Project summary
The project focuses on educational choices and outcomes in education markets, taking seriously the possible role of behavioral biases in different institutional contexts. The project considers (i) educational choices, (ii) market design, and (iii) student outcomes. The focus of the third funding period is to investigate the sources and implications of misperceptions and the effects of policy interventions that address information frictions and behavioral biases. We will apply this focus to three domains: (i) intergenerational transmission of educational choices, (ii) admission processes as part of the market design, and (iii) educational policies and outcomes. We will continue to build on the combination of representative surveys and experimental methods pursued by Dorothea Kübler and Ludger Woessmann and their teams in Berlin and Munich, but also expand the methodological spectrum with Jonas Radbruch as a third PI and his expertise in designing organizational interventions and investigating behavioral phenomena in the field.