Doctoral Dissertation Research in Economics: The Effect of Access on Beliefs
经济学博士论文研究:获取对信仰的影响
基本信息
- 批准号:1629670
- 负责人:
- 金额:$ 2.66万
- 依托单位:
- 依托单位国家:美国
- 项目类别:Standard Grant
- 财政年份:2016
- 资助国家:美国
- 起止时间:2016-07-01 至 2019-03-31
- 项目状态:已结题
- 来源:
- 关键词:
项目摘要
Although governments, academics and policy-makers agree about the large benefits of education in societal outcomes, investment in education amongst the poor remains low. One reason, cited by researchers in economics, is that poor people have low expectations about the value of education when compared to estimates from data. Another potential explanation is psychological. Work in sociology finds that poor families have more pessimistic outlooks on the future value of education due to obstacles like low quality schools, larger financial constraints and racial discrimination. Perhaps most striking, recent empirical studies find that providing poor people access to resources increases their expectations on the value of education, despite no information being provided about the value per se.Building on these findings, one possible theory is that low expectations help individuals cope with low access to an investment. Rather than lamenting a small chance to make a potentially life-changing investment, individuals feel better by underestimating its value, a theory called "the sour grapes effect". The goal in this project is to utilize the economic tools of a laboratory setting to explore this effect, and the relationship between access and beliefs more broadly. The lab provides a clear methodological advantage as empirical studies to date suffer from likely confounds.The intellectual merit of this proposal lies in attempting to study a real-world problem with a novel psychological intuition that can be framed using rigorous theory and investigated through experimental methodologies. The research agenda is grounded in the theory of decision-making under ambiguity and may document a new violation of (Subjective) Expected Utility theory.The research agenda makes some important contributions and has potentially broader impacts. Exploring the access-based beliefs could increase our understanding of how perceived (not estimated) beliefs of the returns to education are formed, an important determinant of schooling decisions. Furthermore, access-based beliefs may be the source of a cycle of low access, and investment that traps people in poverty. Lastly, they would suggest a novel pathway for the efficacy of social programs that expand access to public goods, namely that optimistic beliefs may play an important role. Ultimately, research that furthers our knowledge on how subjective beliefs on the returns to investment are formed can help create better models of decision-making under uncertainty and inform policy-makers in a variety of contexts.
尽管政府、学术界和决策者都认为教育在社会成果方面有很大的好处,但对穷人的教育投资仍然很低。经济学研究人员引用的一个原因是,与数据估计相比,穷人对教育价值的期望较低。另一个可能的解释是心理上的。社会学的研究发现,由于学校质量低、财政拮据和种族歧视等障碍,贫困家庭对教育的未来价值持悲观态度。也许最引人注目的是,最近的实证研究发现,向穷人提供获得资源的机会增加了他们对教育价值的期望,尽管没有提供关于教育价值本身的信息,根据这些研究结果,一个可能的理论是,低期望有助于个人科普获得投资机会少的情况。人们不会为一个可能改变生活的投资机会而哀叹,而是通过低估其价值来感觉更好,这一理论被称为“酸葡萄效应”。 该项目的目标是利用实验室环境的经济工具来探索这种效应,以及更广泛地探索获取与信仰之间的关系。该实验室提供了一个明显的方法论优势,因为迄今为止的实证研究可能会出现混乱。该建议的智力价值在于试图用一种新颖的心理直觉来研究现实世界的问题,这种直觉可以使用严格的理论来构建,并通过实验方法来研究。该研究议程以模糊决策理论为基础,可能是对(主观)期望效用理论的一种新的违背,做出了一些重要贡献,并具有潜在的广泛影响。探索访问为基础的信念可以增加我们的理解如何感知(而不是估计)的信念的教育回报的形成,一个重要的决定因素的学校教育决策。此外,基于获取的信念可能是低获取和投资周期的根源,使人们陷入贫困。最后,他们提出了一个新的途径,扩大获得公共产品的社会计划的效力,即乐观的信念可能发挥重要作用。最后,研究进一步加深了我们对投资回报的主观信念是如何形成的知识,可以帮助创建更好的不确定性下的决策模型,并在各种情况下为政策制定者提供信息。
项目成果
期刊论文数量(0)
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Charles Sprenger其他文献
On the empirical validity of cumulative prospect theory: A response to the Wakker commentaries
- DOI:
10.1016/j.socec.2023.102120 - 发表时间:
2023-12-01 - 期刊:
- 影响因子:
- 作者:
B. Douglas Bernheim;Charles Sprenger - 通讯作者:
Charles Sprenger
Charles Sprenger的其他文献
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{{ truncateString('Charles Sprenger', 18)}}的其他基金
Doctoral Dissertation Research in Economics: Expected Utility Core of Risk Preferences
经济学博士论文研究:风险偏好的预期效用核心
- 批准号:
2242391 - 财政年份:2023
- 资助金额:
$ 2.66万 - 项目类别:
Standard Grant
Doctoral Dissertation Research in Economics: Convex Preferences Over Lotteries
经济学博士论文研究:凸偏好优于彩票
- 批准号:
1824121 - 财政年份:2018
- 资助金额:
$ 2.66万 - 项目类别:
Standard Grant
Doctoral Dissertation Research in Economics: Social Comparisons in Peer Effects
经济学博士论文研究:同伴效应的社会比较
- 批准号:
1757246 - 财政年份:2018
- 资助金额:
$ 2.66万 - 项目类别:
Standard Grant
Doctoral Dissertation Research in Economics: Missing Commitment: Uncertainty, Flexibility and Relationships
经济学博士论文研究:缺失的承诺:不确定性、灵活性和关系
- 批准号:
1658556 - 财政年份:2017
- 资助金额:
$ 2.66万 - 项目类别:
Standard Grant
RAPID: Collaborative Research: The Impact of Trauma on Economic Preferences
RAPID:合作研究:创伤对经济偏好的影响
- 批准号:
1145911 - 财政年份:2011
- 资助金额:
$ 2.66万 - 项目类别:
Standard Grant
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