When the transition to market economy began, there was an unsatisfied demand for business education. A supply response has occurred, but business education is still developing. The authors argue that private schools can help mobilize resources and increase the quality and accessibility of business education. Drawing on surveys covering 15…

Reviews school-choice literature, highlighting empirical studies and the role of evaluation. Discusses the welfare economics of education and provides a chronology of research milestones. Summarizes "pro" and "con" arguments, addresses efficiency/productivity questions, reviews prominent U.S. cases, and discusses how evaluation studies can assess…