Information and communications technologies (ICTs) are developing fast and triggering fundamental changes in education system. This case study focuses on institution building, which can manage such a fundamental transition in education system on a national scale. Following a short introduction,...

<italic>Abstract:</italic> The author derives the probability that price discrimination improves social welfare, using a simple model of third-degree price discrimination assuming two independent linear demands. The probability that price discrimination raises social welfare increases as the preferences or...