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Heterogeneity and college choice: Latent class modelling for improved policy making

Alejandro Schmidt, Juan de Dios Ortúzar and Ricardo D. Paredes

Journal of choice modelling, 2019, vol. 33, issue C

Abstract: 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)
Date: 2019
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DOI: 10.1016/j.jocm.2019.100185

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