Monthly Archive: June 2012

Jun 12

Signalling vs. Hyperbolic discounting

Bryan Caplan has a lot of thoughts on signaling as the motivator for education.   The idea makes a lot of sense, up to a point.   But let’s  go back and re-assemble my college mental model, as best I can. So I sign up for a class, and I pay my class’s $1000 tuition …

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