Showing 1 - 10 of 243
Investors systematically deviate from rationality when making financial decisions, yet the mechanisms responsible for these deviations have not been identified. Using event-related fMRI, we examined whether anticipatory neural activity would predict optimal and suboptimal choices in a financial...
Persistent link: https://www.econbiz.de/10005556666
We study search behavior in a generalized "secretary problem" environment in which consumers search sequentially for the best alternative from a known and finite set of multi-attribute alternatives. In contrast to most previous studies, we make no distributional assumptions about the quality of...
Persistent link: https://www.econbiz.de/10005408222
large numbers of students, or other practices that cast doubt on the sustainability or exportability of their techniques …
Persistent link: https://www.econbiz.de/10005407681
strategy as well as a regression discontinuity analysis, I find that the threatened schools tended to focus more on students … expense of higher performing students. Second, consistent with incentives, they focused mostly on writing rather than reading … not much evidence of relative reclassification of low performing students in to special education categories exempt from …
Persistent link: https://www.econbiz.de/10005412471
This paper deals with the optimality of teacher incentive contracts in the presence of costly or limited government resources. It considers educational production under asymmetric information as a function of teacher effort and class size. In the presence of costly government resources and...
Persistent link: https://www.econbiz.de/10005076924
This study estimates the effect of expanding enrollment possibilities in early eduction on the achievement of young children. To do so it exploits two features of the Dutch schooling system. First, children are allowed to enroll in school on their fourth birthday. Second, children having their...
Persistent link: https://www.econbiz.de/10005561531
-fold increase in the number of private schools and almost a four-fold increase in the number of choice students. Moreover, due to …
Persistent link: https://www.econbiz.de/10005125880
sorting where private schools can screen students. However, the publicly funded U.S. voucher programs require private schools … to accept all students unless oversubscribed and to pick students randomly if oversubscribed. This paper focuses on two …
Persistent link: https://www.econbiz.de/10005125900
The Education Reform Program launched in the mid-1990s by the Government of Bolivia had important accomplishments, particularly by increasing the coverage of primary education. However, the high rates of coverage observed at national level conceal the inequality in the distribution of schooling...
Persistent link: https://www.econbiz.de/10005134614
Upon observing a signal, a Bayesian decision maker updates her probability distribution over the state space, chooses an action, and receives a payoff that depends on the state and the action taken. An information structure determines the set of possible signals and the probability of each...
Persistent link: https://www.econbiz.de/10005550947