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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3322 |
DP3322 Neoclassical Growth and Commodity Trade | |
Marco Maffezzoli; Alejandro Cuñat | |
发表日期 | 2002-04-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | The dynamics of self-confidence are modelled in an environment where rational individuals optimally choose education and occupations with the aim to acquire productive skills while learning about ability. It is shown how the presence of uninformative options can trap individuals below their potential. Furthermore the trade-off between probability of success and value of skills may induce uncertain individuals to acquire less productive skills on their way to ability intensive occupations. The value of information also induces uncertain individuals to delay labour market entry. The model can also explain differences in perseverance in the face of failure. |
主题 | Labour Economics |
关键词 | Self-confidence Self-selection Skill accumulation Bayesian learning |
URL | https://cepr.org/publications/dp3322 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532346 |
推荐引用方式 GB/T 7714 | Marco Maffezzoli,Alejandro Cuñat. DP3322 Neoclassical Growth and Commodity Trade. 2002. |
条目包含的文件 | 条目无相关文件。 |
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