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Prof. Claus Portner (Seattle University) Quantity Responses to Quality: Initial Endowments and Endogenous Fertility
Parents make fertility decisions sequentially, updating their plans as they learn about each child. Quantity-quality trade-offs suggest that fertility choices may respond to the observed health of each birth, yet researchers frequently assume away endogenous fertility. This paper models parents' fertility decisions by combining Becker's quantity-quality framework with Behrman's sibling-allocation framework and related models. We then estimate the relationship between children's initial endowment (measured as birth weight) and subsequent fertility choices and preferences in ...
APL
Event Date:2026.09.03
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Mr Tsong-Hong Tenn (Stanford University): Equal Outcomes, Equal Treatment, and Meritocracy: A Trilemma
We study institutional policies assigning decisions based on a materially relevant characteristic correlated with a protected characteristic. We show that the three common anti-discrimination standards—equal outcomes, equal treatment, and meritocracy—form a trilemma: only trivial policies that treat all individuals equally satisfy all three standards, while any pair of the three standards permits non-trivial policies. We then characterize the optimal policies under each pair of the three standards. In the context of admissions where the decision is binary, these optimal policies become a two-t...
APL
Event Date:2026.08.27