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- W1597803260 abstract "We apply the theory of real options to the problem of education choice when returns to education are uncertain. We show that the length of time spent in school will be an increasing function of the risk associated with education and not just the expected return. This fact has been neglected in much of the empirical literature on education." @default.
- W1597803260 created "2016-06-24" @default.
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- W1597803260 date "2002-08-29" @default.
- W1597803260 modified "2023-09-27" @default.
- W1597803260 title "Education Choice under Uncertainty" @default.
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