An evidentiary policy paper analysing systemic fragility in UK higher education through the lens of Akerlof’s ‘lemons’ market. Examines opaque rankings and think tanks as conflicted intermediaries, and proposes fiduciary openness, ratings reform, and stress testing to safeguard systemic stability.
rankings stress-testing higher-education public-policy governance financial-markets accountability systemic-risk information-asymmetry policy-reform fiduciary-duties uk-universities epistemic-opacity think-tanks
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Updated
Aug 21, 2025