Modeling the Optimization Problem of a Public University
AbstractIn this paper, we examine the factors that influence the reputation or prestige of a public university. We develop a model of university behavior that indicates how the decisions made by university officials would be chosen in order to maximize their respective reputations. In doing so, we assume that reputation is enhanced by the quality of teaching and research produced as well as the service provided to the community in terms of the provision of publicly funded education services. We argue that the relative weights placed on these intermediate outputs may vary by university type as well as the means of producing them. Given the optimization problem of a university, a number of interesting conditions governing the policy variables chosen by the officials of public universities are obtained.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The University of Winnipeg, Department of Economics in its series Departmental Working Papers with number 2012-02.
Length: 30 pages
Date of creation: Sep 2012
Date of revision:
Contact details of provider:
Postal: 515 Portage Avenue, Winnipeg, Manitoba, R3B 2E9
Phone: (204) 786-9422
Fax: (204) 772-4183
Web page: http://economics.uwinnipeg.ca/RePEc/
More information through EDIRC
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Coates, Dennis & Humphreys, Brad R, 2002. " The Supply of University Enrollments: University Administrators as Utility Maximizing Bureaucrats," Public Choice, Springer, vol. 110(3-4), pages 365-92, March.
- Borooah, Vani K, 1994. " Modelling Institutional Behaviour: A Microeconomic Analysis of University Management," Public Choice, Springer, vol. 81(1-2), pages 101-24, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Soham Baksi).
If references are entirely missing, you can add them using this form.