An Economic Appraisal of MOOC Platforms: Business Models and Impacts on Higher Education

Jacqmin, Julien; belleflamme, paul

doi:10.1093/cesifo/ifv016

Request a copy

Article (Scientific journals)

An Economic Appraisal of MOOC Platforms: Business Models and Impacts on Higher Education

Jacqmin, Julien; belleflamme, paul

2016 • In CESifo Economic Studies, 62 (1), p. 148-169

Peer reviewed

Permalink
https://hdl.handle.net/2268/190694

DOI
10.1093/cesifo/ifv016

Files (1)Send to Details Statistics Bibliography Similar publications

Files

Full Text

CESifoPBJJ.pdf

Publisher postprint (256.62 kB)

Request a copy

All documents in ORBi are protected by a user license.

Send to

RIS BibTex APA Chicago Permalink X Linkedin

Details

Keywords :

MOOCs; distance learning; multisided platforms

Abstract :

[en] We use various economic and pedagogical concepts to understand the specificities of MOOC (Massive Online Open Courses) platforms. We discuss how the private provision of MOOCs can be sustained. Using the theory of multisided platforms, we analyze five ways to monetize the MOOC business. We then claim that MOOC platforms can play a key transformative role in the higher education sector by making teaching practices evolve, rather than by replacing incumbent institutions. Finally, we derive a number of directions for public policy

Research center :

LCII - Liège Competition and Innovation Institute - ULiège

Disciplines :

Economic systems & public economics
Education & instruction
Business & economic sciences: Multidisciplinary, general & others

Author, co-author :

Jacqmin, Julien ; Université de Liège > HEC-Ecole de gestion : UER > Economie politique et finances publiques

belleflamme, paul; Université Catholique de Louvain - UCL

Language :

English

Title :

An Economic Appraisal of MOOC Platforms: Business Models and Impacts on Higher Education

Publication date :

January 2016

Journal title :

CESifo Economic Studies

ISSN :

1610-241X

eISSN :

1612-7501

Publisher :

Oxford University Press, Oxford, United Kingdom

Volume :

Issue :

Pages :

148-169

Peer reviewed :

Peer reviewed

Additional URL :

http://cesifo.oxfordjournals.org/content/early/2015/08/07/cesifo.ifv016.full

Available on ORBi :

since 09 January 2016

Statistics

Number of views

96 (8 by ULiège)

Number of downloads

2 (1 by ULiège)

