The band marches on... but with fewer resources

Kathy Parkison

International Advances in Economic Research, 1997, vol. 3, issue 3, 288-298

Abstract: Consumers have split preferences for education between the types of education services that they would like to experience and the types of educational services that they want for others using the system. The primary or secondary educational institution acts as a complete agent to provide services in an environment where a smaller group of taxpayers actually funds the institution. The taxpaying group has split preferences for the funding of these services. The budget is endogenous and depends on the choices of educational services offered by the institution. The focus is, therefore, on the division of the budget of the institution between knowledge-based activities and spillover activities. Educational institutions emphasize the knowledge-based activities and the spillover activities are left underfunded. Copyright International Atlantic Economic Society 1997

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1007/BF02294915 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:iaecre:v:3:y:1997:i:3:p:288-298:10.1007/bf02294915

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11294

DOI: 10.1007/BF02294915

Access Statistics for this article

International Advances in Economic Research is currently edited by Katherine S. Virgo

More articles in International Advances in Economic Research from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().