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The Economic Analysis of Universities - Strategic Groups and Positioning (Hardcover, illustrated edition)
Loot Price: R3,000
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The Economic Analysis of Universities - Strategic Groups and Positioning (Hardcover, illustrated edition)
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Higher education, especially that which is publicly funded, is
under increasing scrutiny from politicians and the public as
competition in this sector increases. Susanne Warning provides a
comprehensive analysis of the strategic positioning of public
universities as service providers in a competitive sector. The
author develops two distinct theoretical approaches to the analysis
of public universities. The first is the concept of strategic
groups, originating in management theory. It implies that due to
different returns on investment in teaching quality and research
quality, heterogeneity will exist in the university sector. The
second approach involves a three-stage duopoly game of competition
between universities, and is underpinned by the industrial
economics literature. Universities in this formal equilibrium model
of differentiation position themselves in terms of teaching and
research quality in order to attract students. Although the
analysis is based on data for German publicly funded universities,
however, the author's conclusions offer important insights for all
countries where publicly funded universities play a role,
particularly in the current climate of shifts towards more
competitive university systems. With an exclusive combination of
economic analysis and institutional data, this book will prove
invaluable for anyone with a particular interest in the economics
of higher education.
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