Parental educational styles with externalities by Antonio Cabrales

Join us for another event in the Microeconomics Research Seminar Series, Spring Term 2025.

Antonio Cabrales, from Universidad Carlos III de Madrid, will present this week's Microeconomics Seminar on Parental educational styles with externalities.

Abstract

In this paper we develop a model that allows to understand the circum- stances under which a society, or groups within a society, may decide to pursue a collaborative education model or an individualist one. One important aspect of our model is that there are externalities and it can feature multiple equilibria. We can thus explain why one observes different local educational cultures even within relatively homogeneous countries. In addition, both features generate important and subtle insights for public policies. Depending on the parameters, the policymakers may need to operate “only” on beliefs, or they may need to change parental and teachers’ abilities. We study the incentives and possible policy responses to a desire for segregation.

This seminar will be held in the Economics Common Room on Monday 3 March at 2.00pm. This event is open to all levels of study and is also open to the public.

To register your place and gain access to the webinar, please contact the seminar organisers.

This event is part of the Microeconomics Research Seminar Series.