金融科技论坛第四十六讲:Monopolist's profit-maximization v.s. screening problems: old and new
报告题目:Monopolist's profit-maximization v.s. screening problems: old and new
报告人:张霜剑教授(复旦大学)
时间:2026年5月11日上午10:30-12:00
地点:西安交通大学创新港涵英楼5-8001会议室
报告人简介:
张霜剑,复旦大学青年研究员,博士生导师。2023年入选国家高层次青年人才。2018年博士毕业于多伦多大学;博士毕业后曾在巴黎高科国立统计与经济管理学院、巴黎高等师范学院、滑铁卢大学从事博士后研究。2023年9月至今任职于复旦大学,主要研究为最优输运理论在经济金融中的应用,其研究成果发表在Economic Theory、Journal of Mathematical Economics、Communications on Pure and Applied Mathematics、Conference on Learning Theory等国际期刊。
摘要:
The principal-agent problem is one of the central problems in microeconomics with many applications. Existence, uniqueness, convexity/concavity, regularity, and characterization of the solutions have been widely studied since 1970s. For multidimensional spaces of agents and products, Rochet and Choné (Econometrica, 1998) reformulated this problem to a concave maximization over the set of convex functions, by assuming agent preferences combine bilinearity in the product and agent parameters with a quasilinear sensitivity to prices. We characterize solutions to this problem by identifying a dual minimization problem. This duality allows us to reduce the solution of the square example of Rochet-Choné to a novel free boundary problem, giving the first analytical description of an overlooked market segment, where the regularity built by Caffarelli-Lions plays a crucial role——an extension of their regularity work to the quasilinear case is also recently studied.
In this talk, I will first introduce the historical work on the principal-agent framework under the context of the monopolist problem before moving to the recent progress. The results profoundly connect with the Optimal Transport theory, a powerful tool with potential applications in many areas. This talk contains my joint work with Robert J. McCann and Cale Rankin.