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The purpose of this paper is to formulate and study a game where there is a player who is involved for a long time interval and several small players who stay in the game for short time intervals. Examples of such games abound in practice. For example a Bank is a long-term player who stays in...
Persistent link: https://www.econbiz.de/10010255679
We show how frictions and continuous transfers jointly affect equilibria in a model of matching in trading networks. Our model incorporates distortionary frictions such as transaction taxes, bargaining costs, and incomplete markets. When contracts are fully substitutable for firms, competitive...
Persistent link: https://www.econbiz.de/10012212204
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We study a structural model of college admissions framed as a contest between a continuum of students for enrollment in … a continuum of colleges where the contest outcome is decided by the students' choice of human capital (HC). Students … students, and means-tested affirmative action (AA). An AA ban would result in a large migration of minority students out of the …
Persistent link: https://www.econbiz.de/10012951191
Persistent link: https://www.econbiz.de/10003311104
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Women are currently the majority of U.S. college students and of those receiving a bachelor%u2019s degree, but were 39 … at first marriage for college graduate women rose by 2.5 years in the 1970s, allowing them to be more serious students …
Persistent link: https://www.econbiz.de/10013244125
Women are currently the majority of U.S. college students and of those receiving a bachelor's degree, but were 39 … first marriage for college graduate women rose by 2.5 years in the 1970s, allowing them to be more serious students. The …
Persistent link: https://www.econbiz.de/10012466516
The new status of money -- Prestige, money, and the ends of higher education -- Learning for dollars -- Humanities and the market-model university -- The destruction of reading -- Means and ends, signs and symbols -- Packaging ethics -- Leading the self into the world -- Science, art, and...
Persistent link: https://www.econbiz.de/10002213982
In identifying whether universities provide opportunities for low-income students, there is a measurement challenge …: different institutions face students with different incomes and preparation. We show how a hypothetical university's “relevant … pool”–the students from whom it could plausibly draw–affects popular measures: the Pell share, Bottom Quintile share, and …
Persistent link: https://www.econbiz.de/10012893992