Effects of Peers and Rank on Cognition, Preferences, and Personality

• 成果类型: Article
• 署名作者: Dasgupta, Utteeyo; Mani, Subha; Sharma, Smriti; Singhal, Saurabh
• 署名单位: Fordham University; IZA Institute Labor Economics; University of Pennsylvania; Newcastle University - UK; Lancaster University
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_00966
• 发表日期: 2022-05
• 页码: 587-601
• 关键词: gender; RISK; STABILITY; inference; traits; elicitation; PSYCHOLOGY; university; benefits; QUALITY

摘要

We exploit the variation in admission cutoffs across colleges at a leading Indian university to estimate the causal effects of enrolling in a selective college on cognitive attainment, economic preferences, and Big Five personality traits. Using a regression discontinuity design, we find that enrolling in a selective college improves university exam scores of the marginally admitted women and makes them less overconfident and less risk averse, while men in selective colleges experience a decline in extraversion and conscientiousness. We find differences in peer quality and rank concerns to be driving our findings.