platform is concerned with both the proportional fairness and efficiency of the allocation, and propose a hybrid algorithm … impressions to serve to various advertisers. Such dynamic resource allocation problems are challenging for two reasons: (a) the … platform must strike a balance between optimizing her own revenues and guaranteeing fairness to her (repeat) buyers and (b) the …

possible. We provide necessary and sufficient conditions for fairness under different market conditions on orders for … constrained RSD mechanisms. Our results show that exchanges relying on the current serialization technology cannot ensure fairness …, including exchanges using `speed bumps.' We find that specific forms of constrained RSD ensure fairness under certain …

We study firms' internal resource allocation using a dynamic principal-agent model with endogenous cash-flow volatility …

We study a firm's internal resource allocation using a dynamic principal-agent model with endogenous cash flow …