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another possibility to combat grifting would be to have competition. another university comes up and provides the same service as the wasteful university at a s
by mishellaneous 2mo ago
another possibility to combat grifting would be to have competition. another university comes up and provides the same service as the wasteful university at a smaller cost, and thus displaces the wasteful university. the advantage is that we don't need performance measurements and similar things that can create distorted interests / be gamed (just like the proposed profit limit). that's the theory, at least
- nullc 2mo agoWho does the choosing? Today it's the students but they significantly don't pay the cost, so competition can be gamed by wasting money on student perks. This is generally a problem that comes up when the party that pays isn't the party that gets the benefit-- it breaks competition's utility for getting good results.