How can naivete about present bias persist despite experience? To answer this question, our experiment investigates … the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our … in experimentation and a failure to activate self-regulation mechanisms. …

learning model. The first section develops a dynamic model combining asset accumulation and learning to explain the parents … child’s ability. The model infers that, with enough time spent learning, information can improve parents’ welfare. This can … investigates college saving behavior when learning is present. Data suggest pessimistic and/or rich parents might reduce the level …

reference group. In a novel experiment, I vary whether or not members of a reference group obtain relative performance …