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Parental Guidance and Supervised Learning Author info | Abstract | Publisher info | Download info | Related research | Statistics Alessandro Lizzeri
Marciano Siniscalchi
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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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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 2006Date of revision:
Handle: RePEc:nwu:cmsems:1432Contact details of provider: 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 Fax: 847/491-2530 Email: Web page: http://www.kellogg.northwestern.edu/research/math/ More information through EDIRC
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Philippe Jehiel & David Ettinger, 2007.
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843644000000000126, UCLA Department of Economics.
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