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Timing is Everything: Evidence from College Major Decisons

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  • Richard W. Patterson
  • Nolan G. Pope
  • Aaron Feudo

Abstract

People rely on their experiences when making important decisions. In making these decisions, individuals may be significantly influenced by the timing of their experiences. Using administrative data, we study whether the order in which students are assigned courses affects the choice of college major. We use a natural experiment at the United States Military Academy in which students are randomly assigned to certain courses either during or after the semester in which they are required to select their college major. We find that when students are assigned to a course in the same semester as they select a major, they are over 100 percent more likely to choose a major that corresponds to that course. Despite low switching costs, approximately half of the effect persists through graduation. Our results demonstrate that the timing of when students are assigned courses has a large and persistent effect on college major choice. We explore several potential mechanisms for these results and find that students' initial major choice best fits a framework we develop that incorporates salience and availability. Furthermore, our results suggest that once students select a major, they are less likely to switch majors than the standard model of economic choice predicts. Instead, students' decision to remain in a major is more consistent with status quo bias.

Suggested Citation

  • Richard W. Patterson & Nolan G. Pope & Aaron Feudo, 2019. "Timing is Everything: Evidence from College Major Decisons," CESifo Working Paper Series 7448, CESifo.
  • Handle: RePEc:ces:ceswps:_7448
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    Cited by:

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    2. Felipe Arteaga & Adam J Kapor & Christopher A Neilson & Seth D Zimmerman, 2022. "Smart Matching Platforms and Heterogeneous Beliefs in Centralized School Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 137(3), pages 1791-1848.
    3. Insler, Michael & Rahman, Ahmed S. & Smith, Katherine, 2021. "Tracking the Herd with a Shotgun — Why Do Peers Influence College Major Selection?," IZA Discussion Papers 14412, Institute of Labor Economics (IZA).
    4. Serena Canaan & Antoine Deeb & Pierre Mouganie, 2022. "Adviser Value Added and Student Outcomes: Evidence from Randomly Assigned College Advisers," American Economic Journal: Economic Policy, American Economic Association, vol. 14(4), pages 151-191, November.
    5. Christopher Neilson & Felipe Arteaga & Adam Kapor & Seth Zimmerman, 2021. "Smart Matching Platforms and Heterogeneous Beliefs in Centralized School ChoiceSmart Matching Platforms and Heterogeneous Beliefs in Centralized School Choice," Working Papers 650, Princeton University, Department of Economics, Industrial Relations Section..
    6. Leighton, Margaret & Speer, Jamin D., 2023. "Rich Grad, Poor Grad: Family Background and College Major Choice," IZA Discussion Papers 16099, Institute of Labor Economics (IZA).
    7. Speer, Jamin D., 2023. "Bye bye Ms. American Sci: Women and the leaky STEM pipeline," Economics of Education Review, Elsevier, vol. 93(C).

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    More about this item

    Keywords

    availability; college major;

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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