More statistics

Scopus citations^®

Scopus citations^®
without self-citations

OpenCitations

Bibliography

Acemoglu, D., Laibson, D., List, J., Equalizing Superstars: The Internet and the Democratization of Education (2014) American Economic Review: Papers and Proceedings, 104, pp. 523-527
Ainsworth, S., The Functions of Multiple Representations (1999) Computers and Education, 33, pp. 131-152
Baumol, W.J., Bowen, W.G., Performing Arts: The Economic Dilemma (1966) Twentieth Century Fund, , New York, NY
Bettinger, E., Loeb, S., Taylor, E., (2014) Remote but Influential: Peer Effects and Reflection in Online Higher Education Classrooms, , Center for Education Policy Analysis working paper, Stanford University
Bloom, B.S., The 2 Sigma Problem: The Search for Methods of Group Instruction as Effective as One-to-One Tutorings (1984) Educational Researcher, 13, pp. 4-16
Bonaccorsi, A., Daraio, C., Simar, L., Advanced Indicators of Productivity of Universities. An Application of Robust Nonparametric Methods to Italian Data (2006) Scientometrics, 66, pp. 389-410
Bouguen, A., Gurgand, M., (2012) Randomized Controlled Experiments in Education, p. 11. , European Expert Network on Economics of Education, EENE analytical report No
Bowen, W., Chingos, M., Lack, K., Nygren, T., Interactive Learning Online at Public Universities: Evidence from a Six-campus Randomized Trial (2014) Journal of Policy Analysis and Management, 33, pp. 94-111
Breneman, D.W., Pusser, B., Turner, S.E., (2006) Earnings from Learning: The Rise of For-Profit Universities, , State University of New York Press, Albany
Cantillon, B., De Ridder, A., Vanhaecht, E., Verbist, G., (Un)Desirable Effects of Output Funding for Flemish Universities (2011) Economics of Education Review, 30, pp. 1059-1072
Carrier, L.M., Cheever, N.A., Rosen, L.D., Benitez, S., Chang, J., Multitasking Across Generations: Multitasking Choices and Difficulty Ratings in Three Generations of Americans (2009) Computers in Human Behavior, 25, pp. 483-489
Combéfis, S., Bibal, A., Van Roy, P., Recasting a Traditional Course Into a MOOC by Means of a SPOC (2014) Proceedings of the European MOOCs Stakeholders Summit 2014 (Lausanne, Suisse), pp. 205-208
Dellarocas, C., Van Alstyne, M., Money Models for MOOCs (2013) Communications of the ACM, 56, pp. 25-28
Deming, D.J., Goldin, C., Katz, L.F., Yuchtman, N., Can Online Learning Bend the Higher Education Cost Curve? (2015) American Economic Review, 105, pp. 496-501
Deslauriers, L., Schelew, E., Wieman, C., Improved Learning in a Wide-enrollment Physics Class (2011) Science, 332, pp. 862-864
Downes, S., Models for Sustainable Open Educational Resources (2007) Interdisciplinary Journal of Knowledge and Learning Objects, 3, pp. 29-44
Eisenberg, A., Keeping an Eye on Online Test-takers (2013) TheNew York Times, , March 3, 2013
Evans, D.S., (2011) Platform Economics: Essays on Multi-Sided Businesses, , Competition Policy International
Evans, D., Schmalensee, R., Industrial Organization of Markets with Two-sided Platforms (2007) Competition Policy International, p. 3
Figlio, D., Rush, M., Yin, L., Is it Live or is it Internet? Experimental Estimates of the Effects of Online Instruction on Student Learning (2013) Journal of Labor Economics, 31, pp. 763-784
Gaebel, M., MOOCs Massive Open Online Courses (2013) EUA Occasional Papers, , European University Association: Brussels
Glance, D., Forsey, G., Riley, M., The Pedagogical Foundations of Massive Open Online Courses (2013) First Monday, p. 18
Hansmann, H.B., The Role of Nonprofit Enterprise (1980) The Yale Law Journal, 89, pp. 835-901
Hansmann, H.B., The Evolving Economic Structure of Higher Education (2012) The University of Chicago Law Review, 79, pp. 159-183
Hollands, F.M., Tirthali, D., MOOCs: Expectations and Reality (2014) Technical Report, , Teachers College, Columbia University
Holmstrom, B., Milgrom, P., Multitask Principal-agent Analyzes: Incentive Contracts, Asset Ownership, and Job Design (1991) Journal of Law, Economics and Organization, 7, pp. 24-52
Hoxby, C., The Economics of Online Postsecondary Education: MOOCs, Nonselective Education, and Highly Selective Education (2014) American Economic Review: Papers and Proceedings, 104, pp. 522-528
Jacqmin, J., (2014) The Emergence of for-Profit Higher Education Institutions, , MPRA Paper 59299. University Library of Munich, Munich, Germany
Jansen, D., Schuwer, R., Institutional MOOC Strategies in Europe (2015) Status Report Based on a Mapping Survey Conducted in October-December 2014. Mimeo, , EADTU, Heerlen, The Netherlands
Justman, M., Thisse, J.F., Implications of the Mobility of Skilled Labor for Local Public Funding of Higher Education (1997) Economics Letters, 55, pp. 409-412
Karpicke, J.D., Roediger, H.L., The Critical Importance of Retrieval for Learning (2008) Science, 319, pp. 966-968
Lerner, J., Tirole, J., Some Simple Economics of Open Source (2002) Journal of Industrial Economics, 50, pp. 197-234
Levin, J.D., The Economics of Internet Markets (2013) Advances in Economics and Econometrics, , D. Acemoglu, M. Arellano and E. Dekel, eds, Cambridge University Press, Cambridge
(2007) Giving Knowledge for Free: The Emergence of Open Educational Resources, , OECD Publishing, Paris, France
Pennebaker, J.W., Gosling, S.D., Ferrell, J.D., Daily Online Testing in Large Classes: Boosting College Performance While Reducing Achievement Gaps (2013) PLoS One, 8, p. e79774
Rochet, J.C., Tirole, J., Platform Competition in two-sided Markets (2003) Journal of the European Economic Association, 1, pp. 990-1029
Rochet, J.C., Tirole, J., Two-sided Markets: A Progress Report (2006) RAND Journal of Economics, 37, pp. 645-667
Roediger, H.L., Karpicke, J.D., Test-enhanced Learning Taking Memory Tests Improves Long-term Retention (2006) Psychological Science, 17, pp. 249-255
Schlotter, M., Schwerdt, G., Woessmann, L., Econometric Methods for Causal Evaluation of Education Policies and Practices: A Non-technical Guide (2011) Education Economics, 19, pp. 109-137
Staton, M., The Degree is Doomed (2014) Harvard Business Review Blog Network, , http://blogs.hbr.org/2014/the-degree-is-doomed/, January 8
Sursock, A., Smidt, H., Davies, H., (2010) Trends 2010: A Decade of Change in European Higher Education, 1. , European University Association, Brussels
The Maturing of the MOOC: Literature Review of Massive Open Online Courses and Other Forms of Online Distance Learning (2013) BIS Research Paper no. 130, , Department for Business, Innovation and Skills, London, UK
Winston, G., Zimmerman, D., Peer Effects in Higher Education (2004) College Choices: The Economics of Where to Go, When to Go, and How to Pay for it, pp. 395-424. , C. M. Hoxby, ed., University of Chicago Press, Chicago