Monotone function intervals: Theory and applications
KH Yang, AK Zentefis - American Economic Review, 2024 - aeaweb.org
A monotone function interval is the set of monotone functions that lie pointwise between two
fixed,-monotone functions. We characterize the set of extreme points of monotone function …
fixed,-monotone functions. We characterize the set of extreme points of monotone function …
Private private information
A private private information structure delivers information about an unknown state while
preserving privacy: An agent's signal contains information about the state but remains …
preserving privacy: An agent's signal contains information about the state but remains …
[PDF][PDF] The public option and optimal redistribution
ZY Kang - 2023 - fass.nus.edu.sg
This paper examines how the equilibrium effects of a public option on the private market
impact its optimal design. I develop a model in which a policymaker can choose the quality …
impact its optimal design. I develop a model in which a policymaker can choose the quality …
Beckmann's approach to multi-item multi-bidder auctions
We consider the problem of revenue-maximizing Bayesian auction design with several
bidders having independent private values over several items. We show that it can be …
bidders having independent private values over several items. We show that it can be …
[PDF][PDF] The Economics of Monotone Function Intervals
KH Yang, AK Zentefis - 2023 - som.yale.edu
Monotone function intervals are sets of monotone functions that are bounded pointwise
above and below by two monotone functions. We characterize the extreme points of such …
above and below by two monotone functions. We characterize the extreme points of such …
Extreme Points in Multi-Dimensional Screening
P Lahr, A Niemeyer - arXiv preprint arXiv:2412.00649, 2024 - arxiv.org
This paper characterizes extreme points of the set of incentive-compatible mechanisms for
screening problems with linear utility. Extreme points are exhaustive mechanisms, meaning …
screening problems with linear utility. Extreme points are exhaustive mechanisms, meaning …
Diversity in Choice as Majorization
We use majorization to model comparative diversity in school choice. A population of agents
is more diverse than another population of agents if its distribution over groups is less …
is more diverse than another population of agents if its distribution over groups is less …
Falsifiable Test Design in Coordination Games
A principal can propose a project to an agent, who then decides whether to accept. Their
payoffs from launching the project depend on an unknown binary state. The principal can …
payoffs from launching the project depend on an unknown binary state. The principal can …
[PDF][PDF] Targeting subsidies through price menus: Menu design and evidence from clean fuels
Targeting subsidies to maximize social objectives often requires screening potential
recipients on unobservable characteristics. We consider the case where a policy maker …
recipients on unobservable characteristics. We consider the case where a policy maker …
Multi-Criteria Allocation Mechanisms: Constraints and Comparative Statics
A Nikzad - Available at SSRN, 2024 - papers.ssrn.com
We study the structure of Pareto optimal mechanisms in settings where the planner
considers more than one objective criterion. Specifically, we (i) characterize mechanisms …
considers more than one objective criterion. Specifically, we (i) characterize mechanisms …