Balancing the risk of ‘Lazearian’ interrupters and the benefits of educational and social peers: tracing parental preferences for class-size reduction |
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Authors: | Karl Fritjof Krassel Camilla Dalsgaard |
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Institution: | KORA, Danish Institute for Local and Regional Government Research, Copenhagen K, Denmark |
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Abstract: | Using Danish survey data from a choice experiment, parental preferences for class-size reduction are estimated. While parents with children in large classes are willing to pay for class-size reduction, parents with children in small classes are reluctant and even express negative utility for further class-size reduction. We interpret this as parents balancing the risk of ‘Lazearian’ interrupters and the benefits of educational and social peers when forming their preferences for class size. |
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Keywords: | Willingness to pay class-size reduction parental preferences educational and social peers |
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