Effects of region on the establishment of public higher education prices in the US: Indications of possible suboptimal equilibria?
研究发现区域是美国各州公立高等教育价格的重要影响因素,即使控制其他已知因素后仍显著,且价格与高等教育历史发展相关,可能反映了隐含博弈导致的次优学费均衡。
Using well-defined notions of region, panel data, and an econometric approach suited to estimating parameter coefficients on time-invariant regressors, this study finds that region is a highly influential factor for state-level public higher education prices even after controlling for other well-known drivers. Additionally, prices track the historical development of higher education in the US. Based on the history of higher education and regional norms, these estimates may be evidence of suboptimal tuition and fee equilibria resulting from implicit gaming. Substantively, a greater awareness of these historical and competitive forces and their effects on the cost of public higher education can be a substantial resource for policy-makers, institutional decision-makers, and researchers alike.