This paper develops a model of risky investment in education under disappointment aversion, modelled as loss aversion … around one's endogenous expectation. The model shows that disappointment aversion reduces the optimal investment in education … generated by the riskiness of education. Policies aimed at influencing students' expectations can reduce early dropout. …

difference in favor of father's education over mother's education. …

's education levels. To account for this, Ashenfelter and Rouse (1998) provided two reports of each twin's education level. One is … (2016)), to show this may be enough information to identify the underlying true education level without requiring additive … measurement errors. The estimated returns to education are shown to be either the same or below the IV estimates presented in …

of peer effect we restrict to no-child-adult-peers who completed their education much before the children in our sample …

The work defences the thesis that even ensured equal opportunities to invest in education and to get better life, even …

data from Turkey and leveraging an education reform which increased mandatory schooling by three years, we find that the …

difference in favor of father´s education over mother's education. …

Without doubt modern education in statistics must involve practical, computer-based data analysis but the question … arises whether and how computational elements should be integrated into the canon of methodological education. Should the … courses?In this paper we address these questions and discuss where e-techniques have their limits in statistics education …