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fertility in young adulthood. Finally, we provide evidence that school spending improves theory-of-mind in childhood. … emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven … hundred children in a variety of strategic interactions. First, we find that theory-of-mind ability and cognitive ability both …
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This essay links some of my own work on expectations, learning and bounded rationality to the inspiring ideas of Jean-Michel Grandmont. In particular, my work on consistent expectations and behavioral learning equilibria may be seen as formalizations of JMG's ideas of self-fulfilling mistakes....
Persistent link: https://www.econbiz.de/10011590425
Recent theoretical work shows that folk theorems can be developed for infiniteoverlapping generations games. Cooperation in such games can be sustained as aNash equilibrium. Besides the efficient cooperative equilibrium there is alsothe inefficient non-cooperative equilibrium. This paper...
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In this paper, we exploit a 'natural experiment' associated with human reproduction to identify the effect of teen childbearing on subsequent educational attainment, family structure, labor market outcomes and financial self-sufficiency. In particular, we exploit the fact that a substantial...
Persistent link: https://www.econbiz.de/10012471388
In this paper, we exploit a 'natural experiment' associated with human reproduction to identify the effect of teen childbearing on subsequent educational attainment, family structure, labor market outcomes and financial self-sufficiency. In particular, we exploit the fact that a substantial...
Persistent link: https://www.econbiz.de/10013239145