Preference Formation, School Dissatisfaction and Risky Behavior of Adolescents

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Preference Formation, School Dissatisfaction and Risky Behavior of Adolescents

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Louis Lévy-Garboua () (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I, CIRANO - Centre interuniversitaire de recherche en analyse des organisations - Université du Québec à Montréal, EEP-PSE - Ecole d'Économie de Paris - Paris School of Economics - Ecole d'Économie de Paris)
Youenn Loheac () (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I)
Bertrand Fayolle (TEAM - Université Paris I)

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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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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00203187_v1.

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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_v1

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Article
- Levy-Garboua, Louis & Loheac, Youenn & Fayolle, Bertrand, 2006. "Preference formation, school dissatisfaction and risky behavior of adolescents," Journal of Economic Psychology, Elsevier, vol. 27(1), pages 165-183, February. [Downloadable!] (restricted)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Clark, Andrew E. & Oswald, Andrew J., 1996. "Satisfaction and comparison income," Journal of Public Economics, Elsevier, vol. 61(3), pages 359-381, September. [Downloadable!] (restricted)
Other versions:
- Andrew E. Clark and Andrew J. Oswald, . "Satisfaction and Comparison Income," Economics Discussion Papers 419, University of Essex, Department of Economics.
- Clark, Andrew E. & Oswald, Andrew J., 1994. "Satisfaction and comparison income," CEPREMAP Working Papers (Couverture Orange) 9408, CEPREMAP.
Levy-Garboua, L. & Montmarquette, C., 1996. "Cognition in Seemingly Riskless Choices and Judgments," Cahiers de recherche 9602, Universite de Montreal, Departement de sciences economiques. [Downloadable!]
Other versions:
- Louis Lévy-Garboua & Claude Montmarquette, 1996. "Cognition in Seemingly Riskless Choices and Judgments," CIRANO Working Papers 96s-01, CIRANO. [Downloadable!]
- Levy-Garboua, L. & Montmarquette, C., 1995. "Cognition in Seemingly Riskless Choices and Judgments," Papiers du Laboratoire de MicroÃÂ©conomie AppliquÃÂ©e 1995-04, UniversitÃ© PanthÃ©on-Sorbonne (Paris 1).
- Levy-Garboua, L. & Montmarquette, C., 1996. "Cognition in Seemingly Riskless Choices and Judgments," Cahiers de recherche 9602, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
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., vol. 18(5), pages 527-544. [Downloadable!]
Other versions:
- Eric A. Hanushek & John F. Kain & Jacob M. Markman & Steven G. Rivkin, 2001. "Does Peer Ability Affect Student Achievement?," NBER Working Papers 8502, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
James J. Choi & David Laibson & Brigitte C. Madrian & Andrew Metrick, 2003. "Optimal Defaults," American Economic Review, American Economic Association, vol. 93(2), pages 180-185, May. [Downloadable!]

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