| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17177 |
| DP17177 Subjective Beliefs and Inclusion Policies: Evidence from College Admissions | |
| Michela Maria Tincani; Fabian Kosse; Enrico Miglino | |
| 发表日期 | 2022-04-04 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Many countries have introduced preferential admissions to provide new opportunities for talented but disadvantaged students to attend college. Their effectiveness critically depends on students’ perceptions of their incentive schemes. This paper studies this issue by exploiting a randomized preferential admission policy and linked survey-administrative data for 6,054 high-school students in Chile. We document that these students hold overly optimistic beliefs about their admission credentials. We then estimate policy effects on student behavior and outcomes. We find that pre-college effort and achievement fall by 0.1 standard deviations in response to the policy. We develop and structurally estimate a dynamic model of effort, entrance-exam-taking, admissions and enrollments incorporating subjective beliefs. We show that, by distorting effort, belief biases lead overconfident but underprepared students to enter college in response to the policy. We discuss how preferential admission policies can be redesigned to mitigate such distortions and draw closer to achieving their intended objective. |
| 主题 | Labour Economics |
| 关键词 | Preferential college admissions Experimental policy evaluation Subjective beliefs Dynamic choice model Tournament model |
| URL | https://cepr.org/publications/dp17177 |
| 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/546171 |
| 推荐引用方式 GB/T 7714 | Michela Maria Tincani,Fabian Kosse,Enrico Miglino. DP17177 Subjective Beliefs and Inclusion Policies: Evidence from College Admissions. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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