Research " SEQUENTIAL REVEALING OF INFORMATION AND THE RETURNS TO EDUCATIONAL SIGNALS "

SEQUENTIAL REVEALING OF INFORMATION AND THE RETURNS TO EDUCATIONAL SIGNALS Caution is required, however, in generalizing from this chapter’s results to choice markets that do not link school assignment to residential location. Under Tiebout choice, parents may have to give up desired neighborhood amenities—views, parks, air quality, or characteristics of neighbors—to obtain a more effective school.