Research " EXTERNAL AUDITOR'S EVALUTIONS OF INTERNAL : A CONJOINT MEASURRMENT APPROACH "

EXTERNAL AUDITOR'S EVALUTIONS OF INTERNAL : A CONJOINT MEASURRMENT APPROACH When we add concern for peer group to the three-district market, there is substantially more potential for mis-sortings than even in the ten-district case. The gap in peer quality between adjacent districts has grown substantially, and families therefore require a much larger μ return to justify a move from one district to another whose current residents are lower in the x distribution. Indeed, with the parameter values used here, there is no allocation of x terciles to districts in which any family would willingly move to a lowerx district; all six of the possible permutations are...