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An Economic Model of Learning Styles

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  • Gervas Huxley
  • Mike Peacey

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    Abstract

    Much of the economic literature on education treats the actual process of learning as a `black box'. While these `black box' models have many interesting uses, they are of little use when a college seeks advice about reallocating resources from one input to another (e.g. from lecture hours to tutorials). Commenting on such questions requires us to `open up' the black box. In this paper, we show what one such model would look like by explicitly modelling how students vary in their `learning styles'. This model allows us to simulate how reforms to higher education would affect students with different learning styles. We consider alternative tuition fee structures and the technological change that has led to the introduction of massive open online courses (MOOCs).

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    File URL: http://www.bristol.ac.uk/cmpo/publications/papers/2014/wp319.pdf
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    Bibliographic Info

    Paper provided by Department of Economics, University of Bristol, UK in its series The Centre for Market and Public Organisation with number 13/319.

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    Length: 51 pages
    Date of creation: Feb 2014
    Date of revision:
    Handle: RePEc:bri:cmpowp:13/319

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    Related research

    Keywords: Human Capital; Education Production Function; Learning Style; Independent Learner; MOOC;

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    1. David Romer, 1993. "Do Students Go to Class? Should They?," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 167-174, Summer.
    2. Massimiliano BRATTI & Stefano STAFFOLANI, 2013. "Student Time Allocation and Educational Production Functions," Annales d'Economie et de Statistique, ENSAE, issue 111-112, pages 5.
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    7. Petra E. Todd & Kenneth I. Wolpin, 2003. "On The Specification and Estimation of The Production Function for Cognitive Achievement," Economic Journal, Royal Economic Society, vol. 113(485), pages F3-F33, February.
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    10. Bandiera, Oriana & Larcinese, Valentino & Rasul, Imran, 2009. "Heterogeneous Class Size Effects: New Evidence from a Panel of University Students," IZA Discussion Papers 4496, Institute for the Study of Labor (IZA).
    11. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-55, March-Apr.
    12. Adams, William James & Yellen, Janet L, 1976. "Commodity Bundling and the Burden of Monopoly," The Quarterly Journal of Economics, MIT Press, vol. 90(3), pages 475-98, August.
    13. Getz, Malcolm & Siegfried, John J. & Zhang, Hao, 1991. "Estimating economies of scale in higher education," Economics Letters, Elsevier, vol. 37(2), pages 203-208, October.
    14. Eric A. Hanushek, 1979. "Conceptual and Empirical Issues in the Estimation of Educational Production Functions," Journal of Human Resources, University of Wisconsin Press, vol. 14(3), pages 351-388.
    15. Gary S. Becker, 1975. "Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, 2nd ed," NBER Books, National Bureau of Economic Research, Inc, number beck75-1, octubre-d.
    16. Richard H. Thaler & Cass R. Sunstein, 2003. "Libertarian Paternalism," American Economic Review, American Economic Association, vol. 93(2), pages 175-179, May.
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