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Parental Guidance and Supervised Learning

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  • Alessandro Lizzeri
  • Marciano Siniscalchi

Abstract

We propose a simple theoretical model of supervised learning that is potentially useful to interpret a number of empirical phenomena. The model captures a basic tradeoff between sheltering the child from the consequences of his mistakes, and allowing him to learn from experience. We characterize the optimal parenting policy and its comparative-statics properties. We then show that key features of the optimal policy can be useful to interpret provocative findings from behavioral genetics.

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Bibliographic Info

Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1432.

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Date of creation: Nov 2006
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Handle: RePEc:nwu:cmsems:1432

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Postal: Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014
Phone: 847/491-3527
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Web page: http://www.kellogg.northwestern.edu/research/math/
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Endogenous parenting and twin adoption studies
    by Tyler Cowen in Marginal Revolution on 2011-03-01 09:41:00
  2. Endogenous parenting and twin adoption studies
    by Tyler Cowen in Marginal Revolution on 2011-03-01 09:41:00
  3. Endogenous parenting and twin adoption studies
    by Tyler Cowen in Cafe Hayek on 2011-03-01 09:41:00
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Cited by:
  1. Marco Cosconati, 2011. "Parenting Style and the Development of Human Capital in Children," 2011 Meeting Papers 854, Society for Economic Dynamics.
  2. James J. Heckman & Stefano Mosso, 2014. "The Economics of Human Development and Social Mobility," NBER Working Papers 19925, National Bureau of Economic Research, Inc.
  3. David Ettinger & Philippe Jehiel, 2004. "Towards a Theory of Deception," Levine's Bibliography 122247000000000247, UCLA Department of Economics.
  4. Heckman, James J. & Mosso, Stefano, 2014. "The Economics of Human Development and Social Mobility," IZA Discussion Papers 8000, Institute for the Study of Labor (IZA).
  5. Marcello Sartarelli, 2011. "Do Performance Targets Affect Behaviour? Evidence from Discontinuities in Test Scores in England," DoQSS Working Papers 11-02, Department of Quantitative Social Science - Institute of Education, University of London.
  6. James J. Heckman & Stefano Mosso, 2014. "The Economics of Human Development and Social Mobility," Working Papers 2014-004, Human Capital and Economic Opportunity Working Group.

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