As I mentioned, I envisioned a very small fee—perhaps $5/class. It’s hard to imagine students thinking twice about this.
Oh, in that case, maybe it’d be simpler if students just started tipping their professors. Solve for the equilibrium.
Simpler, but then a “tip” could appear to be a bribe. This way, students aren’t credibly able to promise a payment in exchange for a grade.
Oh, in that case, maybe it’d be simpler if students just started tipping their professors. Solve for the equilibrium.
Simpler, but then a “tip” could appear to be a bribe. This way, students aren’t credibly able to promise a payment in exchange for a grade.