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Self-Perceptions about Academic Achievement: Evidence from Mexico City

Matteo Bobba () and Veronica Frisancho ()

No 20-1070, TSE Working Papers from Toulouse School of Economics (TSE)

Abstract: A growing body of evidence suggests that people exhibit large biases when processing information about themselves, but less is known about the underlying inference process. This paper studies belief updating patterns regarding academic ability in a large sample of students transitioning from middle to high school in Mexico City. The analysis takes advantage of rich and longitudinal data on subjective beliefs together with randomized feedback about individual performance on an achievement test. On average, the erformance feedback reduces the relative role of priors on posteriors and shifts substantial probability mass toward the signal. Further evidence reveals that males and high-socioeconomic status students tend to process new information on their own ability more effectively.

Keywords: Information; Subjective expectations; Academic ability; Bayesian updating; Over confidence; Secondary education. (search for similar items in EconPapers)
JEL-codes: C93 D80 D83 D84 I24 (search for similar items in EconPapers)
Date: 2020-01
New Economics Papers: this item is included in nep-edu and nep-ure
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