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teenager and the willingness of parents to continue to house and support their daughters given their decisions. Drawing on the … work of Milgrom and Roberts (1982) and Kreps and Wilson (1982) on reputation in repeated games, we show that parents have …
Persistent link: https://www.econbiz.de/10012471097
We show that data on subjective expectations, especially on outcomes from counterfactual choices and choice probabilities, are a powerful tool in recovering ex ante treatment effects as well as preferences for different treatments. In this paper we focus on the choice of occupation, and use...
Persistent link: https://www.econbiz.de/10012458039
The choice of a college major plays a critical role in determining the future earnings of college graduates. Students … survey students about what their expected earnings would be both in the major they have chosen and in counterfactual majors …. We also elicit students' subjective assessments of their abilities in chosen and counterfactual majors. We estimate a …
Persistent link: https://www.econbiz.de/10012462922