COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY
Post Office Box 208281
New Haven, CT 06520-8281
COWLES FOUNDATION DISCUSSION PAPER NO. 647R
"On Allocative Distortions in Problems of Self-Selection"
Russell Cooper
1984
This paper considers the general structure of self-selection models. By imposing conditions which permit the ordering of agents by their preferences, we provide a characterization of the distortions inherent in the sorting process. We also discuss extensions of the basic model such as randomization.
See CFP 615
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