Research Article
Year 2017,
, 628 - 637, 27.12.2017
Abstract
References
- REFERENCE LIST Chernev, A., Böckenholt, U., & Goodman, J. (2015). Choice overload: A conceptual review and meta-analysis. Journal of Consumer Psychology, 25(2). Tversky, A., & Shafir, E. (1992). Choice under conflict: The dynamics of deferred decision. Psychological Science, 3(6). Dills, A. (2005). Does cream-skimming curdle the milk? A study of peer effects. Economics of Education Review, Vol. 24, Issue 1. Lavecchia, A., Liu, H., & Oreopoulos, P. (2015). Behavioral Economics of Education: Progress and Possibilities. Bonn: IZA DP No. 8853. Sacerdote, B. (2001). Peer effects with random assignment: Results for Dartmouth roommades. Quarterly Journal of Economics, 116(2). Schwartz, B. (2004). The paradox of choice: Why more Is less. Harper Perennial. Grant, C. (2017). The contribution of education to economic growth. K4D. Hoxby, C., & Avery, C. (2013). Low-Income High-Achieving Students Miss Out on Attending Selective Colleges. Brookings Papers on Economic Activity. Gal, D. (2006). A psychological law of inertia and the illusion of loss aversion. Judgment and Decision Making, 1(1). Kahneman, D., Knetsch, J., & Thaler, R. (1991). Anomalies: the endowment effect, loss aversion, and status quo bias. The Journal of Economic Perspectives, 5(1). Laibson, D. (1997). Golden eggs and hyperbolic discounting. Quarterly Journal of Economics, 112(2). Prelec, D. (2004). Decreasing impatience: A criterion for non-stationary time preference and “hyperbolic” discounting. The Scandinavian Journal of Economics, 106(3). Loewenstein, G., Sunstein, C., & Golman, R. (2014). Disclosure: Psychology changes everything. Annual Review of Economics, 6. Ainslie, G. (1975). Specious reward: A behavioral theory of impulsiveness and impulse control. Psychological Bulletin, 82(4). Becker, G., & Mulligan, C. (1997). The endogenous determination of time preference. The Quarterly Journal of Economics, 112 (3). Hershfield, H., Goldstein, D., Sharpe, W., Fox, J., Yeykelis, L., Carstens, L., & Bailenson, J. (2011). Increasing saving behavior through age-progressed renderings of the future self. Journal of Marketing Research, 48. Ritov, I., & Baron, J. (1990). Reluctance to vaccinate: omission bias and ambiguity. Journal of Behavioral Decision Making, 3. Hastings, J., & Weinstein, J. (2008). Information, School Choice, and Academic Achievement: Evidence from Two Experiments. The Quarterly Journal of Economics, 123 (4). Scott-Clayton, J. (2011). The Shapeless River: Does a Lack of Structure Inhibit Students' Progress at Community Colleges. Community College Research Center: CCRC Working Paper No. 25. Kirby, K. (1997). Bidding on the future: evidence against normative discounting of delayed rewards. Journal of Experimental Psychology, 126(1). Wertenbroch, K. (1998). Consumption self-control by rationing purchase quantities of virtue and vice. Marceting Science, 17. Woessmann, L. (2015). The economic case for education. Education Economics, 24(1). Shih, M., Pittinsky, T., & Ambady, N. (1999). Ambady, Stereotype susceptibility: Identity salience and shifts in quantitative performance. Psychological Science, 10(1). Tomasello, M. (2014). A Natural History of Human Thinkin. Cambridge, MA: Harvard University Press. Barberis, N., & Thaler, R. (2003). A Survey of Behavioral Finance. От G. C. Stulz, Handbook of the Economics of Finance Elsevier. Shermer, M. (2010). Market thinking. Sofia: East-West. Davies, P., Spencer, S., Quinn, D., & Gerhardstein, R. (2002). Consuming images: How television commercials that elicit stereotype threat can restrain women academically and professionally. Personality and Social Psychology Bulletin, 28(12). Chaldini, P. (2016). Pre-persuasion. Hidden mechanisms of efficient influence. Sofia: East-West. Thaler, R. (1981). Some Empirical Evidence on Dynamic Inconsistency. Economic Letters, 8. Thaler, R., & Shefrin, H. (1981). An economic theory of self-control. Journal of Political Economy, 89(2). UNESCO. (2017). Policy paper 32: Reducing global poverty through universal primary and secondary education. UNESCO. Carrell, S., Gilchrist, R., Fullerton, R., & West, J. (2007). Peer and leadership effects in academic and athletic performance. Hanover: Carrell: Department of Economics, Dartmouth College. Carrell, S., West, J., & Malmstrom, F. (2008). Peer effects in academic cheating. Journal of Human Resources, 43(1). Iyengar, S., & Lepper , M. (2000). When choice is demotivating: Can one desire too much of a good thing? Journal of Personality and Social Psychology, 79. Samuelson, W., & Zeckhauser, R. (1988). Status quo bias in decision making. Journal of Risk and Uncertainty, 1. OECD. (2016). Education at a Glance 2016: OECD Indicators. OECD Publishing. World Economic Forum. (2016). Global Competitiveness Report 2015-2016. World Economic Forum.
Year 2017,
, 628 - 637, 27.12.2017
Abstract
The work defences the thesis that even ensured equal opportunities to
invest in education and to get better life, even if this is the best life
alternative for them, young people and their families would hardly take
complete advantage of these opportunities. This particularly regards the ones in an unequal position. The reasons are looked for in behavioural failures connected to hyperbolic
discounting and to focusing on the present, momentum, stereotypes, herd-instinct
behaviour,
the paralysis at the availability of numerous options
and defects of will. The work also
suggests solutions, which to help young people and their families to take
adequate advantage of educational opportunities and to develop their potential,
getting over or softening behavioural deformations and deviations from reality.
