discrete stochastic dynamics of income inequality in education an applied stochastic model and a case study离散随机动力学的收入不平等在教育应用随机模型和案例研究.pdfVIP

Hindawi Publishing Corporation Discrete Dynamics in Nature and Society Volume 2007, Article ID 71742, 15 pages doi:10.1155/2007/71742 Research Article Discrete Stochastic Dynamics of Income Inequality in Education: An Applied Stochastic Model and a Case Study Ahmet Kara Received 26 January 2007; Accepted 31 July 2007 This paper develops a model for the discrete stochastic dynamics of economic inequality- induced outcomes in education and demonstrates, in the context of the Turkish higher education sector, that higher incomes lead to higher performance levels; and hence in- come inequality matters. The paper formulates a stochastic subsidy policy that could help the sector to escape the low performance equilibria, and that could stabilize the sector at relatively higher performance levels. Copyright © 2007 Ahmet Kara. This is an open access article distributed under the Cre- ative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 1. Introduction In recent years, there has been a renewed interest in education, which has led to a num- ber of interesting works, among which are (Dahlgaard et al. [ 1, 2], Kanji et al. [3, 4], ¨ Desimone [5], Pike [6], Fethke [7], Goffe and Sosin [8], Ellis [9], Hayrinen-Alestalo and Peltola [10], Johnes [11], Marginson [12] and Leonard [13]. These works represent only a subset of the service sector literature which includes a rich spectrum of works such as Parasuraman et al. [14– 16], Oliver and Swan [17], Carman [18], Babakus and Boller [19], Cronin and Taylor [20, 21], Boulding et al. [22] and Rust and Zahorik [23], Teas [24], Yavas et al. [25], Bolton and Lemon [26], Dasu and Rao [27], Caruana et al. [28], Koerner [29], Lee et al. [30], Rust et al. [31], Kara and Kurtulmus¸ [32], Kara et al. [33], Kara et al. [34]