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The Economics of Screening and Risk Sharing in Higher Education

Human Capital Formation, Income Inequality, and Welfare

1st Edition - April 21, 2015

Authors: Bernhard Eckwert, Itzhak Zilcha

Language: English
Paperback ISBN:
9 7 8 - 0 - 1 2 - 8 0 3 1 9 0 - 2
eBook ISBN:
9 7 8 - 0 - 1 2 - 8 0 3 1 9 1 - 9

The Economics of Screening and Risk Sharing in Higher Education explores advances in information technologies and in statistical and social sciences that have significa… Read more

The Economics of Screening and Risk Sharing in Higher Education

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The Economics of Screening and Risk Sharing in Higher Education explores advances in information technologies and in statistical and social sciences that have significantly improved the reliability of techniques for screening large populations. These advances are important for higher education worldwide because they affect many of the mechanisms commonly used for rationing the available supply of educational services. Using a single framework to study several independent questions, the authors provide a comprehensive theory in an empirically-driven field. Their answers to questions about funding structures for investments in higher education, students’ attitudes towards risk, and the availability of arrangements for sharing individual talent risks are important for understanding the theoretical underpinnings of information and uncertainty on human capital formation.