University Dropout Problems and Solutions

Giuseppe Bertola

No 15749, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Frequent non-completion in optional education can be efficient 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 effects, 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: 2021-02
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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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