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Discussion Post: Stakeholders in the Higher Education Marketplace
In the field of economics, understanding decision-makers' behaviors is crucial for analyzing and predicting market outcomes. Toutkoushian and Paulsen highlight three central questions that economists often ask to better comprehend decision-making processes. The following questions are particularly relevant when examining the marketplace of higher education.
Question 1. Who are the decision makers?Question 2. What do decision-makers want to achieve?Question 3. What constraints do decision-makers face?
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