Eisenkopf, Gerald; Wohlschlegel, Ansgar - Thurgauer Wirtschaftsinstitut <Kreuzlingen> - 2011
We analyze educational institutions’ incentives to set up demanding or lax curricula induopolistic markets for education with endogenous enrolment of students. We assume thatthere is a positive externality of student achievement on the local economy. Comparingthe case of regulated tuition fees...