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Preference Formation, School Dissatisfaction and Risky Behavior of Adolescents

Author

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  • Louis Lévy-Garboua

    () (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, CIRANO - Centre interuniversitaire de recherche en analyse des organisations - UQAM - Université du Québec à Montréal)

  • Youenn Loheac

    () (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Bertrand Fayolle

    (TEAM - UP1 - Université 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.

Suggested Citation

  • Louis Lévy-Garboua & Youenn Loheac & Bertrand Fayolle, 2006. "Preference Formation, School Dissatisfaction and Risky Behavior of Adolescents," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00203187, HAL.
  • Handle: RePEc:hal:cesptp:halshs-00203187
    DOI: 10.1016/j.joep.2005.06.017
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00203187
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    References listed on IDEAS

    as
    1. 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.
    2. Levy-Garboua, Louis & Montmarquette, Claude, 2004. "Reported job satisfaction: what does it mean?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(2), pages 135-151, April.
    3. 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.
    4. Louis Lévy-Garboua & Claude Montmarquette, 1996. "Cognition In Seemingly Riskless Choices And Judgments," Rationality and Society, , vol. 8(2), pages 167-185, May.
    5. Clark, Andrew E. & Oswald, Andrew J., 1996. "Satisfaction and comparison income," Journal of Public Economics, Elsevier, vol. 61(3), pages 359-381, September.
    6. 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.
    7. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
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    Cited by:

    1. 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, vol. 39(6), pages 688-695, November.
    2. Charlotte Cabane & Andrew E. Clark, 2015. "Childhood Sporting Activities andAdult Labour-Market Outcome," Annals of Economics and Statistics, GENES, issue 119-120, pages 123-148.
    3. Gibbons, Stephen & Silva, Olmo, 2011. "School quality, child wellbeing and parents' satisfaction," Economics of Education Review, Elsevier, vol. 30(2), pages 312-331, April.
    4. Charlotte Cabane & Andrew E. Clark, 2015. "Childhood Sporting Activities andAdult Labour-Market Outcome," Annals of Economics and Statistics, GENES, issue 119-120, pages 123-148.
    5. Charlotte Cabane & Andrew E. Clark, 2013. "Childhood Sporting Activities and Adult Labour-Market Outcomes," Working Papers halshs-00875305, HAL.
    6. Quis, Johanna Sophie, 2015. "Does higher learning intensity affect student well-being? Evidence from the National Educational Panel Study," BERG Working Paper Series 94, Bamberg University, Bamberg Economic Research Group.
    7. 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, vol. 38(C), pages 139-150.

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