39 records from EconBiz based on author Name

1. Cognitive skills, strategic sophistication, and life outcomes

Fe, Eduardo; Gill, David; Prowse, Victoria;
2021
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability:

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2. Cognitive skills, strategic sophistication, and life outcomes

abstract

We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred children in a variety of strategic interactions. First, we find that theory-of-mind ability and cognitive ability both predict level-k behavior. Second, older children respond to information about the cognitive ability of their opponent, which provides support for the emergence of a sophisticated strategic theory-of-mind. Third, theory-of-mind and age strongly predict whether children respond to intentions in a gift-exchange game, while cognitive ability has no influence, suggesting that different measures of cognitive skill correspond to different cognitive processes in strategic situations that involve understanding intentions. Using the ALSPAC birth-cohort study, we find that childhood theory-of-mind and cognitive ability are both associated with enhanced adult social skills, higher educational participation, better educational attainment, and lower fertility in young adulthood. Finally, we provide evidence that school spending improves theory-of-mind in childhood.

Fe, Eduardo; Gill, David; Prowse, Victoria;
2020
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link Link

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3. Cognitive skills, strategic sophistication, and life outcomes

Fe, Eduardo; Gill, David; Prowse, Victoria;
2019
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link

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4. Cognitive Skills, Strategic Sophistication, and Life Outcomes

abstract

We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred children in a variety of strategic interactions. First, we find that theory-of-mind ability and cognitive ability both predict level-k behavior. Second, older children respond to information about the cognitive ability of their opponent, which provides support for the emergence of a sophisticated strategic theory-of-mind. Third, theory-of-mind and age strongly predict whether children respond to intentions in a gift-exchange game, while cognitive ability has no influence, suggesting that different measures of cognitive skill correspond to different cognitive processes in strategic situations that involve understanding intentions. Using the ALSPAC birth-cohort study, we find that childhood theory-of-mind and cognitive ability are both associated with enhanced adult social skills, higher educational participation, better educational attainment, and lower fertility in young adulthood. Finally, we provide evidence that school spending improves theory-of-mind in childhood

Fe, Eduardo; Gill, David; Prowse, Victoria L.;
2021
Availability: Link Link
Citations: 6 (based on OpenCitations) Cited By

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5. Cognitive skills, strategic sophistication, and life outcomes

Fe, Eduardo; Gill, David; Prowse, Victoria;
2022
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link Link Link
Citations: 2 (based on OpenCitations) Cited By

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6. Cognitive skills and the development of strategic sophistication

abstract

The wage effect of job-education vertical mismatch (i.e. overeducation) has only recently been investigated in the case of Ph.D. holders. The existing contributions rely on OLS estimates that allow measuring the average effect of being mismatched at the mean of the conditional wages distribution. This paper, instead, observes the heterogeneity of the overeducation penalty along the wage distribution and according to Ph.D. holders' study field and sector of employment (academic/non-academic). We implement a Recentered Influence Function (RIF) to estimate an hourly wage equation and compare PhD holders who are over-educated with those who are not. The results reveal that overeducation hits the wages of those Ph.D. holders who are employed in the academic sector and in non-R&D jobs outside of the academic sector. Instead, no penalty exists among those who carry out R&D outside the Academia. The size of the penalty is higher among those who are in the mid-top of the wage distribution and hold a Social Science and Humanities specialization.

Fe, Eduardo; Gill, David;
2018
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link Link

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7. Cognitive skills and the development of strategic sophistication

Fe, Eduardo; Gill, David;
2018
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability:

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8. Retirement, Job Satisfaction and Mental Health : Partial Identification and Minimax-Regret Analysis with Panel Data

abstract

We study how retirement affects mental health using a partial identification framework for panel data. We consider identifying assumptions that restrict the process of selection, bind the amount of variation in counterfactual moments or limit the amount of interference within units along the time dimension. The identification regions that we estimate are then transformed into quantitative policy recommendations by adopting a minimax-regret decision rule. We find that retirement can have a moderate, positive effect on younger individuals whose pre-retirement mental health is below average of the corresponding age cohort. Our minimax-regret analysis further suggests that while retirement can be delayed without affecting the mental health of the majority of the population, it is advisable to facilitate the retirement of people with poor mental health

Fe, Eduardo;
2023
Availability: Link Link

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9. Cognitive Skills and the Development of Strategic Sophistication

abstract

In this paper we investigate how observable cognitive skills influence the development of strategic sophistication. To answer this question, we study experimentally how psychometric measures of theory-of-mind and cognitive ability (or `fluid intelligence') work together with age to determine the strategic ability and level-k behavior of children in a variety of incentivized strategic interactions. We find that better theory-of-mind and cognitive ability predict strategic sophistication in competitive games. Furthermore, age and cognitive ability act in tandem as complements, while age and theory-of-mind operate independently. Older children respond to information about the cognitive ability of their opponent, which provides support for the emergence of a sophisticated strategic theory-of-mind. Finally, theory-of-mind and age strongly predict whether children respond to intentions in a gift-exchange game, while cognitive ability has no influence, suggesting that different psychometric measures of cognitive skill correspond to different cognitive processes in strategic situations that involve the understanding of intentions

Fe, Eduardo; Gill, David;
2018
Availability: Link Link
Citations: 3 (based on OpenCitations) Cited By

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10. Cognitive Skills and the Development of Strategic Sophistication

abstract

In this paper we investigate how observable cognitive skills influence the development of strategic sophistication. To answer this question, we study experimentally how psychometric measures of theory-of-mind and cognitive ability (or 'fluid intelligence') work together with age to determine the strategic ability and level-k behavior of children in a variety of incentivized strategic interactions. We find that better theory-of-mind and cognitive ability predict strategic sophistication in competitive games.Furthermore, age and cognitive ability act in tandem as complements, while age and theory-of-mind operate independently. Older children respond to information about the cognitive ability of their opponent, which provides support for the emergence of a sophisticated strategic theory-of-mind. Finally, theory-of-mind and age strongly predict whether children respond to intentions in a gift-exchange game, while cognitive ability has no influence, suggesting that different psychometric measures of cognitive skill correspond to different cognitive processes in strategic situations that involve the understanding of intentions

Fe, Eduardo; Gill, David;
2018
Availability: Link Link

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