The paper contributes to the growing and often controversial study of higher education productivity measurement. The paper clarifies core productivity ideas, and considers alternative models for productivity assessment. Results from these models are explored using data from Australian higher education. Findings reveal implications for the…

Globally, governments recognize the importance of creativity and innovation for sustainable socioeconomic development, and many invest resources to develop learning environments that foster these capacities. This paper provides a systematic framework based on Nair's "Innovation Helix" model for studying the factors of a country's…

This report is first in a series of informational briefings developed as part of "The Guardians Initiative: Reclaiming the Public Trust," an effort to educate and engage trustees as advocates on key issues in higher education. While the tone of public criticism of higher education has sharpened, public understanding about the sector's…

President Obama is right to draw attention to the soaring cost of a college education in America. However, his proposed solution will not only fail to fix the problem but is also likely to compound it by blunting the competition that is needed to shake up the world of higher education. President Obama proposes to slow tuition growth by…

Introduction: Our aim is to compare the advantages and problems of e-book acquisition identified in research literature to those experienced by two Swedish university libraries. Method: A literature review was used to identify the main issues related to acquisition of e-books by academic libraries. The data for comparison were collected through…

Hedonic models of the price of college to construct quality-adjusted net price indexes for U.S. four-year colleges were estimated. A 22 percent decline in the estimated price index is reported by adjusting for financial aid, while quality adjusting results lead to a smaller decline, for academic years 1990-91 to 1994-95.

Observes that, before 1973, determining a valuation formula for option prices was an elusive goal of financial economics. Discusses Louis Bachelier's early twentieth-century work on the problem. Notes that Bachelier derived a normal distribution for stock price movements by modeling price changes in specific way. Reviews Bachelier's option pricing…

Strategic pricing is an important and exciting topic in industrial organization and the economics of strategy. A wide range of texts use what has become a standard version of the Milgrom and Roberts (1982a) limit-pricing model to convey the essential ideas of strategic pricing under incomplete information. In addition to providing a formal, but…

It is suggested that television archives will revolutionize teaching at every level. The Television News Archive (TNA) at Vanderbilt University, which houses videotapes of selected public affairs and the networks' evening news, is described. It is the only television archive that compiles subject tapes. (MLW)

Efforts of the University of Massachusetts at Amherst illustrate the use of cost information in decision-making. The Instructional Cost Index can be used to determine the unit costs of instruction and, combined with information from an induced course load matrix system, can provide data on the costs of programs. (LBH)

In order to make rational budgetary decisions, higher educational institutions require information on the impact of inflation on their operations. A simple and easily maintainable model from which price indices for a particular institution can be constructed is described. (Author/LBH)

Considers advocates and opponents of citation analysis use in the management of academic journal collections and describes the compilation of a relational database file to model an academic journal collection. The use of citation analysis is recommended for collection management based on cost figures presented. (LRW)

A comprehensive faculty flow model developed to forecast a "committed resources index" analyzes the future flexibility of a university. The model's construction, implementation, and assessment are described. (Editor/LBH)

This paper contains a policy model for tuition discounting that avoids the major financial pitfalls encountered in the administration of institutional scholarships. The dual objective of maximizing the funded scholarship discount rate and minimizing the unfunded discount rate is explained. Marginal cost pricing is the accepted criterion for…

Computer models have greatly assisted budget planners in privately financed institutions to identify and analyze major financial problems. The implementation of such a model at Stanford University is described that considers student aid expenses, indirect cost recovery, endowments, price elasticity of enrollment, and student/faculty ratios.…