Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

An Introduction to the Economics of Fake Degrees

Gilles Grolleau, Tarik Lakhal and Naoufel Mzoughi
Journal of Economic Issues
Vol. 42, No. 3 (Sep., 2008), pp. 673-693
Published by: Taylor & Francis, Ltd.
Stable URL: http://www.jstor.org/stable/25511352
Page Count: 21
  • More info
  • Cite this Item
An Introduction to the Economics of Fake Degrees
Preview not available

Abstract

This paper critiques the multifarious ways whereby academic qualifications may be falsified in the international marketplace. The objectives are fourfold: (1) defining the main terms used such as fake degrees and diploma mills; (2) providing a brief history of fake degrees and identifying the factors that explain their recent development; (3) developing a theoretical framework to analyze fake degrees; and (4) exploring the costs and benefits of this activity and its net impact on a given society. Degrees serve instrumental and ceremonial purposes. It is argued that degree holders may be considered as members of a club. They confer to their holders excludable but non-rival property rights such as abilities, signaling and status. The paper contends that holders of fake degrees can be considered as "free riders" on these property rights, especially the status tied to legitimate degrees.

Page Thumbnails

  • Thumbnail: Page 
673
    673
  • Thumbnail: Page 
674
    674
  • Thumbnail: Page 
675
    675
  • Thumbnail: Page 
676
    676
  • Thumbnail: Page 
677
    677
  • Thumbnail: Page 
678
    678
  • Thumbnail: Page 
679
    679
  • Thumbnail: Page 
680
    680
  • Thumbnail: Page 
681
    681
  • Thumbnail: Page 
682
    682
  • Thumbnail: Page 
683
    683
  • Thumbnail: Page 
684
    684
  • Thumbnail: Page 
685
    685
  • Thumbnail: Page 
686
    686
  • Thumbnail: Page 
687
    687
  • Thumbnail: Page 
688
    688
  • Thumbnail: Page 
689
    689
  • Thumbnail: Page 
690
    690
  • Thumbnail: Page 
691
    691
  • Thumbnail: Page 
692
    692
  • Thumbnail: Page 
693
    693