7 papers
Stochastic Optimization and Coupling
Frank Yang, Kai Hao Yang
We study optimization problems in which a linear functional is maximized over probability measures that are dominated by a given measure according to an integral stochastic order i…
Screening Frontiers
Frank Yang
A principal screens an agent with an arbitrary set of allocations . The agent's values for the allocations are comonotonic. A subset of allocations is a surplu…
Dynamic stimulated emission for deterministic addition and subtraction of propagating photons
Haoyuan Luo, Parth S. Shah, Frank Yang +2
Photon subtraction and addition are essential non-Gaussian processes in quantum optics, where conventional methods using linear optics and number-resolving detection often suffer f…
Costly Multidimensional Screening
Frank Yang
A screening instrument is costly if it is socially wasteful and productive otherwise. A principal screens an agent with multidimensional private information and quasilinear prefere…
Dynamic Threats to Credible Auctions
Martino Banchio, Andrzej Skrzypacz, Frank Yang
A seller wants to sell a good to a set of bidders using a credible mechanism. We show that when the seller has private information about her cost, it is impossible for a static mec…
Bundling against Learning
Agathe Pernoud, Frank Yang
A monopolist sells multiple goods to an uninformed buyer. The buyer chooses to learn any one-dimensional linear signal of their values for the goods, anticipating the seller's mech…