Multidimensional Monotonicity and Economic Applications
Theoretical Economics
2025-08-29 v2
Abstract
We characterize the extreme points of multidimensional monotone functions from to , 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.
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