Economics · Macroeconomics

Public Provision vs Vouchers — Schooling Choice Lab

Strategy team for the Costaria Ministry of Education weighs three K-12 funding architectures (public provision, universal voucher, means-tested voucher with regulation triangle) against PISA, sorting, cost, and political feasibility — anchored in Friedman 1955, Hsieh-Urquiola 2006, Angrist-Bettinger 2002

5 rounds Executive English, Español

Preview

About this simulation

Strategy team for the Costaria Ministry of Education weighs three K-12 funding architectures (public provision, universal voucher, means-tested voucher with regulation triangle) against PISA, sorting, cost, and political feasibility — anchored in Friedman 1955, Hsieh-Urquiola 2006, Angrist-Bettinger 2002, Angrist-Cohodes et al. 2016, CREDO 2023, and Epple-Romano-Urquiola 2017.

Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 5 rounds. In each one they submit their decisions and the simulation calculates the results. The first round opens with: The Friedman framework.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Design archetype
  • Public per-pupil funding (CO$/yr)
  • Voucher value (CO$/yr — D2/D3 only)
  • Top-up fees
  • Pupil selection
  • Accountability regime

What participants track

What participants follow on screen as the rounds go by:

  • Design Levers
  • Projected outcome trajectory

Subjects covered

Designed for courses in Macroeconomics.

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