Arbeitspapier

How do people trade off resources between quick and slow learners?

How society invests in human capital is important for economic growth and social welfare. The paper reports from the first experiment designed to elicit people's preferences for how to prioritize educational resources, where 2,000 Americans trade off educational resources between quick and slow learners. I find that they give strong priority to slow learners and assign two thirds of the educational resources to this group. Both cost efficiency and the motivation of the learners causally affect the resource allocation. The findings provide important insights for the present policy debate on how to distribute educational resources in society.

Sprache
Englisch

Erschienen in
Series: Discussion Papers of the Max Planck Institute for Research on Collective Goods ; No. 2021/4

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Individual
Microeconomic Behavior: Underlying Principles
Distribution: General
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Education and Inequality
Education: Government Policy
Thema
Human capital investment
preferences
inequality
experiment
education

Ereignis
Geistige Schöpfung
(wer)
Falch, Ranveig
Ereignis
Veröffentlichung
(wer)
Max Planck Institute for Research on Collective Goods
(wo)
Bonn
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Falch, Ranveig
  • Max Planck Institute for Research on Collective Goods

Entstanden

  • 2021

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