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Lizzeri, Alessandro
Siniscalchi, Marciano
Year of Publication: 
Series/Report no.: 
Discussion paper // Center for Mathematical Studies in Economics and Management Science 1432
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 tradeoff 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
Document Type: 
Working Paper

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