Fraja, Gianni De; Oliveira, Tania; Zanchi, Luisa - In: The Review of Economics and Statistics 92 (2010) 3, pp. 577-597
The efforts exerted by children, parents, and schools affect the outcome of the education process. We build this idea into a theoretical model where the effort exerted by the three groups of agents is simultaneously determined as a Nash equilibrium. The empirical analysis tests the model using...