Within the European Space for Higher Education, Universities have become a highly competitive market, where Erasmus students are highly involved in their choices, where they trade off benefits and costs. This paper aims to understand the... more
Within the European Space for Higher Education, Universities have become a highly competitive market, where Erasmus students are highly involved in their choices, where they trade off benefits and costs. This paper aims to understand the factors that influence Erasmus student’s value perception as a trade-off between costs and benefits in their choices of this academic experience. Results on a sample of 200 students from 20 Universities show the role of functional, social and emotional values along with costs of time and effort in the formation of the value of an Erasmus experience. In particular, the results show that social and emotional are the aspects that students valued most, and they consider that the Erasmus experience enriches their studies and enables them to boost their self-confidence, while also including some functional aspects such as the fact that doing an international program in Higher Education Institutions (HEIs) makes it possible for them to find a job in the fu...
