Monotone Allocations without Single-Crossing: When to Bunch and When to Jump

📅 2026-08-19
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🤖 AI Summary
本文研究了在不满足单交叉条件下,如何通过跳跃或集中处理具有最小有效规模技术的代理问题,并找到全局最优解。
📝 Abstract
A principal screens an agent whose technology has a minimum efficient scale, so the Spence-Mirrlees condition fails along a monotone dividing curve: the locus at which every type values marginal output equally. For the class in which this curve and the relaxed solution are both strictly monotone, the optimal contract obeys a trichotomy, governed by how the two meet: a jump is impossible when they never meet, unavoidable across a flat dividing curve, a choice across a strictly increasing one. The optimum is found, not conjectured: each solution is certified as globally optimal among all implementable allocations, deterministic or random, by dualizing the family of binding constraints through an explicit weight; the certificates require neither linear primitives nor any restriction on the shape of the contract. Under mild regularity the class comprises exactly forty configurations; each is mapped to its forced shape, solved in closed form, and certified.
Problem

Research questions and friction points this paper is trying to address.

Monotone Allocations
Spence-Mirrlees Condition
Minimum Efficient Scale
Innovation

Methods, ideas, or system contributions that make the work stand out.

Monotone Allocations
Spence-Mirrlees Condition
Trichotomy
Dualizing Constraints
Global Optimality
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A
Aloisio Araujo
Instituto Nacional de Matemática Pura e Aplicada, Estrada Dona Castorina 110, Rio de Janeiro, Brasil, and Graduate School of Economics, Getúlio Vargas Foundation, Praia de Botafogo 190, Rio de Janeiro, Brazil
C
Carolina Parra
Faculdade de Ciências Econômicas, UERJ, Rua São Francisco Xavier 524, Rio de Janeiro, Brazil
S
Sergei Vieira
IBMEC, Av. Presidente Wilson 118, Rio de Janeiro, Brazil