Cost control, college access, and competition in higher education

Author(s)

    • Martin, Robert E.

Bibliographic Information

Cost control, college access, and competition in higher education

Robert E. Martin

Edward Elger, c2005

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Description and Table of Contents

Description

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.

Table of Contents

Contents: Foreword 1. The Social Contract 2. Foundations 3. Production and Cost 4. The Charity Market 5. An Enterprise Model 6. Price and Product Differentiation 7. College Access 8. Overview References Index

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Details

  • NCID
    BA72837130
  • ISBN
    • 1843769530
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Cheltenham
  • Pages/Volumes
    xiv, 258 p.
  • Size
    24 cm
  • Classification
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