1.0Microsoft Researchhttps://www.microsoft.com/en-us/researchCasey Andersonhttps://www.microsoft.com/en-us/research/people/caseya/rich600338<blockquote class="wp-embedded-content" data-secret="S3II1cqUlT"><a href="https://www.microsoft.com/en-us/research/video/the-fedex-problem/">The FedEx Problem</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.microsoft.com/en-us/research/video/the-fedex-problem/embed/#?secret=S3II1cqUlT" width="600" height="338" title="“The FedEx Problem” — Microsoft Research" data-secret="S3II1cqUlT" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.microsoft.com/en-us/research/wp-includes/js/wp-embed.min.js /* ]]> */ </script> https://www.microsoft.com/en-us/research/wp-content/uploads/2016/10/Ch5Jq-g5b5s.jpg480360Consider the following setting: a customer has a package and is willing to pay up to some value v to ship it, but needs it to be shipped by some deadline d. Given the joint prior distribution from which (v, d) pairs are drawn, we characterize the auction that yields optimal revenue, contributing to the […]