Download
Download eBook for Free
| Format | File Size | Notes |
|---|---|---|
| PDF file | 1.5 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Purchase
Purchase Print Copy
| Format | List Price | Price | |
|---|---|---|---|
| Add to Cart | Paperback46 pages | $20.00 | $16.00 20% Web Discount |
Addresses the problem of modeling students' choices among institutions of higher education. This study offers a methodological approach which obviates certain difficulties encountered in previous studies, where the primary tool of analysis has been conditional logit. A parametric model for P(j;i), the probability that student i chooses institution j is developed: the parameters of P(i;j), the distribution of student characteristics at institution j, are estimated via ordinary linear regression; Bayes' Theorem is then used to invert this. The regression models describe student ability, income, and distance from home as functions of the characteristics of chosen institutions. The approach is demonstrated with data that have been used in previous studies. The results show this model to have substantially greater predictive power than existing conditional logit models, while also being easier to use, more flexible, and less expensive to apply.
This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.