Glazer, A.

worker student college district education effort incentive wealth increase tariff grant employer investment tuition journal equilibrium economic government income benefit contract policy consumption ability utility return effect voting condition university profit result constraint model consumption benefit person output erasmus universiteit rotterdam base salary evidence paper participation constraint review college education option assumption proposition districts vote interest stock options consumption benefits value study people rotterdam means-tested stock reason capital difference group government grants school bonus american consumption value disutility decrease participation organization strategy nonenvious workers uniform 2 v 0 utility loss equation function legislator salary equilibria