Pricing and Optimum Size in a Nonprofit Institution: The University

Two of the more obvious topics of interest to the economist who has lost his head over what we shall call the knowledge-producing firm are pricing and the closely related question of what we mean when we speak of the optimum size of this firm. The bulk of this paper is limited to an informal discuss...

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Bibliographic Details
Published in:The American economic review 1968-05, Vol.58 (2), p.270-283
Main Author: Jenny, Hans H.
Format: Article
Language:English
Subjects:
Colleges
Colleges & universities
Economic costs
Economic resources
Economic theory
Economics education
Endowments
Higher education
Nonprofit organizations
Organization theory
Private colleges
Problems in Pricing and Growth
School enrollment
Student costs
Studies
Tuition
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Summary:Two of the more obvious topics of interest to the economist who has lost his head over what we shall call the knowledge-producing firm are pricing and the closely related question of what we mean when we speak of the optimum size of this firm. The bulk of this paper is limited to an informal discussion of but a few aspects of the overall problem delineated by these two topics.
ISSN:0002-8282
1944-7981