A Model of University Admission and Tuition Policy
研究大学如何通过招生和学费政策最大化自身效用，考虑学生学术能力、学费对入学概率的影响，以及捐赠基金、申请人数等因素，并分析平权行动的效果。
This paper contains an analysis of the admission and tuition policy of a university that maximizes its utility, which depends on the aggregate value of its students and the endowment left for the future. Higher academic ability increases a student's value to the university, while higher tuition decreases the likelihood that an admitted application enrolls. The effects of the endowment, the number of applicants, etc., are studied both when applications differ in their academic ability only, and when applicants also differ in some other aspect, such as parental income, sex, or ethnic origin. The effects of affirmative action are considered. Copyright 1990 by The editors of the Scandinavian Journal of Economics.