The role of the option value of college attendance in college major choice

被引：54

作者：

Eide, E

Waehrer, G

机构：

[1] Brigham Young Univ, Dept Econ, Provo, UT 84602 USA

[2] Natl Publ Serv Res Inst, Landover, MD USA

来源：

ECONOMICS OF EDUCATION REVIEW | 1998年 / 17卷 / 01期

关键词：

D O I：

10.1016/S0272-7757(97)00004-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, the analysis of college major choice is extended to include the option value of college attendance represented by the probability of and rewards from graduate school attendance. The results for men indicate that the option value is a significant, positive factor in the choice of liberal arts and science majors and is larger in all majors except computer science/engineering, for those with lower earnings at the undergraduate level. In contrast, while women may receive more after a graduate degree in any major, the option value is only significant in their choice of liberal arts and science majors. (C) 1997 Elsevier Science Ltd. All rights reserved.

引用

页码：73 / 82

页数：10

共 22 条

[1] THE DEMAND FOR AND RETURN TO EDUCATION WHEN EDUCATION OUTCOMES ARE UNCERTAIN [J].