Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/28443
Authors: 
Adnett, Nick
Davies, Peter
Year of Publication: 
2000
Series/Report no.: 
FiBS-Forum 5
Abstract: 
Analyses of market-based reforms of state schooling have occasionally acknowledged positional elements in parental demand, but none has fully examined their nature and implications. Contrary to the normal predictions of orthodox economic analysis, competition in positional markets can result in inefficient outcomes. Predominantly relying upon recent British experience, we examine the extent to which compulsory schooling can be viewed as a positional good and explore its implica-tions for policy. In particular, we consider whether policies targeting increases in parental choice assist a rise in the overall level of educational attainment.
Subjects: 
schooling choice
educational markets
positional good
status competition
JEL: 
I20
I28
D11
Document Type: 
Working Paper

Files in This Item:
File
Size
133.64 kB





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