Effects of Peers and Rank on Cognition, Preferences, and Personality
Smriti Sharma and
Saurabh Singhal ()
No 591, GLO Discussion Paper Series from Global Labor Organization (GLO)
We exploit the variation in admission cutoffs across colleges at a leading Indian university to estimate the causal effects of enrolling in a selective college on cognitive attainment, economic preferences, and Big Five personality traits. Using a regression discontinuity design, we find that enrolling in a selective college improves university exam scores of the marginally admitted females, and makes them less overconfident and less risk averse, while males in selective colleges experience a decline in extraversion and conscientiousness. We find differences in peer quality and rank concerns to be driving our findings.
Keywords: College Quality; Peer Effects; Rank Concerns; Regression Discontinuity; India (search for similar items in EconPapers)
JEL-codes: C14 C9 I23 J24 O15 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:591
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