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The structure and functioning of the market of higher education in the United States possess distinctive if not … defines the quality of higher education and explains its (growing) cost continue to be debated. The Chapter surveys …
Persistent link: https://www.econbiz.de/10012200301
We analyse how state university competition to collect resources may affect both research and the quality of teaching … research and teaching supplied by each university, and the mix of low- and high-ability students attending each university. The … a higher teaching quality but pay higher tuition fees. -- university competition ; research ; tuition fees …
Persistent link: https://www.econbiz.de/10009011313
I will outline the institutional structure of monitoring and improving the quality of higher education in The …
Persistent link: https://www.econbiz.de/10011415597
We study the effects of horizontal mergers when firms compete on quality and price. Two key factors are identified: (i) the magnitude of variable quality costs, and (ii) the relative magnitudes of cross-quality and cross-price effects on demand. The merging firms will increase (reduce) both...
Persistent link: https://www.econbiz.de/10011283834
In credence goods markets, experts have better information about the appropriate quality of treatment than their customers. Experts may exploit their informational advantage by defrauding customers. Market institutions have been shown theoretically to be effective in mitigating fraudulent expert...
Persistent link: https://www.econbiz.de/10012315945
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...
Persistent link: https://www.econbiz.de/10013285520
We analyze the impact of expansion of higher education on student outcomes in the context of competition among colleges … better serve their most able students. This stylized model of curricular product differentiation in higher education offers …
Persistent link: https://www.econbiz.de/10011547733
I take advantage of a sharp discontinuity in the probability of admission to an elite university at the admission score … threshold, to estimate causal returns to college education quality. I use a newly constructed dataset, which combines individual …. Cumulated over fifteen years, the time span of income data for my sample, the net premium of attending the elite university …
Persistent link: https://www.econbiz.de/10011536219
outcomes in the context of competition among colleges. When public policies promote “access” to college education, colleges …
Persistent link: https://www.econbiz.de/10010506322
We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are …, but is also associated with higher cost of acquiring skill. We consider both a differentiated university system in which … differentiation in higher education can decrease student effort and skill of medium ability types. …
Persistent link: https://www.econbiz.de/10011309225