TrygFonden's Child Research Seminar Series: Juliana Silva Goncalves, Queensland University of Technology

Title: Relative age effect on adolescents’ economic preferences: Evidence from a large scale laboratory experiment

2014.08.14 | Mette Vad Andersen

Date Thu 25 Sep
Time 12:00 13:15
Location Fuglesangs Allé 4, building 2621, room B4

Title: Relative age effect on adolescents’ economic preferences: Evidence from a large scale laboratory experiment

Introduction:

The relative age effect (RAE) literature consistently shows that arbitrary school entry rules create a penalty for the youngest children of a given cohort on academic and sport performance. Beyond a positive bias in cognitive skills, there is also evidence suggesting that children who are relatively young are disadvantaged in their non-cognitive skills (e.g. self-esteem, leadership). Two main transmission channels for the observed relative age effect have been discussed: maturity or absolute age and peer comparisons. Children's relative position within the age distribution in the classroom can plausibly exert a negative impact on younger children's self-valuation of their abilities, biasing the development of preferences which are important for success at school and also later in life. Thus far, there has been no investigation on the RAE on economic preferences of adolescents. In this study, we experimentally elicit preferences for competitive environments, risk and ambiguity attitudes and professional aspirations of 661 high school students, aged 13 to 14 years old, who are born within a two month window of the cut-off date defined to enter school. Overall, we find little evidence for a relative age effect on economic preferences.

 

The seminar is a lunch seminar (lunch is on the house) -

please sign up by e-mail to Centre Secretary Mette Vad Andersen

TrygFonden Seminars