Publications [#238279] of V. Joseph Hotz

Journal Articles

1. with Hao, L; Hotz, VJ; Jin, GZ, Games Parents and Adolescents Play: Risky Behaviors, Parental Reputation, and Strategic Transfers., Economic journal (London, England), vol. 118 no. 528 (April, 2008), pp. 515-555, ISSN 0013-0133 [21660221], [doi]
   (last updated on 2026/01/22)

   Abstract:
   This paper examines parental reputation formation in intra-familial interactions. In a repeated two-stage game, children decide whether to drop out of high school or daughters decide whether to have births as teens and parents then decide whether to provide support to their children beyond age 18. Drawing on Milgrom and Roberts (1982) and Kreps and Wilson (1982), we show that, under certain conditions, parents have the incentive to penalize older children for their adolescent risk-taking behaviours in order to dissuade their younger children from such behaviours when reaching adolescence. We find evidence in favour of this parental reputation model.