A Mathematical Framework for Understanding Continuum Effects of Budget Fluctuations on a University
نویسندگان
چکیده
As a large part of most state budgets, public universities are tempting targets of budget cuts. Using the theory of diffusion of innovation, we build a mathematical framework that allows us to simulate the continuum effects of such budget cuts. This technique of mathematical modeling can provide insights into the mechanisms that affect the beneficial impact of the university. Such insights are difficult to obtain from standard economic impact studies.
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