Byrd, Jennings; Roufagalas, John; Mixon, Phillip A. - 2014
education, and attempting to maximize revenue under a minimum profit constraint. Optimality conditions, based on demand … elasticities are derived. Using a dataset of 398 southeastern public two and four year higher education institutions we estimate … the price elasticity of demand for both online and traditional education. Utilizing a panel framework, we find that online …