Education Finance and Imperfections in Information

Article Abstract:

The efficient allocation of educational resources is examined in an Arrowtype discrimination model. Income contingent loans are found to be the preferred financing of education given endogenous imperfect market information. Misallocation of educational resources is amelirated.

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Broadening the scope of school finance and resource comparability litigation

Article Abstract:

The author discusses the resource comparability movement, which attempts to ensure greater fiscal equity for minority students through school finance litigation. Topics include the federal law of comparability and maintaining racial and ethnic integration as a priority.

States, School integration

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Asymmetric information and product differentiation

Article Abstract:

Information asymmetry may not cause any distortion in product differentiation. Information signaling has a non-negligible impact on strategic behavior.

Evaluation, Product differentiation

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