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Bouchard St-Amant, Pier-André; Brabant, Alexis-Nicolas; Germain, Éric – Canadian Journal of Higher Education, 2020
This paper analyzes the incentives induced by a formula to fund universities based primarily on enrolment. Using a simple game theoretical framework, we argue that the strategic behaviour induced by those formulas is to favour enrollment. We further argue that if the funding value differs by enrolment type, it introduces incentives to substitute…
Descriptors: Funding Formulas, Higher Education, Foreign Countries, Educational Policy