there's really competition here? Or, more specifically, I guess, are we
sure that there's actually competition on quality not just on price? My
understanding is that the process of allocation is left to the states and
has turning into essentially a pure bidding war.
Competition on price plays into most things, but at those times where it's
the only factor the results are usually not better. Next time you need a
new roof just hire the cheapest guy you can find and see if you stay dry in
the rain. ;^)
Basically I'm just not sure how "good" the process is that decides the fates
of these schools and it seems like it may vary dramatically from state to
state. Also I'm not sure, at least as we're beginning this process, if
there are reliable ways to determine the quality of a bidder. In any new
industry it takes some time to determine how to determine quality. Could,
at this early stage, we just be getting the Edsels of the commercial
teaching crop?
If there's no good, agreed upon way to judge the participants then
competition will produce results no better than chance.
Jim Davis
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