ANALYSIS OF PRIVATE TUTORING DECISIONS IN KOREA: A GAME THEORY APPROACH

Álvaro Choi

Regional and Sectoral Economic Studies, 2010, vol. 10, issue 3

Abstract: The proliferation of private tutoring (PT) is a major issue in a growing number of countries, Korea being an extreme case. This article explores the causes and consequences of PT in Korea. PT is linked to the existence of a dual higher education system consequence of a dual labour market- through a game theory approach. Families face a situation similar to a prisoner’s dilemma. However, the models presented also show that the country’s large level of investment in PT raises questions about its aggregate efficiency and its impact on economic equality and intergenerational mobility.

Keywords: Private tutoring; educational finance; educational efficiency (search for similar items in EconPapers)
JEL-codes: I21 I22 I28 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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