University Dropout Problems and Solutions
Giuseppe Bertola
No 8880, CESifo Working Paper Series from CESifo
Abstract:
Frequent non-completion in optional education can be e¢ cient if dropouts optimally exercise an option rationally foreseen by previous enrollment choices. This paper shows that in educational opportunities and groups of students where enrollment resolves more pronounced individual uncertainty both enrollment and dropout are higher, with ambiguous degree completion e¤ects, and educational outcomes are unambiguously better in expectation and on average.
Keywords: option value; higher education (search for similar items in EconPapers)
JEL-codes: I22 I28 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-edu
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Citations: View citations in EconPapers (3)
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Related works:
Journal Article: University dropout problems and solutions (2023) 
Working Paper: University Dropout Problems and Solutions (2022) 
Working Paper: University Dropout Problems and Solutions (2021) 
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_8880
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