Policy Seminars
Speaker: Bentley MacLeod |
Columbia |
Topic: |
Date/Place/Time: Friday, February 5, 2010 at 1:30PM-3:00PM UCLA Anderson Cornell Hall D307 |
Abstract: Friedman (1962) argued that a free market in which schools compete based upon their reputation would lead to an efficient supply of educational services. This paper explores this issue by building a tractable model in which rational individuals go to school and accumulate skill valued in a perfectly competitive labor market. To this it adds one ingredient:
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Link to paper (if available): Click here for paper |