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1. a. Read this summary of a journal article about education and the recent uprisings in the Middle
b. Model the decision whether to participate in a rally like our two period model about the decision of a high school graduate deciding whether to attend college.
i. What are the direct costs of participating in a rebellion? (e.g. H)
ii. What are the foregone wages for these individuals who are receiving relatively low wages before the uprisings? (w1)
iii. Thinking about what the protesters wanted, what would be the relationship between first period wages and the expected wages for the second period (assuming the protest is successful)? (w2)
iv. What conclusions can we draw about who will participate in the uprisings?
2. Does doing drugs reduce educational attainment?
a. What do the authors find? Do you agree or disagree with their findings?
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Agency by Ratification So then Agency by ratification can only arise whether: The agent purported for act to a principal and one is The alleged principal was in exi
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