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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/10010416773
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/10010418036
We argue that once we take into account the students’ rational enrollment decisions, mismatch in the sense that the … student’s choice of school. This necessary condition for mismatch provides the basis for a new test. The test is implemented … information that is a statistically significant predictor of students’ post-enrollment academic performance. Further, this private …
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