Revenue theory of cost
id:
revenue-theory-of-cost-234-9148868
title:
Revenue theory of cost
text:
The revenue theory of cost, also referred to as Bowen's law or Bowen's rule, is an economic theory explaining the financial trends of American universities. It was formulated by American economist Howard R. Bowen (1908–1989), who served as president of Grinnell College, the University of Iowa, and the Claremont Graduate School. The theory posits that costs at universities are almost entirely a function of revenue: universities raise as much money as they possibly can and then spend nearly the en
brand slug:
wiki
category slug:
encyclopedia
description:
Economic theory of universities
original url:
https://en.wikipedia.org/wiki/Revenue_theory_of_cost
date created:
date modified:
2023-09-27T02:30:55Z
main entity:
{"identifier":"Q111948340","url":"https://www.wikidata.org/entity/Q111948340"}
image:
fields total:
13
integrity:
14