The Economics of Screening and Risk Sharing in Higher Education : (Record no. 51165)
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| fixed length control field | 07127nam a22005173i 4500 |
| 001 - CONTROL NUMBER | |
| control field | EBC2053981 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | MiAaPQ |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20240729123634.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
| fixed length control field | m o d | |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr cnu|||||||| |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240724s2015 xx o ||||0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9780128031919 |
| Qualifying information | (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| Canceled/invalid ISBN | 9780128031902 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (MiAaPQ)EBC2053981 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Au-PeEL)EBL2053981 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (CaPaEBR)ebr11056157 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (CaONFJC)MIL784881 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC)909368065 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | MiAaPQ |
| Language of cataloging | eng |
| Description conventions | rda |
| -- | pn |
| Transcribing agency | MiAaPQ |
| Modifying agency | MiAaPQ |
| 050 #4 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HD83 .E384 2015 |
| 082 0# - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 378.161 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Eckwert, Bernhard. |
| 245 14 - TITLE STATEMENT | |
| Title | The Economics of Screening and Risk Sharing in Higher Education : |
| Remainder of title | Human Capital Formation, Income Inequality, and Welfare. |
| 250 ## - EDITION STATEMENT | |
| Edition statement | 1st ed. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Place of production, publication, distribution, manufacture | San Diego : |
| Name of producer, publisher, distributor, manufacturer | Elsevier Science & Technology, |
| Date of production, publication, distribution, manufacture, or copyright notice | 2015. |
| 264 #4 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Date of production, publication, distribution, manufacture, or copyright notice | ©2015. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource (190 pages) |
| 336 ## - CONTENT TYPE | |
| Content type term | text |
| Content type code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media type term | computer |
| Media type code | c |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier type term | online resource |
| Carrier type code | cr |
| Source | rdacarrier |
| 505 0# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Front Cover -- The Economics of Screening and Risk Sharing in Higher Education: Human Capital Formation, Income Inequality, and Welfare -- Copyright -- Contents -- Preface -- Chapter 1: Uncertainty and Screening: Preliminary Notions -- 1.1 Information System -- Favorableness Ordering of Signals: Good News and Bad News -- 1.2 Real State and Signal Spaces -- 1.3 Informativeness Orderings -- 1.3.1 The Blackwell Criterion -- Information and Welfare -- Real State and Signal Spaces -- 1.3.2 The Kim Criterion -- 1.3.3 Uniform Signal Distribution -- Appendix to Chapter 1 -- Chapter 2: Screening Information in Equilibrium -- 2.1 Value of Information in Exchange Economies -- Null Information -- Full Information -- A Generalization of the Hirshleifer Example -- 2.2 Value of Information in Production Economies -- 2.2.1 Complete Risk Sharing Arrangements -- 2.2.1.1 Description of the Model -- 2.2.1.2 Economic Welfare -- 2.2.1.3 The Value of Information in the Absence of Risk Sharing -- 2.2.1.4 The Value of Information with Complete Risk Sharing -- 2.2.2 Incomplete Risk Sharing Arrangements -- Information and Economic Welfare -- 2.2.2.1 The Value of Information on the Nontradable Risk -- 2.2.2.2 The Value of Information on the Tradable Risk -- Appendix to Chapter 2 -- Chapter 3: Evidence on Higher Education and Economic Performance -- 3.1 Higher Education and Economic Development -- 3.2 Higher Education and Income Inequality -- 3.3 Income Inequality and Growth -- 3.4 Credit Constraints in Higher Education -- Chapter 4: Screening and Economic Growth -- 4.1 Better Screening in a Dynamic Framework -- 4.2 Description of the Framework -- 4.3 Screening in the Absence of Risk Sharing -- 4.4 Screening in the Presence of Risk Sharing -- 4.5 Concluding Remarks -- Appendix to Chapter 4 -- Chapter 5: Higher Education Financing. