Why Do Households Leave School Value Added on the Table? The Roles of Information and Preferences
研究罗马尼亚家庭为何不选择增值更高的学校，通过实验发现信息干预能提升选择，但偏好其他学校特质是主因，纠正信念最多消除四分之一的未利用增值。
Romanian households could choose schools with one standard deviation worth of additional value added. Why do households leave value added “on the table”? We study two possibilities: (i) information and (ii) preferences for other school traits. In an experiment, we inform randomly selected households about schools' value added. These households choose schools with up to 0.2 standard deviations of additional value added. We then estimate a discrete choice model and show that households have preferences for a variety of school traits. As a result, fully correcting households' beliefs would eliminate at most a quarter of the value added that households leave unexploited.