Graduation Year

2020

Date of Submission

5-2020

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Jeffrey Flory

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2020 Ruben Castro

Abstract

There are few studies exploring the role of aspirations in decision making and well-being, although the topic has become more salient in recent years. This analysis adds to the literature on aspirations by using data collected from a field-experiment in Senegal, in which players are asked to play a game of card matching. Through this, the analysis looks at the influence of aspirations in decision making, as well as the role of intervention in aspiration formation and performance. Individuals are shown to give up on their aspirations in favor of a reward, and there is evidence of altering aspirations based on treatment. Performance, however, seems to not be affected by intervention.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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