: A Mechanism Design Approach

Published in print:
2015
Published Online:
May 2016
ISBN:
9780262028400
eISBN:
9780262327732
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028400.003.0004
Subject:
Economics and Finance, Financial Economics

In this chapter the authors characterize the revenue maximizing policy in the dynamic and stochastic knapsack problem where a given capacity needs to be allocated by a given deadline to sequentially ... More


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