there exists a top-down sorting equilibrium i.e. an equilibrium where there exists a set of prices which leads to groups … what conditions is top-down sorting socially efficient. We illustrate when integration (i.e. mixing types so that each … group's average type if the same) is socially better than top-down sorting. Finally, we show that top down sorting is …

there exists a top-down sorting equilibrium i.e. an equilibrium where there exists a set of prices which leads to groups … what conditions is top-down sorting socially efficient. We illustrate when integration (i.e. mixing types so that each … group's average type if the same) is socially better than top-down sorting. Finally, we show that top down sorting is …