Valuing Goods Allocated via Dynamic Lottery
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DOI: 10.1086/709142
Abstract: Resource managers often use “dynamic lotteries” to allocate access to recreational opportunities. Under these lotteries, applicants’ probability of winning access increases with their seniority, earned by being unsuccessful in past drawings. Winning access means forfeiting… read more here.
Keywords: dynamic lottery; via dynamic; valuing goods; goods allocated ... See more keywords