De Fraja, Gianni; Valbonesi, Paola - C.E.P.R. Discussion Papers - 2008
teach students. To attend university, and earn higher incomes in the labour market, students pay a tuition fee, and each … considerations -- which would tend to equalise the number of students attending each university -- with considerations of efficiency … on the production side, which suggest that the most productive universities should teach more students and carry out more …