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Competition in Higher Education

Author

Listed:
  • Kaganovich, Michael

    (Indiana University)

  • Sarpca, Sinan

    (Koc University)

  • Su, Xuejuan

    (University of Alberta, Department of Economics)

Abstract

The structure and functioning of the market of higher education in the United States possess distinctive if not puzzling features such as the wide spectrum of institutional arrangements and sources of funding, stark segmentation in levels of selectivity and instructional resources, and high variance in tuition pricing across and within institutions, including price discrimination based on merit and ability to pay. At the same time, many fundamental questions, including what defines the quality of higher education and explains its (growing) cost continue to be debated. The Chapter surveys theoretical analyses addressing this range of issues.

Suggested Citation

  • Kaganovich, Michael & Sarpca, Sinan & Su, Xuejuan, 2020. "Competition in Higher Education," Working Papers 2020-3, University of Alberta, Department of Economics.
    • Handle: RePEc:ris:albaec:2020_003
    as

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    File URL: https://sites.ualberta.ca/~econwps/2020/wp2020-03.pdf
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    References listed on IDEAS

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    Cited by:

    1. Dennis Epple & Richard Romano & Sinan Sarpça & Holger Sieg, 2013. "The U.S. Market for Higher Education: A General Equilibrium Analysis of State and Private Colleges and Public Funding Policies," NBER Working Papers 19298, National Bureau of Economic Research, Inc.

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    More about this item

    Keywords

    Higher Education; Competition; Theories;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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