Kleiner, Andreas; Moldovanu, Benny; Strack, Philipp - In: Econometrica 89 (2021) 4, pp. 1557-1593
We characterize the set of extreme points of monotonic functions that are either majorized by a given function f or themselves majorize f and show that these extreme points play a crucial role in many economic design problems. Our main results show that each extreme point is uniquely...