De Fraja, Gianni; Valbonesi, Paola - C.E.P.R. Discussion Papers - 2008
This paper compares the organisation of the university sector under private provision with the structure which would be … teach students. To attend university, and earn higher incomes in the labour market, students pay a tuition fee, and each … university chooses its tuition fee to maximise the amount of resources it can devote to research. Research bestows an externality …