Title :
The Non-market Value Assessment in E-Learning
Author :
Yang, Lei ; Zhang, Xiaopeng
Author_Institution :
Sch. of Bus. Adm., South China Univ. of Technol., Guangzhou
Abstract :
The amount of capital investment made by Chinese government on e-learning is on the rise annually. The value generated from these investments has attracted the great attention in the entire society. However, e-learningpsilas output values often exist as a form of non-market values with uncertainty and there are few evaluation methods at present. It is important to find an effective and reasonable approach to e-learning value assessment. In this paper, the features of e-learning as a kind of public product are analyzed, and a general economic model of userspsila WTP (willingness to pay) is set up on the basis of alternation between traditional processes in education and e-learning then a brand new non-market value estimation method and its operational procedures are brought up . Finally, a case of WTP on e-recourse pools is given.
Keywords :
computer aided instruction; educational administrative data processing; capital investment; e-learning value assessment; e-recourse pools; nonmarket value assessment; nonmarket value estimation method; Computer science education; Educational products; Electronic learning; Environmental economics; Government; Information processing; Information technology; Investments; Particle measurements; Uncertainty;
Conference_Titel :
Information Processing (ISIP), 2008 International Symposiums on
Conference_Location :
Moscow
Print_ISBN :
978-0-7695-3151-9
DOI :
10.1109/ISIP.2008.14