Hartlaub, Vanessa; Schneider, Thorsten - Forschungsbasierte Infrastruktureinrichtung … - 2012
According to sociological theories on educational choice, risk aversion is the main driving force for class … active decision and, thus, individual risk aversion comes into play for these students.. - For our empirical analyses, we … aversion. Students with a higher social background are not only less sensitive to their school performance, but individual risk …