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</o:shapelayout></xml><![endif]--></head><body lang=DE-AT link="#467886" vlink="#96607D" style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'>Dear All,<br><br>You are invited to attend the first VCEE seminar of the winter semester 2025 on Monday, October 20, from 11:30 to 13:00 hrs Vienna time. <br><br>The seminar takes place in lecture <b>hall 7 </b>(1<sup>st</sup> floor) at<b> Oskar-Morgenstern-Platz 1.<i><span style='color:red'><br></span></i></b><br>We will have one speaker: Kristoffer B. Hvidberg (U Aarhus)<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'>Webpage:  </span><span style='font-family:"Calibri",sans-serif'><a href="https://kristofferhvidberg.com/"><span lang=EN-GB>https://kristofferhvidberg.com/</span></a></span><span lang=EN-GB style='font-family:"Calibri",sans-serif'><br><br>Here is more information about the talk:<o:p></o:p></span></p><p style='margin:0cm'><b><span lang=EN-GB style='font-size:11.0pt;font-family:"Calibri",sans-serif;mso-fareast-language:EN-US'>Title: </span></b><span lang=EN-GB style='font-size:11.0pt;font-family:"Calibri",sans-serif;mso-fareast-language:EN-US'>Preferences and Choice of Education<o:p></o:p></span></p><p style='margin:0cm'><span lang=EN-GB style='font-size:11.0pt;font-family:"Calibri",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p style='margin:0cm'><b><span lang=EN-GB style='font-size:11.0pt;font-family:"Calibri",sans-serif;mso-fareast-language:EN-US'>Abstract:<o:p></o:p></span></b></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif;mso-ligatures:none'>We investigate whether economic preferences influence educational choices independently of cognitive ability. Using incentivized experiments with over 4,000 Danish 19-year-olds linked to administrative records, we find that patience predicts enrollment in longer educational programs, while risk aversion predicts selection into programs with lower earnings dispersion. Both effects persist after controlling for cognitive ability measured by GPA, demographic characteristics, and parental background. Our results demonstrate that economic preferences explain variation in educational choices beyond academic background and achievement, with implications for understanding human capital investment.</span><span lang=EN-GB style='font-family:"Calibri",sans-serif'><br><br><o:p></o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'>If you are interested in meeting Kristoffer<span style='color:red'> </span>(meeting slots of 30’) you can register via this link:<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'><a href="https://nuudel.digitalcourage.de/VOcQ9AXiPRovXBJK">https://nuudel.digitalcourage.de/VOcQ9AXiPRovXBJK</a><o:p></o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'>Best regards,<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-GB style='font-family:"Calibri",sans-serif'>Sylvia<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Calibri",sans-serif'><o:p> </o:p></span></p></div></body></html>