Monotone Function Intervals: Theory and Applications (Record no. 134179)

MARC details
000 -LEADER
fixed length control field 01308nam a2200205Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 241008s9999||||xx |||||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 0002-8282
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Yang, Kai Hao
9 (RLIN) 121947
245 #0 - TITLE STATEMENT
Title Monotone Function Intervals: Theory and Applications
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. American Economic Review
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 2239-2270
520 ## - SUMMARY, ETC.
Abstract 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 intervals and apply this to a number of economic settings. First, we leverage the main result to characterize the set of distributions of posterior quantiles that can be induced by a signal, with applications to political economy, Bayesian persuasion, and the psychology of judgment. Second, we combine our characterization with properties of convex optimization problems to unify and generalize seminal results in the literature on security design under adverse selection and moral hazard.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Asset Pricing
9 (RLIN) 67822
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Programming Models
9 (RLIN) 22145
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Trading Volume
9 (RLIN) 121948
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Optimization Techniques
9 (RLIN) 26690
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Zentefis, Alexander K.
9 (RLIN) 121949
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.aeaweb.org/articles?id=10.1257/aer.20230330">https://www.aeaweb.org/articles?id=10.1257/aer.20230330</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134179
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        Dr VKRV Rao Library Dr VKRV Rao Library 08/10/2024 Vol. 114, No. 8   AI463 08/10/2024 08/10/2024 Article Index

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