COLLEGE CHOICE AS A COLLECTIVE DECISION
通过实验方法发现大学选择是家庭集体决策,学生比父母影响更大但非完全控制,且学生更关注课堂体验和未来收入,忽视双重主体会削弱预测并导致政策设计偏差。
Although the choice between colleges can be thought of as being made collectively by a family, models of educational choice almost universally portray the decision as made by the student alone. Using a novel experimental method for identifying collective decision functions, I find that students have more influence than parents over the decision, but not exclusive control. Students care more than parents about classroom experience and future earnings. Ignoring the dual‐agent nature of the decision can weaken predictions and lead to poorly targeted policy designs.