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Revealed Preferences of Business Students at a Major State University

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  • Larry A. Cox
  • Aurore J. Kamssu

Abstract

ABSTRACT: Business schools are facing a rapidly changing environment as new technology and alternative delivery systems erode barriers of time and place. The authors analyze the practices for determining curricula and courses offered by a major state university's business school and conclude that the school operates as a command economy. Such a structure produces artificial demand for some courses and obfuscates the measurement of true student preferences. The authors propose that, at least for full‐capacity courses, enrollment should be replaced as a demand measure by one based on attempts to enroll. The authors' demand measure provides significantly different results from the traditional enrollment measure. The authors' results also provide insight into the relative preferences of students for different courses at the business school and the factors affecting these preferences, with some positive implications for the risk management and insurance discipline.

Suggested Citation

  • Larry A. Cox & Aurore J. Kamssu, 2000. "Revealed Preferences of Business Students at a Major State University," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 3(1), pages 81-97, March.
    • Handle: RePEc:bla:rmgtin:v:3:y:2000:i:1:p:81-97
    DOI: j.1540-6296.2000.tb00018.x
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    References listed on IDEAS

    as
    1. Nancy Bell & Mimi Wolverton, 1998. "What Employers Look For In Hiring Insurance Professionals," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 1(2), pages 117-123, January.
    2. Steven M. Cassidy & Robert A. Marshall & Christine Hollman, 1998. "Future Directions In Undergraduate Insurance Education: Academic And Real World Perspectives," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 2(1), pages 89-96, July.
    Full references (including those not matched with items on IDEAS)

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