The Economics of Screening and Risk Sharing in Higher Education: Human Capital Formation, Income Inequality, and Welfare - Brossura

Eckwert, Bernhard; Zilcha, Itzhak

 
9780128031902: The Economics of Screening and Risk Sharing in Higher Education: Human Capital Formation, Income Inequality, and Welfare

Sinossi

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.

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Informazioni sugli autori

Prof. Dr. Bernhard Eckwert is chair of the Economics Department at Bielefeld University. He has published on the theory of capital markets, the economics of information, and endogenous growth in journals such as European Economic Review, Economica, and the Journal of Economic Dynamics and Control

Itzhak Zilcha works on problems in human capital, growth, and income distribution; the economics of information; and the economics of insurance. He has published his research in the Journal of Economic Dynamics and Control, Economica, and the Journal of Public Economic Theory, among others.

Dalla quarta di copertina

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.

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