CFDP 647R

On Allocative Distortions in Problems of Self-Selection

Author(s): 

Publication Date: September 1982

Revision Date: January 1983

Pages: 33

Abstract: 

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