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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

Author

Jae-dong Son

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Open access Oct 2026

Dynamic Offer Selection and Buy-Now Decisions on Resale Platforms: A Finite-Horizon Dynamic Programming Model

Digital resale platforms allow buyers to either purchase at a posted price or submit a lower offer subject to uncertain seller acceptance. This study develops a stylized finite-horizon dynamic program in which the buyer jointly chooses whether to bid and how much to offer while retaining a buy-now fallback. A savings t...

Jae-dong Son, Chevin Ahn, Gyumin Jung · 0 citations

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