Title

On Allocative Distortions in Problems of Self-Selection

Authors

Russell Cooper

Document Type

Discussion Paper

Publication Date

9-1-1982

CFDP Number

647R

CFDP Revision Date

1983-01-01

CFDP 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. Time Series Behavior of Prices for Overlapping Futures Contracts, with an Application to Soybean Futures

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