The Impact of University Deregulation on Curriculum Choice
AbstractMany European universities face demands to provide excellent education and to enrol more students at the same time. With scarce financial resources policy makers concentrate on regulations (especially admission policies, tuition fees, and the introduction of competition) to meet the different objectives. This paper analyses the curriculum choices of universities in different regulatory regimes. Universities benefit from the value of the human capital of their graduates. Students are risk-averse. They differ with respect to ability. The deregulation of tuition fees sets an incentive for universities to account for students' preferences. Complete deregulation induces a hierarchical stratification of ex-ante identical universities.
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Bibliographic InfoPaper provided by Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim in its series Working Papers of the Research Group Heterogenous Labor with number 04-17.
Length: 26 pages
Date of creation: 27 Sep 2004
Date of revision:
Higher Education ; Education Policy ; University Competition ; Tuition Fees ; Admission Standards;
Find related papers by JEL classification:
- I28 - Health, Education, and Welfare - - Education - - - Government Policy
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
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