Investing in Education: How Social Norms Impact Economic Returns.
The article explores how sociology and behavioral economics can improve our understanding of how investments in education work. It shows that social norms and personal identities play a big role in deciding how much effort students put into their education. Additionally, behavioral biases can affect how people make decisions about their education and future well-being. By considering these factors, we can develop better policies to help students overcome barriers and make more informed choices about their educational paths.