In this note, we provide a very simple mathematical model for analyzing the effect of economic sanctions on quality of students who decide to emigrate from a country which has economic sanction exposure. Our model's results suggest that applying decisions for foreign universities are based on quality of students but probability of economic sanctions as well as its costs have great impact on this decision. Furthermore, the model provides results which are consistent with empirical findings especially the positive relationship between cost of emigration and quality of applying students.
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Minnesota State Univ, Coll Business, Dept Accounting & Business Law, Hall 150, Morris, MN 150 USAMinnesota State Univ, Coll Business, Dept Accounting & Business Law, Hall 150, Morris, MN 150 USA
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Univ Missouri, East Asian Studies, 444 Strickland Hall, Columbia, MO 65211 USAUniv Missouri, East Asian Studies, 444 Strickland Hall, Columbia, MO 65211 USA
Shin, Geiguen
Choi, Seung-Whan
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Univ Illinois, Dept Polit Sci, Chicago, IL USAUniv Missouri, East Asian Studies, 444 Strickland Hall, Columbia, MO 65211 USA
Choi, Seung-Whan
Luo, Shali
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Univ Missouri, Columbia, MO 65211 USAUniv Missouri, East Asian Studies, 444 Strickland Hall, Columbia, MO 65211 USA
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SUNY Buffalo, Dept Polit Sci, Buffalo, NY USASUNY Buffalo, Dept Polit Sci, Buffalo, NY USA
McLean, Elena, V
Whang, Taehee
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Yonsei Univ, Dept Polit Sci & Int Studies, 307-1,Bldg 511,Yonhee Hall,50 Yonsei Ro, Seoul 03722, South KoreaSUNY Buffalo, Dept Polit Sci, Buffalo, NY USA
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Stockholm Univ, Dept Phys Geog, Stockholm, Sweden
Yale Univ, Dept Polit Sci, New Haven, CT 06520 USA
Yale Univ, MacMillan Ctr Int & Area Studies, New Haven, CT 06520 USAStockholm Univ, Dept Phys Geog, Stockholm, Sweden