This study empirically estimates a multiple-product fixed total cost function and output relationship for liberal arts colleges in the United States. Statistical results based on data for 295 private liberal arts colleges suggest that there are both economies of scale and economies of scope in...

This paper utilizes a simultaneous equation model to explain the relationship between state appropriation and the level of tuition at higher educational public institutions. Statistical results based on data from 47 continental states of the US indicate that tuition depends upon state...

This study attempts to build and estimate a model that explains the behavior of the supply of and demand for education at liberal arts colleges in the United States. The statistical analysis based on 1990-1991 data for 338 private liberal arts institutions suggests that a perfectly competitive...