Parental Guidance and Supervised Learning

Alessandro Lizzeri and Marciano Siniscalchi

The Quarterly Journal of Economics, 2008, vol. 123, issue 3, 1161-1195

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.

Date: 2008
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Related works:
Working Paper: Parental Guidance and Supervised Learning (2007)
Working Paper: Parental Guidance and Supervised Learning (2006)
Working Paper: Parental Guidance and Supervised Learning (2006)
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