Investment in education under disappointment aversion
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- Dan Anderberg & Claudia Cerrone, 2017. "Investment in education under disappointment aversion," Economics Bulletin, AccessEcon, vol. 37(3), pages 1533-1540.
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More about this item
Keywordseducation; risk; disappointment aversion; endogeneous reference points;
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2016-11-13 (All new papers)
- NEP-EDU-2016-11-13 (Education)
- NEP-UPT-2016-11-13 (Utility Models & Prospect Theory)
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