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | 5.1 Basic Framework with Multiple Funding Schemes -- 5.1.1 Regime I: Unrestricted Access to Credit Markets -- 5.1.2 Regime II: Unrestricted Insurance of Loans -- 5.1.3 Regime III: Restricted Insurance of Loans -- 5.1.4 Remarks on the Implementation of the Regimes -- 5.2 Human Capital Accumulation -- 5.3 Welfare Comparison -- 5.4 The Effect of Better Screening -- 5.4.1 Screening and Human Capital Formation -- 5.4.2 Screening and Welfare -- Appendix to Chapter 5 -- Chapter 6: The Role of Government in Financing Higher Education -- 6.1 Subsidizing Tuition Versus Subsidizing Student Loans -- 6.1.1 The Model -- 6.1.1.1 The Social Investment Optimum -- 6.1.1.2 Individual Behavior and Equilibrium -- 6.1.2 Exogenous Subsidization Policies -- 6.1.2.1 Subsidizing Student Loans (SL-Subsidy) -- 6.1.2.2 Subsidizing Tuition Fees (T-Subsidy) -- 6.1.2.3 Comparing the Subsidization Policies -- 6.1.3 Endogenous Subsidization Policies -- 6.1.4 Tax-Deductible Investment -- 6.1.5 Policy Implications -- 6.2 Should Diverse Funding Schemes Coexist in Higher Education? -- 6.2.1 The Model -- Funding Structure and Individual Behavior -- 6.2.1.1 Credit Funding Equilibrium (CRE) -- 6.2.1.2 Equilibrium with Funding Diversity (FDE) -- 6.2.2 Funding Structure and Social Welfare -- 6.2.3 Access Restriction to Higher Education -- 6.2.3.1 Restricted Participation FDE (RP/FDE) -- 6.2.3.2 Restricted Participation and Social Welfare -- 6.2.4 A Generalization -- 6.2.5 Policy Implications and Conclusion -- Appendix to Chapter 6 -- Chapter 7: Screening and Income Inequality -- 7.1 Inequality of Income Opportunities -- 7.1.1 Theoretical Framework -- 7.1.2 Screening and Inequality Without Risk Sharing -- 7.1.3 Screening and Inequality with Risk Sharing -- 7.2 Inequality of Income Distribution -- 7.2.1 The Framework and Assumptions -- 7.2.2 Formation of Human Capital and Income Inequality. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | 7.2.3 The Case of CEIS Preferences -- 7.2.4 Discussion and Policy Implications -- Appendix to Chapter 7 -- Bibliography -- Index. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The Economics of Screening and Risk Sharing in Higher Education explores advances in information technologies and in statistical and social sciences that have significantly improved the reliability of techniques for screening large populations. These advances are important for higher education worldwide because they affect many of the mechanisms commonly used for rationing the available supply of educational services. Using a single framework to study several independent questions, the authors provide a comprehensive theory in an empirically-driven field. Their answers to questions about funding structures for investments in higher education, students' attitudes towards risk, and the availability of arrangements for sharing individual talent risks are important for understanding the theoretical underpinnings of information and uncertainty on human capital formation. Investigates conditions under which better screening leads to desirable outcomes such as higher human capital accumulation, less income inequality, and higher economic well-being. Questions how the role of screening relates to the funding structure for investments in higher education and to the availability of risk sharing arrangements for individual talent risks. Reveals government policies that are suited for controlling or counteracting detrimental side effects along the growth path. |
| 588 ## - SOURCE OF DESCRIPTION NOTE | |
| Source of description note | Description based on publisher supplied metadata and other sources. |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Business. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Economic development. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Economic policy. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Industrialization. |
| 655 #4 - INDEX TERM--GENRE/FORM | |
| Genre/form data or focus term | Electronic books. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Zilcha, Itzhak. |
| 776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
| Relationship information | Print version: |
| Main entry heading | Eckwert, Bernhard |
| Title | The Economics of Screening and Risk Sharing in Higher Education |
| Place, publisher, and date of publication | San Diego : Elsevier Science & Technology,c2015 |
| International Standard Book Number | 9780128031902 |
| 797 2# - LOCAL ADDED ENTRY--CORPORATE NAME (RLIN) | |
| Corporate name or jurisdiction name as entry element | ProQuest (Firm) |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=2053981">https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=2053981</a> |
| Public note | Click to View |
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