Caner, Asena; Okten, Cagla - In: Economics of Education Review 29 (2010) 6, pp. 1060-1075
In this paper, we examine the college major choice decision in a risk and return framework using university entrance exam data from Turkey. Specifically we focus on the choice between majors with low income risk such as education and health and others with riskier income streams. We use a unique...