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We develop a decentralized Bayesian model of college admissions with two ranked colleges, heterogeneous students and … two realistic match frictions: students find it costly to apply to college, and college evaluations of their applications … is uncertain. Students thus face a portfolio choice problem in their application decision, while colleges choose …
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This paper examines whether university endowment managers think only in terms of the assets they manage, or also take into account background income, the other flows of income to the university. Specifically, we test whether the level and variability of a university's background income (e.g.,...
Persistent link: https://www.econbiz.de/10013021017
Medien, Politiker und Universitätsmitglieder stellen die Frage, ob die deutschen öffentlichen Universitäten in der Lage sein werden, die zukünftigen Veränderungen ihrer Umwelt und des Marktes, insbesondere beim wachsenden Wettberb um Drittmittel, zu bewältigen. Als Lösungsansatz werden...
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