Showing 1 - 10 of 36
We impose the axiom Independence of Irrelevant Alternatives on division rules for the conflicting claims problem. With the addition of Consistency and Resource Monotonicity, this characterizes a family of rules which can be described in three different but intuitive ways. First, a rule is...
Persistent link: https://www.econbiz.de/10011076672
We describe and characterize the family of asymmetric parametric division rules for the adjudication of conflicting claims on a divisible homogeneous good. As part of the characterization, we present two novel axioms which restrict how a division rule indirectly allocates between different...
Persistent link: https://www.econbiz.de/10010753432
We use a preference-over-menus framework to model a decision maker who is affected by multiple temptations. Our two main axioms on preference-exclusion and inclusion-identify when the agent would want to restrict his choice set and when he would want to expand his choice set. An agent who is...
Persistent link: https://www.econbiz.de/10008456359
This study examines the theoretical and practical implications of ranking teachers with a one-dimensional value-added metric when teacher effectiveness varies across subjects or student types. We create a theoretical framework which suggests specific tests of the standard teacher input...
Persistent link: https://www.econbiz.de/10010776795
In this paper, we estimate the impact of receiving an NIH grant on subsequent publications and citations. Our sample consists of all applications (unsuccessful as well as successful) to the NIH from 1980 to 2000 for standard research grants (R01s). Both OLS and IV estimates show that receipt of...
Persistent link: https://www.econbiz.de/10010574302
We construct a simple model, consistent with Becker and Tomes (1979), that decomposes the intergenerational income elasticity into the causal effect of financial resources, the mechanistic transmission of human capital, and the role that human capital plays in the determination of father’s...
Persistent link: https://www.econbiz.de/10008556971
In this paper, we compare subjective principal assessments of teachers to the traditional determinants of teacher compensation – education and experience – and another potential compensation mechanism -- value-added measures of teacher effectiveness based on student achievement gains. We...
Persistent link: https://www.econbiz.de/10005002358
While there is a substantial literature on the relationship between general teacher characteristics and student learning, school districts and states often rely on in-service teacher training as a part of school reform efforts. Recent school reform efforts in Chicago provide an opportunity to...
Persistent link: https://www.econbiz.de/10005010030
Low-achieving students in many school districts are retained in a grade to allow them to gain the academic or social skills that teachers believe are necessary to succeed academically. In this paper, we use plausibly exogenous variation in retention generated by a test-based promotion policy to...
Persistent link: https://www.econbiz.de/10005014627
The persistence of criminal activity is well documented. While such serial correlation may be evidence of social interactions in the production of crime, it may also be due to the persistence of unobserved determinants of crime. Moreover, there are good reasons to believe that, particularly over...
Persistent link: https://www.econbiz.de/10005088731