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Books > Business & Economics > Economics > Economic theory & philosophy
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Cost Control, College Access, and Competition in Higher Education (Hardcover)
Loot Price: R3,387
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Cost Control, College Access, and Competition in Higher Education (Hardcover)
Expected to ship within 12 - 19 working days
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Quality has never been more important for the future of higher
education and the economy than it is today. Unfortunately, the
decline in student quality is accompanied by costs that are out of
control, a governance system that will not permit any reallocation
of resources, and a society that expects higher education to
address problems that are well beyond its core competencies. In
this timely volume, Robert E. Martin presents a thorough treatment
of the social contract between those who fund higher education and
those who benefit from it. In-depth discussions include: * the
institution's role as steward of the higher education social
contract * the role of transaction costs, risk bearing, production
technology, and asset ownership in determining the internal
structure of the institution * the market for academic charities *
price, quality, and advertising competition in higher education.
Formal models of production and cost, optimal fundraising, the
maximization of academic reputation, agency behavior, and the
student's enrollment decision are also presented and analyzed. Cost
Control, College Access, and Competition in Higher Education will
be of great interest to higher education researchers and
administrators, economists, and public policymakers.
General
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