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Education--Rich Problems and Poor Markets

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  • William J. Platt

    (Stanford Research Institute, Menlo Park, California)

Abstract

Decision-makers and policy-makers in education face some options to which systems analysts and economists might make contributions. Some of these options are identified within three clusters: how much to invest in education, how to allocate that investment, and what technology and organization to use. Tuition and fees, scholarships, admissions and retention requirements, and counseling policies are viewed as policy settings that can more explicitly encourage educational flows appropriate to development objectives. Education is shown to be a dispersed and difficult "market" for research services.

Suggested Citation

  • William J. Platt, 1962. "Education--Rich Problems and Poor Markets," Management Science, INFORMS, vol. 8(4), pages 408-418, July.
    • Handle: RePEc:inm:ormnsc:v:8:y:1962:i:4:p:408-418
    DOI: 10.1287/mnsc.8.4.408
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    Cited by:

    1. Johnes, Jill, 2015. "Operational Research in education," European Journal of Operational Research, Elsevier, vol. 243(3), pages 683-696.

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