| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10437699 | Journal of Economic Behavior & Organization | 2012 | 9 Pages |
Abstract
⺠An economic model of child development with multiple stages is considered. ⺠There is incomplete information. ⺠Hence, parents are not able to tailor their investments to their child's type when the child is young. ⺠Incomplete information strengthens the importance of early investments in children when substitution of inter-stage investments is difficult.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Philipp Weinschenk,