Research "MARKETING HIGHER EDUCATION: APPLYING A CONSUMPTION VALUE MODEL TO COLLEGE CHOICE"
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MARKETING HIGHER EDUCATION: APPLYING A CONSUMPTION VALUE MODEL TO COLLEGE CHOICE Chapter One develops this idea and implements tests of the hypothesis that school effectiveness is an important determinant of residential choices among local-monopoly school districts. I model a Tiebout-style housing market in which house prices ration access to desirable schools, which may be desirable either because they are particularly effective or because they enroll a desirable set of students. I develop observable implications of these two hypotheses for the degree of stratification of student test scores across schools, and I look for evidence of these implications in data on the joint distribution of student characteristics and...
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