Cremer, Helmuth; Maldonado, Dario - Institut d'Économie Industrielle (IDEI), Toulouse … - 2013
This paper studies oligopolistic competition in education markets when schools can be private and public and when the … quality of education depends on "peer group"effects. In the first stage of our game schools set their quality and in the … public schools as regulatory tool in an otherwise private education sector. …