References
- REFERENCE LIST Chernev, A., Böckenholt, U., & Goodman, J. (2015). Choice overload: A conceptual review and meta-analysis. Journal of Consumer Psychology, 25(2). Tversky, A., & Shafir, E. (1992). Choice under conflict: The dynamics of deferred decision. Psychological Science, 3(6). Dills, A. (2005). Does cream-skimming curdle the milk? A study of peer effects. Economics of Education Review, Vol. 24, Issue 1. Lavecchia, A., Liu, H., & Oreopoulos, P. (2015). Behavioral Economics of Education: Progress and Possibilities. Bonn: IZA DP No. 8853. Sacerdote, B. (2001). Peer effects with random assignment: Results for Dartmouth roommades. Quarterly Journal of Economics, 116(2). Schwartz, B. (2004). The paradox of choice: Why more Is less. Harper Perennial. Grant, C. (2017). The contribution of education to economic growth. K4D. Hoxby, C., & Avery, C. (2013). Low-Income High-Achieving Students Miss Out on Attending Selective Colleges. Brookings Papers on Economic Activity. Gal, D. (2006). A psychological law of inertia and the illusion of loss aversion. Judgment and Decision Making, 1(1). Kahneman, D., Knetsch, J., & Thaler, R. (1991). Anomalies: the endowment effect, loss aversion, and status quo bias. The Journal of Economic Perspectives, 5(1). Laibson, D. (1997). Golden eggs and hyperbolic discounting. Quarterly Journal of Economics, 112(2). Prelec, D. (2004). Decreasing impatience: A criterion for non-stationary time preference and “hyperbolic” discounting. The Scandinavian Journal of Economics, 106(3). Loewenstein, G., Sunstein, C., & Golman, R. (2014). Disclosure: Psychology changes everything. Annual Review of Economics, 6. Ainslie, G. (1975). Specious reward: A behavioral theory of impulsiveness and impulse control. Psychological Bulletin, 82(4). Becker, G., & Mulligan, C. (1997). The endogenous determination of time preference. The Quarterly Journal of Economics, 112 (3). Hershfield, H., Goldstein, D., Sharpe, W., Fox, J., Yeykelis, L., Carstens, L., & Bailenson, J. (2011). Increasing saving behavior through age-progressed renderings of the future self. Journal of Marketing Research, 48. Ritov, I., & Baron, J. (1990). Reluctance to vaccinate: omission bias and ambiguity. Journal of Behavioral Decision Making, 3. Hastings, J., & Weinstein, J. (2008). Information, School Choice, and Academic Achievement: Evidence from Two Experiments. The Quarterly Journal of Economics, 123 (4). Scott-Clayton, J. (2011). The Shapeless River: Does a Lack of Structure Inhibit Students' Progress at Community Colleges. Community College Research Center: CCRC Working Paper No. 25. Kirby, K. (1997). Bidding on the future: evidence against normative discounting of delayed rewards. Journal of Experimental Psychology, 126(1). Wertenbroch, K. (1998). Consumption self-control by rationing purchase quantities of virtue and vice. Marceting Science, 17. Woessmann, L. (2015). The economic case for education. Education Economics, 24(1). Shih, M., Pittinsky, T., & Ambady, N. (1999). Ambady, Stereotype susceptibility: Identity salience and shifts in quantitative performance. Psychological Science, 10(1). Tomasello, M. (2014). A Natural History of Human Thinkin. Cambridge, MA: Harvard University Press. Barberis, N., & Thaler, R. (2003). A Survey of Behavioral Finance. От G. C. Stulz, Handbook of the Economics of Finance Elsevier. Shermer, M. (2010). Market thinking. Sofia: East-West. Davies, P., Spencer, S., Quinn, D., & Gerhardstein, R. (2002). Consuming images: How television commercials that elicit stereotype threat can restrain women academically and professionally. Personality and Social Psychology Bulletin, 28(12). Chaldini, P. (2016). Pre-persuasion. Hidden mechanisms of efficient influence. Sofia: East-West. Thaler, R. (1981). Some Empirical Evidence on Dynamic Inconsistency. Economic Letters, 8. Thaler, R., & Shefrin, H. (1981). An economic theory of self-control. Journal of Political Economy, 89(2). UNESCO. (2017). Policy paper 32: Reducing global poverty through universal primary and secondary education. UNESCO. Carrell, S., Gilchrist, R., Fullerton, R., & West, J. (2007). Peer and leadership effects in academic and athletic performance. Hanover: Carrell: Department of Economics, Dartmouth College. Carrell, S., West, J., & Malmstrom, F. (2008). Peer effects in academic cheating. Journal of Human Resources, 43(1). Iyengar, S., & Lepper , M. (2000). When choice is demotivating: Can one desire too much of a good thing? Journal of Personality and Social Psychology, 79. Samuelson, W., & Zeckhauser, R. (1988). Status quo bias in decision making. Journal of Risk and Uncertainty, 1. OECD. (2016). Education at a Glance 2016: OECD Indicators. OECD Publishing. World Economic Forum. (2016). Global Competitiveness Report 2015-2016. World Economic Forum.
There are 1 citations in total.
Details
| Journal Section | Articles |
|---|---|
| Authors | |
| Publication Date | December 27, 2017 |
| Submission Date | September 9, 2017 |
| Published in Issue | Year 2017 |
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