The Economics Of Screening And Risk Sharing In Higher Education(1st Edition)
Authors:
Bernhard Eckwert, Itzhak Zilcha
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Book details
ISBN: 0128031913, 9780128031919
Book publisher: Academic Press
Book Price $0 : The Economics of Screening and Risk Sharing in Higher Education by Bernhard Eckwert and Itzhak Zilcha delves into the intricate mechanisms of economic decision-making and policy formulation within the context of higher education. This seminal work explores the complexities of screening processes used by educational institutions to select students, as well as the risk-sharing arrangements that impact student financing and affordability. The authors examine the role of information asymmetries and market imperfections within these systems, providing a thorough analysis that offers a solution manual for policymakers looking to optimize educational outcomes and resource allocation. A detailed table of contents guides readers through topics such as incentive-based design, statistical methods in screening, and the economics of student loans. By evaluating different policy designs, the book offers a comprehensive answer key for improving educational access and equity. Eckwert and Zilcha’s rigorous examination presents both theoretical insights and practical applications, making it an invaluable resource for economists and educators alike. As a pivotal contribution to the field, this book has been well-received for its innovative approaches in addressing efficiency and equity in higher education economics, enriching the literature with its methodical blending of economic theory with real-world educational systems. It stands as a crucial compendium for understanding the balance of risk and information in educational economics. Contextually related topics include educational financing models, policy innovation, institutional analysis, economic theory application, and the interplay of market forces in education.
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