Why Can't a College be More Like a Firm?
A sophisticated and widespread intuition is supported by our experience with business firms. And it is confirmed, influenced, and expanded by the formal microeconomic analysis of those firms and their markets. This paper asks if that theory and intuition are helpful for understanding colleges and universities and the higher education “industry.”
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- Charles T. Clotfelter & Michael Rothschild, 1993. "Studies of Supply and Demand in Higher Education," NBER Books, National Bureau of Economic Research, Inc, number clot93-1, July.
- Philip J. Cook & Robert H. Frank, 1993. "The Growing Concentration of Top Students at Elite Schools," NBER Chapters, in: Studies of Supply and Demand in Higher Education, pages 121-144 National Bureau of Economic Research, Inc.
- Charles T. Clotfelter, 1996. "Buying the Best: Cost Escalation in Elite Higher Education," NBER Books, National Bureau of Economic Research, Inc, number clot96-1, July.
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