Bishop, John - In: Handbook of the economics of education : volume 2, (pp. 909-944). 2006
Students face four decision margins: (a) How many years to spend in school, (b) What to study, (c) How much effort to … schools operate and how they might be made more effective. In this new framework students have a dual role. They are both (a … behavior of students, teachers and administrators depends on the incentives facing them and the actions of the other actors in …