Higher education, like any other commodity or service, has been viewed in a variety of economic frameworks. Little of this work, however, appears to have made any effort to define carefully the boundaries of the relevant market for higher education, which is the subject of this particular...

This paper investigates the extent of operating cost inefficiencies in the public provision of American higher education. The analysis employs panel data on American research and doctoral granting universities spanning four academic years, 2005-06 through 2008-09. Translog cost frontiers are...

Higher education, like any other commodity or service, has been viewed in a variety of economic frameworks. Little of this work, however, appears to have made any effort to define carefully the boundaries of the relevant market for higher education, which is the subject of this particular...

Against the background of the debate over appropriate endowment spending rates for colleges, it is of interest to examine exactly what has happened to private colleges' endowment market values over the decade from 1999 to 2009. In the aggregate, where do private college endowments stand in 2009...

Over the past twenty years, colleges have invested an increasing share of their endowment assets in “alternative investments.” Prior to 2009, an alternatives emphasis had been widely credited for the sterling endowment investment returns earned by many colleges. However, with college...

In this chapter, we explore the extent to which universities and other nonprofit research institutes currently participate in the secondary market for patents. We document 220 assignments, involving a total of 544 U.S. patent assets, that appear to represent arms-length patent sales by...

This study uses a panel of NCAA Division I athletic department revenue and expenditure data from 227 public colleges and universities to empirically investigate the effects of conference realignment over the period 2006-2011. The results show that schools moving into automatic-qualifying...

University decisions can have lasting effects on students in the labor market; however, little is known about how these decisions are made. This paper develops a new framework for empirically analyzing course offerings at a sample university. The framework is based on the idea that course...

Carnegie Mellon University is a private research institution of higher education that is housed in a city that has undergone, and is still undergoing, the change from a manufacturing hub to a center of knowledge enterprise. Although colleges and universities are part of a local oligopoly, CMU is...

An extension of the existing SEPTA Broad Street Line along Roosevelt Boulevard into Northeast Philadelphia, with a terminus at Southampton Road, would provide a much‐needed increase in access to higher education within Northeast Philadelphia. Using an existing draft report on the extension, I...