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Long-lived Agents

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/9780262028400.003.0006
Subject:
Economics and Finance, Financial Economics

In this chapter the authors review several models where agents are long-lived and hence they can manipulate the timing of their purchase. They first study the case where agents are long lived but ... More


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