We extend our recent general discussion of electroabsorption and refra
ction in multiple-quantum-well modulators to determine the optimum mod
ulator design for smart-pixel applications. In addition to the optimum
operating wavelength shift, from that of the zero-voltage exciton, we
determine the optimum number of quantum wells, and we calculate the r
eflectivity change and the contrast ratio obtainable. This analysis is
undertaken for both simple detectors and modulators, meaning that the
y are antireflection coated, as well as for devices that include Fabry
-Perot resonators. The optimization is performed on a figure of merit
that is inversely proportional to the incident optical read energy req
uired on a device to switch another, downstream device. We maximize th
e figure of merit to minimize the optical read energy. An interesting
result is that there should be no significant improvement in our smart
-pixel circuit figure of merit with the use of Fabry-Perot resonant mo
dulators and detectors. Our results are, of course, material-system sp
ecific, but for the 850-nm AlGalAs/GaAs quantum-well system the optimu
m wavelength shift from the exciton location is approximately 6 nm. Th
e general trends and approach are applicable to other material systems
.