Heterogeneity and college choice: Latent class modelling for improved policy making
Juan de Dios Ortúzar and
Ricardo D. Paredes
Journal of choice modelling, 2019, vol. 33, issue C
The huge increase in higher education coverage in many developing countries has gone hand-in-hand with an additional supply of private colleges and with the enrolment of low to middle-class students, previously excluded from a historically elitist education segment. The larger diversity of both “suppliers and consumers”, unseen a few years ago, calls for methodological approaches that recognize heterogenous tastes and eventually, to classify individuals into mutually exclusive groups, something that can improve the design of public policy.
Keywords: College choice; Heterogeneity; Latent class logit (search for similar items in EconPapers)
JEL-codes: I21 D12 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eejocm:v:33:y:2019:i:c:s1755534519300909
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