Price collusion or competition in US higher education
Bibliographic Data
| ID | 4097141 |
|---|---|
| Authors | Jiafeng Gu (0000-0002-5904-0897), Gu Jiafeng (Peking University, corresponding author) |
| Year | 2015 |
| Volume | 40 |
| Issue | 2 |
| Pages | 253-277 |
| Publication date | 2015-02-07 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Studies in Higher Education (JOURNAL) |
| Journal identifiers | ISSN: 0307-5079 • E-ISSN: 1470-174X |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/03075079.2013.823929 |
| OpenAlex | W2086579011 |
| Language | EN |
| Citations received | 5 |
| References cited | 66 |
How geographical neighboring competitors influence the strategic price behaviors of universities is still unclear because previous studies assume spatial independence between universities. Using data from the National Center for Education Statistics college navigator dataset, this study shows that the price of one university is spatially autocorrelated to its neighboring competitors and such neighborhood structure induces cooperation Nash equilibrium in a spatial price game. In the spatial price game of universities the possibility of the cooperation solution is about 76%, while that of the defeat solution is about 24%. This study demonstrates that the relation between price difference and geographical distance of universities is an inverse U-shaped curve rather than a line
Collusion · Competitor analysis · Econometrics · Economic growth · Economics · Higher education · Management · Microeconomics · Nash equilibrium · Preference · Rivalry · Statistics · Experimental Behavioral Economics Studies · Game Theory and Applications · Mathematics · Wine Industry and Tourism
The theory of industrial organization
The Complexity of Cooperation: Agent-Based Models of Competition and Collaboration
Spatial Econometrics
GeoDa
Notes on Continuous Stochastic Phenomena
In Search of Homo Economicus
Notes on Continuous Stochastic Phenomena
Status Signals
Economic Action and Social Structure
Rigging the price for higher education
Individual Demand for Higher Education
Monitoring and Reputation
Individual Demand for Higher Education
Student Price Response in Higher Education
Higher Education, Commercial Criteria and Economic Incentives
Policy Watch
Tuition Rising
Network Forms of Organization
A Status-Based Model of Market Competition
Real and imagined barriers to college entry
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,63 |
| Citation span | 2018 - 2026 (9) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 5 |