University Dropout Problems and Solutions

Frequent non-completion in optional education can be e¢ cient if dropouts optimally exercise an option rationally foreseen by previous enrollment choices. This paper shows that in educational opportunities and groups of students where enrollment resolves more pronounced individual uncertainty both enrollment and dropout are higher, with ambiguous degree completion effects, and educational outcomes are unambiguously better in expectation and on average.

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Year of publication:	2021
Authors:	Bertola, Giuseppe
Publisher:	Munich : Center for Economic Studies and Ifo Institute (CESifo)
Subject:	option value \| higher education

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Series:	CESifo Working Paper ; 8880
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1748136232 [GVK] hdl:10419/232477 [Handle] RePec:ces:ceswps:_8880 [RePEc]
Classification:	I22 - Educational Finance ; I28 - Government Policy
Source:	EconStor

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