Eisenkopf, Gerald; Wohlschlegel, Ansgar - Thurgauer Wirtschaftsinstitut an der Universität Konstanz - 2011
We analyze educational institutions incentives to set up demanding or lax curricula in duopolistic markets for education with endogenous enrolment of students. We assume that there is a positive externality of student achievement on the local economy. Comparing the case of regulated tuition fees...