MODELING THE ALLOCATION OF GRADUATE STUDENT FINANCIAL AID
研究了大学如何通过经济资助竞争优秀研究生，在满足学术标准和预算约束下最大化招生人数，并考虑了资助发放的随机性，建立了增量分配模型。
Universities have always competed with one another for the relatively small number of highly qualified students interested in graduate education. This competition has been intensified recently by adverse demographic trends. This paper is concerned with the use of financial aid awards as a means of competition and with allocation of awards so that enrollments are maximized while satisfying academic standards and budget constraints. It also considers the randomness of actual aid disbursements and develops models of incremental aid allocation that increase enrollments but are within tolerance levels for budget overruns.