(The evolution of) post-secondary education: a computational model and experiments

Abstract

We propose a computational model to study (the evolution of) post-secondary education. ?Consumers? who differ in quality shop around for desirable colleges or universities. ?Firms? that differ in quality signal the availability of their services to desirable students. As long as they have capacity, colleges and universities make offers to students, who apply and qualify.

Keywords

• post-secondary education
• for-profit higher education providers
• computational simulations