This paper studies the impact of the first Italian Research Evaluation Exercise (VTR 2001-2003) on university undergraduate students' enrolment choices. A before-after estimator with differential treatment intensities is used to investigate whether subject-group higher education institutions...

Building upon some education studies finding that cooperative behaviour in class yields better achievements among students, this paper presents a simple model showing that free riding incentives lead to an insufficient degree of cooperation between schoolmates, which in turn decreases the...