Analysis for a Sort of Higher Education Cost from the View at Constrain of Cobb-Douglas Function

DOI

10.2991/978-94-6463-034-3_124How to use a DOI?

Keywords

higher education; optimization model; quadratic cost function

Abstract

The problem of higher education cost has attracted extensive attention from the government and academia. On the basis of fully considering reality restrain condition of shortage of funds and talents, we put forward an optimization model for university running efficiency under limited fund, where we taking quadratic cost function as the objective function and taking Cobb-Douglas production function as the constraint condition for the financial support of colleges and universities. By using Lagrange multiplier function, we have obtained the optimal solution of this optimization model, and bring forth a proposal to improve the efficiency of colleges and universities.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Bo-zun Yu
AU  - Ming-xia Lu
PY  - 2022
DA  - 2022/12/23
TI  - Analysis for a Sort of Higher Education Cost from the View at Constrain of Cobb-Douglas Function
BT  - Proceedings of the 2022 3rd International Conference on Big Data and Informatization Education (ICBDIE 2022)
PB  - Atlantis Press
SP  - 1205
EP  - 1211
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-034-3_124
DO  - 10.2991/978-94-6463-034-3_124
ID  - Yu2022
ER  -