Abstract
Economics provides reasons for both optimism and caution with school choice reform. Basic economic theory suggests that subjecting schools to market pressure in the form of parents making educational choices for their children has the potential to provide efficient matches between what parents want and what schools provide. At the same time, economics warns of the destructive effects of market failures, and markets for schools exhibit many of these failures. Moreover, even if school choice markets efficiently match students with schools, they might not create matches that people find fair or equitable. This chapter examines school choice reforms from the perspective of economics. In doing so, it argues that how policymakers navigate questions about the three interrelated principles at the core of school choice reforms—choice, autonomy, and accountability—can define the ultimate success or failure of those reforms.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
