An evolutionary game model of HEI and graduate aligning postgraduate expansion with sustainable development
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View abstract on PubMed
Summary
This summary is machine-generated.Higher education institutions (HEIs) and graduates face employment challenges due to postgraduate expansion. Individual decisions can lead to collectively suboptimal outcomes, impacting sustainable development.
Area Of Science
- Economics
- Game Theory
- Higher Education Policy
Background
- China's postgraduate enrollment expansion presents employment challenges for graduates.
- Strategic interactions between higher education institutions (HEIs) and graduates are critical.
Purpose Of The Study
- To investigate the strategic dynamics between HEIs and graduates using an evolutionary game model.
- To analyze decision drivers for both stakeholders: Education Opportunity Cost Premium (EOCP) for graduates and Return on Expansion Policy (RREP) for HEIs.
Main Methods
- Construction of an evolutionary game model involving HEIs and graduates.
- Introduction of novel parameters: EOCP and RREP.
- Analysis of system path dependency and sensitivity to initial conditions.
Main Results
- The system is bistable with two equilibria: 'conservative coordination' (Not Expand, Employ) and 'progressive coordination' (Expand, Enroll).
- Outcomes are highly sensitive to initial conditions, demonstrating significant path dependency.
- Graduate strategies are driven by EOCP; HEI strategies are driven by RREP.
Conclusions
- Individually rational decisions can lead to collectively suboptimal outcomes, challenging sustainable development.
- Findings highlight implications for educational equity.
- A collaborative university-industry-government framework is proposed to align postgraduate expansion with sustainable development goals.
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