Research " ACCOUNTING IMFORMATION, INDIVIDUA DIFFRENTCES, AND ATTRIBUTIONS IN THE PERFORMANCE EVALUTION PROCESS "
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ACCOUNTING IMFORMATION, INDIVIDUA DIFFRENTCES, AND ATTRIBUTIONS IN THE PERFORMANCE EVALUTION PROCESS Simulation of expanding choice In this subsection, I describe simulations of a hypothetical regional economy under several combinations of (δ , J). As δ grows, the relative importance of school effectiveness diminishes and the likelihood of unsorted equilibria expands. By the logic above, for any fixed δ we might expect unsorted equilibria to be less prominent with many districts than with few. Where Figure 1.1 used uniform, nonstochastic distributions for both income and effectiveness, here I adopt the slightly more realistic assumption that income has a normal distribution and I draw random effectiveness parameters from the same...
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