This paper investigates how college students update their future earnings beliefs using a unique 'information' experiment: We provide college students true information about the population distribution of earnings, and observe how this information causes them to update their future earnings...

Standard observed characteristics explain only part of the differences between men and women in education choices and labor market trajectories. Using an experiment to derive students' levels of overconfidence, and preferences for competitiveness and risk, this paper investigates whether these...

This paper studies the determinants of college major choice using a unique “information” experiment embedded in a survey. We first ask respondents their self-beliefs - beliefs about their own expected earnings and other major-specific outcomes conditional on various majors, their population...