English

Multidimensional Monotonicity and Economic Applications

Theoretical Economics 2025-08-29 v2

Abstract

We characterize the extreme points of multidimensional monotone functions from [0,1]n[0,1]^n to [0,1][0,1], as well as the extreme points of the set of one-dimensional marginals of these functions. These characterizations lead to new results for various mechanism design and information design problems, including public good provision with interdependent values; interim efficient bilateral trade mechanisms; mechanism (anti) equivalence; asymmetric reduced form auctions; and optimal private private information structure.

Keywords

Cite

@article{arxiv.2502.18876,
  title  = {Multidimensional Monotonicity and Economic Applications},
  author = {Frank Yang and Kai Hao Yang},
  journal= {arXiv preprint arXiv:2502.18876},
  year   = {2025}
}

Comments

80 pages, 8 figures

R2 v1 2026-06-28T21:58:18.595Z