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Preference Formation, School Dissatisfaction and Risky Behavior of Adolescents

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Author Info

  • Louis Lévy-Garboua

    ()
    (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne, CIRANO - Centre interuniversitaire de recherche en analyse des organisations - UQAM - Université du Québec à Montréal)

  • Youenn Loheac

    ()
    (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne)

  • Bertrand Fayolle

    (TEAM - Université Paris I - Panthéon-Sorbonne)

Abstract

School dissatisfaction is an important component of the subjective well-being of adolescents associated with "risky behavior" like drug use, unprotected sex, norm violations and illegal behavior. We extend the standard human capital model to joint human investment (education) and disinvestment (risky behavior). Based on this model, we develop a general dynamic framework to analyze the preference formation of children and behavioral change at school. Once an educational norm is set by adults, children can rationally deviate from this norm, while staying at school, after experiencing bad surprises like a school failure. The same type of dynamic equation can be used in a sequence to predict education, satisfaction with school, and a host of risky behavior. We test these assumptions with a unique panel data set on American adolescents attending middle or high school. School dissatisfaction is found to have a significant positive effect upon nine different types of risky behavior.

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Bibliographic Info

Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00203187.

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Date of creation: Feb 2006
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Publication status: Published, Journal of Economic Psychology, 2006, 27, 1, 165-183
Handle: RePEc:hal:cesptp:halshs-00203187

Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00203187
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Related research

Keywords: Education; Satisfaction; Risky behavior; Preference formation; Economic behavior of children;

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References

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  1. Louis Lévy-Garboua & Claude Montmarquette & Véronique Simonnet, 2007. "Job Satisfaction and Quits," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00203158, HAL.
  2. Jacob M. Markman & Eric A. Hanushek & John F. Kain & Steven G. Rivkin, 2003. "Does peer ability affect student achievement?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 18(5), pages 527-544.
  3. Louis Lévy-Garboua & Claude Montmarquette, 1997. "Reported Job Satisfaction: What Does It Mean?," CIRANO Working Papers, CIRANO 97s-09, CIRANO.
  4. Alejandro Gaviria & Steven Raphael, 2001. "School-Based Peer Effects And Juvenile Behavior," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 257-268, May.
  5. Clark, Andrew E. & Oswald, Andrew J., 1996. "Satisfaction and comparison income," Journal of Public Economics, Elsevier, Elsevier, vol. 61(3), pages 359-381, September.
  6. Louis Lévy-Garboua & Claude Montmarquette, 1996. "Cognition in Seemingly Riskless Choices and Judgments," CIRANO Working Papers, CIRANO 96s-01, CIRANO.
  7. James J. Choi & David Laibson & Brigitte C. Madrian & Andrew Metrick, 2003. "Optimal Defaults," American Economic Review, American Economic Association, American Economic Association, vol. 93(2), pages 180-185, May.
  8. Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
  9. repec:hal:journl:halshs-00203197 is not listed on IDEAS
  10. repec:hal:journl:halshs-00203158 is not listed on IDEAS
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Cited by:
  1. Charlotte Cabane & Andrew Clark, 2011. "Childhood sporting activities and adult labour-market outcomes," Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne 11052, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  2. Stephen Gibbons & Olmo Silva, 2009. "School quality, child wellbeing and parents' satisfaction," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 23654, London School of Economics and Political Science, LSE Library.
  3. Green, Colin P. & Navarro-Paniagua, María & Ximénez-de-Embún, Domingo P. & Mancebón, María-Jesús, 2014. "School choice and student wellbeing," Economics of Education Review, Elsevier, Elsevier, vol. 38(C), pages 139-150.
  4. Carlsen, Fredrik & Langset, Bjørg & Rattsø, Jørn & Stambøl, Lasse, 2009. "Using survey data to study capitalization of local public services," Regional Science and Urban Economics, Elsevier, Elsevier, vol. 39(6), pages 688-695, November.

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