Let us call a sequence of numbers heapable if they can be sequentially
inserted to form a binary tree with the heap property, where each insertion
subsequent to the first occurs at a leaf of the tree, i.e. below a previously
placed number. In this paper we consider a variety of problems related to
heapable sequences and subsequences that do not appear to have been studied
previously. Our motivation for introducing these concepts is two-fold. First,
such problems correspond to natural extensions of the well-known secretary
problem for hiring an organization with a hierarchical structure.
Innovative auction methods can be exploited to increase profits, with
Shubik's famous "dollar auction" perhaps being the most widely known example.
Recently, some mainstream e-commerce web sites have apparently achieved the
same end on a much broader scale, by using "pay-per-bid" auctions to sell
items, from video games to bars of gold. In these auctions, bidders incur a
cost for placing each bid in addition to (or sometimes in lieu of) the winner's
final purchase cost.