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Title: Equilibrium Tuition, Applications, Admissions and Enrollment in the College Market
Resulting in 1 citation.
1. Fu, Chao
Equilibrium Tuition, Applications, Admissions and Enrollment in the College Market
Ph.D. Dissertation, Department of Economics, University of Pennsylvania, 2010.
Also: https://repository.upenn.edu/edissertations/153/
Cohort(s): NLSY97
Publisher: University of Pennsylvania
Keyword(s): College Cost; College Enrollment; Colleges

Permission to reprint the abstract has not been received from the publisher.

I develop and structurally estimate an equilibrium model of the college market. Students, who are heterogeneous in both abilities and preferences, make college application decisions, subject to uncertainty and application costs. Colleges observe only noisy measures of student ability and set up tuition and admissions policies to compete for more able students. The model incorporates tuition, applications, admissions and enrollment as the joint outcome from a subgame perfect Nash equilibrium. I estimate the structural parameters of the model using the NLSY 97 data, via a three-step estimation procedure to deal with potential multiple equilibria.
Bibliography Citation
Fu, Chao. Equilibrium Tuition, Applications, Admissions and Enrollment in the College Market. Ph.D. Dissertation, Department of Economics, University of Pennsylvania, 2010..