NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Role of Heterogeneous Risk Preferences, Discount Rates, and Earnings Expectations in College Major Choice

Arpita Patnaik, Joanna Venator, Matthew Wiswall, Basit Zafar

NBER Working Paper No. 26785
Issued in February 2020

---- Acknowledgments ----

We thank the NYU Center for Experimental Social Sciences (CESS) for providing assistance in conducting the information survey and experiment, and the Federal Reserve Bank of New York for funding the study. The paper has benefited from the comments of the editor, Adeline Delavande, and two anonymous referees. We also thank participants in the Behavioral Research in Economics Workshop (BREW) India. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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