Social Learning and Course Choice
We use a broad sample of students to examine the course selection process and find evidence of social learning from peers. We also find that as the number of times students solve the course selection problem increases, they rely less on social learning and more on their own experience, limiting the potential for herd behaviour. Our results give insight to instructors about the reasons why students may be in their classes and suggest that information about courses and help in evaluating this information is especially important for students early in their college careers.
Volume (Year): 7 (2008)
Issue (Month): 1 ()
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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.:
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"Individual Learning About Consumption,"
Cambridge University Press, vol. 5(02), pages 255-271, April.
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NBER Working Papers
9501, National Bureau of Economic Research, Inc.
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- Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 1998. "Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 151-170, Summer.
- Eide, Eric & Waehrer, Geetha, 1998. "The Role of the Option Value of College Attendance in College Major Choice," Economics of Education Review, Elsevier, vol. 17(1), pages 73-82, February.
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