Using a field experiment with high school students, we evaluate the development of risk preferences. Examining the impact of school characteristics on preference development reveals both peer and quality effects. For the peer effect, individuals in schools with a higher percentage of students on...

The authors report the results of an experiment designed to measure the impact of different forms of subsidies on the demand for post-secondary education financing among a sample of adults ages 18-55 in Canada. The experiment presents subjects with a series of choices involving trade-offs...