Parental guidance and supervised learning

Alessandro Lizzeri, Marciano Siniscalchi

    Research output: Contribution to journalReview article

    Abstract

    We propose a simple theoretical model of supervised learning that is potentially useful to interpret a number of empirical phenomena relevant to the nature-nurture debate. The model captures a basic trade-off between sheltering the child from the consequences of his mistakes and allowing him to learn from experience. We characterize the optimal parenting policy and its comparative-statics properties. We then show that key features of the optimal policy can be useful to interpret provocative findings from behavioral genetics.

    Original languageEnglish (US)
    Pages (from-to)1161-1195
    Number of pages35
    JournalQuarterly Journal of Economics
    Volume123
    Issue number3
    DOIs
    StatePublished - Aug 2008

    ASJC Scopus subject areas

    • Economics and Econometrics

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