On Allocative Distortions in Problems of Self-Selection

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Published in RePEc

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.

Keywords

ALLOCATIVE DISTORTIONS
DISTORTIONS INHERENT
IMPOSING CONDITIONS
DISCUSS EXTENSIONS
GENERAL STRUCTURE
SELECTION MODELS
SORTING PROCESS
BASIC MODEL

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