Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/159731 
Year of Publication: 
2013
Series/Report no.: 
Quaderni - Working Paper DSE No. 892
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
In this paper we develop a model in which students choose their university coursework based on both investment and consumption incentives. We show that these education decisions are socially inefficient. This result is driven by the fact that students do not consider an externality in the working environment of acquiring education for investment purposes. We show when and how it is possible to design tuition fees in such a way that students acquire the socially optimal level of education.
JEL: 
D62
H21
I21
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
384.47 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.