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Extending research on organizational learning to multi-product environments is of particular importance given that the vast majority of products are manufactured in such environments. We investigate learning in a multi-product facility drawing on exceptionally rich data for a manufacturing firm...
Persistent link: https://www.econbiz.de/10010714169
We develop a general equilibrium model of the market for undergraduate higher education that captures the coexistence of public and private colleges, the large degree of quality differentiation among them, and the tuition and admission policies that emerge from their competition for students....
Persistent link: https://www.econbiz.de/10010822012
The analysis of educational vouchers has evolved from market-based analogies to models that incorporate distinctive features of the educational environment. These distinctive features include peer effects, scope for private school pricing and admissions based on student characteristics, the...
Persistent link: https://www.econbiz.de/10010822973
We study the political economy of state limitations on the taxing powers of local governments, investigating the effects of such restriction on housing markets, community composition, and types of taxes and expenditures undertaken by local governments. We characterize equilibrium when voters...
Persistent link: https://www.econbiz.de/10008565926
We consider the problem of integrating spatial amenities into locational equilibrium models with multiple jurisdictions. We provide sufficient conditions under which models that assume a single housing price in each community continue to apply in the presence of location-specific amenities that...
Persistent link: https://www.econbiz.de/10008576680
We develop a new model of household sorting in a system of residential neighborhoods. We show that this model is partially identified without imposing parametric restrictions on the distribution of unobserved tastes for neighborhood quality and the shape of the indirect utility function. The...
Persistent link: https://www.econbiz.de/10008683647
We develop and estimate a structural model of charter school entry. In this model, charter schools offer an alternative to neighborhood public schools. In the model’s first stage, the potential entrant chooses his/her physical location and characteristics based on the perceived opportunities...
Persistent link: https://www.econbiz.de/10011081282
Two significant challenges hamper the analyses of the collective choice of educational vouchers. One is the multi-dimensional choice set arising from the interdependence of the voucher, public education spending, and taxation. Second, even absent a voucher, preferences over public spending are...
Persistent link: https://www.econbiz.de/10011117656
Persistent link: https://www.econbiz.de/10005394914
Persistent link: https://www.econbiz.de/10005396566