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Download full textSIEGEL, BARRY N. – 1966
THIS PAPER DEVELOPS AN ECONOMIC THEORY OF INSTITUTIONS OF HIGHER EDUCATION (IHE) FROM WHICH IT MIGHT BE POSSIBLE TO EXTRACT A THEORY OF ENROLLMENT SUPPLY. SUCH A THEORY MUST DIFFER RADICALLY FROM THE THEORY OF THE BUSINESS FIRM BECAUSE OF TWO KEY ASSUMPTIONS WHICH CANNOT BE MADE ABOUT THE IHE--PROFIT MAXIMIZATION AND A PRODUCTION FUNCTION WHICH…
Descriptors: Admission Criteria, Economic Research, Educational Demand, Educational Facilities
