Parental Guidance and Supervised Learning

50 Pages Posted: 4 Dec 2006

See all articles by Alessandro Lizzeri

Alessandro Lizzeri

Princeton University - Department of Economics

Marciano Siniscalchi

Northwestern University - Department of Economics

Date Written: November 2006

Abstract

We propose a simple theoretical model of supervised learning that is potentially useful to interpret a number of empirical phenomena. The model captures a basic trade-off between sheltering the child from the consequences of his mistakes, and allowing him to learn from experience. We characterize the optimal parenting policy and its comparative-statics properties. We then show that key features of the optimal policy can be useful to interpret provocative findings from behavioral genetics.

Keywords: Supervised Learning, Behavioral Genetics

Suggested Citation

Lizzeri, Alessandro and Siniscalchi, Marciano, Parental Guidance and Supervised Learning (November 2006). Available at SSRN: https://ssrn.com/abstract=948948 or http://dx.doi.org/10.2139/ssrn.948948

Alessandro Lizzeri

Princeton University - Department of Economics ( email )

Princeton, NJ 08544-1021
United States
08544 (Fax)

Marciano Siniscalchi (Contact Author)

Northwestern University - Department of Economics ( email )

2003 Sheridan Road
Evanston, IL 60208
United States

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