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Systém vysokých škol s procedurální racionalitou agentů / University System with Procedural Rationality of Agents [available in Czech only]

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Author Info
Tomáš Cahlík () (Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic)
Jana Marková () (Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic)

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Abstract

The impact of different financing alternatives on dynamic model of the university system is analysed in this paper. Model is agent – based, the reason is that we analyze a system of heterogenous universities instead of a representative university. Heterogeneity of universities is not in strategies they follow but in basic parameters – for example their size. In the model we implicitly assume procedural rationality – either because of bounded rationality or shortage of relevant information. Each university in each period reacts according to simple rules on the difference between the number of applicants and its capacity. In simulation experiments we analyze the impact of three financing alternatives: only tuition fees, combination of tuition fees and government subsidies and only subsidies. Basic result is that the behaviour of models in different situations differs with the financing alternatives and it would be an oversimplification to generalize that some of the financing alternatives is always the best.

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Publisher Info
Paper provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its series Working Papers IES with number 95.

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Length: 14 pages
Date of creation: 2005
Date of revision: 2005
Handle: RePEc:fau:wpaper:wp095

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Find related papers by JEL classification:
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
D0 - Microeconomics - - General

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