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Shopping for Schools

How Do Marginal Consumers Gather Information About Schools

Bibliographic Data

ID6328124
AuthorsJack Buckley, Mark Schneider (0000-0002-8385-345X)
Year2003
Volume31
Issue2
Pages121-145
Publication date2003-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolicy Studies Journal (JOURNAL)
Journal identifiersISSN: 0190-292X • E-ISSN: 1541-0072
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1541-0072.t01-1-00008
OpenAlexW2135325318
LanguageEN
Citations received22
References cited69

The theory of the marginal consumer holds that a subset of better informed consumers can create a globally more efficient market through their purchase decisions. In the market for education created by recent school choice initiatives, these “market mavens” are essential to the successful functioning of the choice system given the empirically documented low quantity and quality of information possessed by the average consumer. Little is known, however, about the differences between how marginal consumers and average consumers of education search for information and make decisions about their children's schooling

Advertising · Business · Consumer information · Economics · Marginal cost · Marginal utility · Microeconomics · Quality (philosophy · School choice · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · School Choice and Performance · Marketing

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Unique citing works22
Citations per year1,1
Citation span2006 - 2025 (20)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 22

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