000			01163nam a22001457a 4500
999			_c522870 _d522870
008			230609b ||||| |||| 00| 0 eng d
100			_aAinsworth, Robert et al _941687
245			_aWhy do households leave school value added on the table? The roles of information and preferences
260			_aThe American Economic Review
300			_a113(4), Apr, 2023: p.1049-1082
520			_aRomanian households could choose schools with one standard deviation worth of additional value added. Why do households leave value added "on the table"? We study two possibilities: (i) information and (ii) preferences for other school traits. In an experiment, we inform randomly selected households about schools' value added. These households choose schools with up to 0.2 standard deviations of additional value added. We then estimate a discrete choice model and show that households have preferences for a variety of school traits. As a result, fully correcting households' beliefs would eliminate at most a quarter of the value added that households leave unexploited.- Reproduced
773			_aThe American Economic Review
906			_aEDUCATION
942			_cAR