2004
DOI: 10.1007/1-4020-2835-0_4
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Transparency and Quality in Higher Education Markets

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Cited by 76 publications
(48 citation statements)
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“…The problem is caused by a well-known weakness of markets in higher education. In the higher education sector, quality and cost-efficiency of education can be ensured through a market only if there is transparent information about learning outcomes (see Dill and Soo 2004). Measuring quality of education and learning outcomes is a great challenge in higher education.…”
Section: Discussionmentioning
confidence: 99%
“…The problem is caused by a well-known weakness of markets in higher education. In the higher education sector, quality and cost-efficiency of education can be ensured through a market only if there is transparent information about learning outcomes (see Dill and Soo 2004). Measuring quality of education and learning outcomes is a great challenge in higher education.…”
Section: Discussionmentioning
confidence: 99%
“…Some of them have been experimenting with market-type mechanisms to force their institutions to compete via outstanding performance for both students and funding through fees and a research grant (Dill & Soo, 2004). Furthermore, government flow grant to institutions where performance manifested, with good research output and high placement in ranking (Altbach & Balan, 2007).…”
Section: Introductionmentioning
confidence: 99%
“…In those market situations, the fear on the demand side may lead to a failure of transactions taking place (as in the classic Akerloff's model of the market for used cars in the US -see Akerloff (1970)), since higher education is normally considered an experience good and that means that candidates need to take a decision without having full knowledge about its educational option. As Dill and Soo (2004) have extensively analysed, the higher education market is particularly vulnerable to those informational failures and that affects negatively the trust that potential candidates have about institutions and vice-versa. Hence, the existence of publicized and reliable assessments of each program and institution helps both applicants but also institutions to know from where the applicants are coming from.…”
Section: Drivers For Further Market Integration In the Eheamentioning
confidence: 99%