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What Do Cost Functions Tell Us about the Cost of an Adequate Education?
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Costrell, Robert; Hanushek, Eric; Loeb, Susanna – Peabody Journal of Education, 2008
Econometric cost functions have begun to appear in education adequacy cases with greater frequency. Cost functions are superficially attractive because they give the impression of objectivity, holding out the promise of scientifically estimating the cost of achieving specified levels of performance from actual data on spending. By contrast, the…
Descriptors: Costs, Cost Effectiveness, Regression (Statistics), Program Costs
Operating Ratios and Institutional Characteristics Affecting the Responsiveness of Black Colleges and Universities to Professional Allied Health Programs.
Holmes, Everlena M.; Andrew, Loyd D. – 1982
Factors that affect the implementation of professional allied health education programs were studied at 64 four-year black colleges and universities that had no such programs before 1975-76. By 1980, six of the institutions had implemented these programs. Twenty-seven operating ratios and seven institutional characteristics were analyzed, based on…
Descriptors: Allied Health Occupations Education, Black Colleges, Expenditures, Financial Support
Labor Market Experiment.
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Haupert, Michael J. – Journal of Economic Education, 1996
Describes a class experiment where students search a hypothetical job market for jobs paying wages in a known range but with an unknown wage distribution. The experiment is divided into three "trials", each one introducing different variables (unemployment insurance, search costs, and recession). Includes experiment instructions and a…
Descriptors: Business Cycles, Competitive Selection, Costs, Economics Education