Can Social Information Affect What Job You Choose and Keep
AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS(2017)
摘要
We show that the provision of social information influences a high-stakes decision and this influence persists over time. In a field experiment involving thousands of admits to Mach For America, those told about the previous year's matriculation rate are more likely to accept a teaching job, complete training, start, and return a second year. To show robustness, we develop a simple theory that identifies subgroups where we expect larger treatment effects and find our effect is larger in those subgroups. That social information can have a powerful, persistent effect on high-stakes behavior broadens its relevance for policy and theory.
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关键词
social information affect
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