Department of Economics and Business Economics

Behavioral Economics of Education

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

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Behavioral Economics of Education. / Koch, Alexander Karl; Nafziger, Julia; Nielsen, Helena Skyt.

In: Journal of Economic Behavior & Organization, Vol. 115, 2015, p. 3-17.

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

Harvard

Koch, AK, Nafziger, J & Nielsen, HS 2015, 'Behavioral Economics of Education', Journal of Economic Behavior & Organization, vol. 115, pp. 3-17. https://doi.org/10.1016/j.jebo.2014.09.005

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Author

Koch, Alexander Karl ; Nafziger, Julia ; Nielsen, Helena Skyt. / Behavioral Economics of Education. In: Journal of Economic Behavior & Organization. 2015 ; Vol. 115. pp. 3-17.

Bibtex

@article{4407e60ebebc41b4a12fba7ce613d5e2,
title = "Behavioral Economics of Education",
abstract = "During the last decade knowledge about human behavior from psychology and sociology has enhanced the field of economics of education. By now research recognizes cognitive skills (as measured by achivement tests) as equally important drivers of later economic outcomes, and skills are seen as multi-dimensional rather than one-dimensional. Explicitly accounting for soft skills often implies departing from the standard economic model by integrating concepts studied in behavioral and experimental economics, such as self-control, willingness to compete, intrinsic motivation, and self-confidence. We review how approaches from behavioral economics help our understanding of the complexity of educational investments and outcomes, and we discuss what insights can be gained from such concepts in the context of education.",
keywords = "Educational decision making, Schooling, Non-cognitive skills, Soft skills, Behavioral economics",
author = "Koch, {Alexander Karl} and Julia Nafziger and Nielsen, {Helena Skyt}",
note = "Campus adgang til artiklen / Campus access to the article",
year = "2015",
doi = "10.1016/j.jebo.2014.09.005",
language = "English",
volume = "115",
pages = "3--17",
journal = "Journal of Economic Behavior & Organization",
issn = "0167-2681",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Behavioral Economics of Education

AU - Koch, Alexander Karl

AU - Nafziger, Julia

AU - Nielsen, Helena Skyt

N1 - Campus adgang til artiklen / Campus access to the article

PY - 2015

Y1 - 2015

N2 - During the last decade knowledge about human behavior from psychology and sociology has enhanced the field of economics of education. By now research recognizes cognitive skills (as measured by achivement tests) as equally important drivers of later economic outcomes, and skills are seen as multi-dimensional rather than one-dimensional. Explicitly accounting for soft skills often implies departing from the standard economic model by integrating concepts studied in behavioral and experimental economics, such as self-control, willingness to compete, intrinsic motivation, and self-confidence. We review how approaches from behavioral economics help our understanding of the complexity of educational investments and outcomes, and we discuss what insights can be gained from such concepts in the context of education.

AB - During the last decade knowledge about human behavior from psychology and sociology has enhanced the field of economics of education. By now research recognizes cognitive skills (as measured by achivement tests) as equally important drivers of later economic outcomes, and skills are seen as multi-dimensional rather than one-dimensional. Explicitly accounting for soft skills often implies departing from the standard economic model by integrating concepts studied in behavioral and experimental economics, such as self-control, willingness to compete, intrinsic motivation, and self-confidence. We review how approaches from behavioral economics help our understanding of the complexity of educational investments and outcomes, and we discuss what insights can be gained from such concepts in the context of education.

KW - Educational decision making

KW - Schooling

KW - Non-cognitive skills

KW - Soft skills

KW - Behavioral economics

U2 - 10.1016/j.jebo.2014.09.005

DO - 10.1016/j.jebo.2014.09.005

M3 - Journal article

VL - 115

SP - 3

EP - 17

JO - Journal of Economic Behavior & Organization

JF - Journal of Economic Behavior & Organization

SN - 0167-2681

ER -