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Overconfidence seems to be an essential aspect of human nature, and one way to study overconfidence is to consider students' forecasts of their exam grades. Part of a student's grade expectation is based on the student's previous academic achievements; what remains can be interpreted as...
Persistent link: https://www.econbiz.de/10011688320
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of ignorance. We pair portfolio and wealth distribution choice problems which have a common budget set. For a given bundle, the distribution over an individual's wealth is the same...
Persistent link: https://www.econbiz.de/10011928322
This paper uses a relatively new approach to investigate the effect of parents' schooling on child's schooling; a nonparametric bounds analysis based on Manski and Pepper (2000), using the most recent version of the Wisconsin Longitudinal Study. We start with making no assumptions and then add...
Persistent link: https://www.econbiz.de/10011376535
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The birth order literature emphasizes the role of parental investments in explaining why firstborns have higher human capital outcomes than their laterborn siblings. We use birth order as a proxy for investments and interact it with genetic endowments. Exploiting only within-family variation in...
Persistent link: https://www.econbiz.de/10012404209
number of children are twins at last birth and the sex mix of the first two children. The effect of birth order is identified … estimated effects confound birth order with family size. No significant effect of the number of children on educational … between children from higher or lower educated parents. Also the age gap between children does not affect the effect of birth …
Persistent link: https://www.econbiz.de/10011348358
This paper studies the effect of multigrading-mixing children of different ages in the same classroom-on students …
Persistent link: https://www.econbiz.de/10013165008
,417,460 individuals from 1,341,403 families born in the Netherlands between 1966 and 1995. Comparisons between parents and their children …
Persistent link: https://www.econbiz.de/10014380703
We analyze sequential Dutch and Vickrey auctions where risk averse, or risk preferring, bidders may have heterogeneous risk exposures. We derive and characterize a pure strategy equilibrium of both auctions for arbitrary number of identical objects. A sufficient, and to certain extent necessary,...
Persistent link: https://www.econbiz.de/10010421803