IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Producing the Right Pond: Colleges as Network Creators

Listed author(s):
  • Christopher R. Makler
Registered author(s):

    In many economic contexts, especially signaling and search models, agents care about the distribution of other agents around them. Because of this, firms arise which produce neither goods nor services, but local “ponds†of agents. Such firms derive their attractiveness through the desires of their customers to be associated with each other. In order to be successful, these firms need to be able to exercise control over who their customers are. Colleges fit nicely into this category of firm because they are able to construct specific distributions of students by offering scholarships to desirable students, while charging very high prices to others. I build a simple model of price competition among such firms, deriving the demand for fellow customers from signaling and search microfoundations. The model offers predictions of how various proposed education reforms might alter the distribution of students among colleges, and provides a simple structure which may be easily adopted for the purposes of estimation

    If 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.

    File URL:
    File Function: main text
    Download Restriction: no

    Paper provided by Society for Economic Dynamics in its series 2004 Meeting Papers with number 805.

    in new window

    Date of creation: 2004
    Handle: RePEc:red:sed004:805
    Contact details of provider: Postal:
    Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA

    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:red:sed004:805. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.