Why do peers influence college major selection?

Why do peers influence people's choices? Is it for information (social learning) or for socializing (social utility)? Exploiting unique data and natural experiments from the United States Naval Academy (USNA), we analyze data on major selections of USNA students. We find peers influence students int...

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Publicado en:Economic Inquiry Vol. 63; no. 3; pp. 715 - 740
Autores principales: Insler, Michael A., Rahman, Ahmed S., Smith, Katherine A.
Formato: Artículo
Publicado: Wiley-Blackwell Jul2025
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Why do peers influence college major selection?
      aug:
        au:
          Insler, Michael A.
          Rahman, Ahmed S.
          Smith, Katherine A.
        affil:
          Department of Economics, United States Naval Academy, Annapolis Maryland,, USA
          Department of Economics, College of Business and Economics, Lehigh University, Bethlehem Pennsylvania,, USA
      su:
        Peer pressure
        Social learning
        Peers
        Naval education
        College majors
      sug:
        subj:
          Peer pressure
          Social learning
          Peers
          Naval education
          College majors
      keyword:
        herding
        higher education
        major selection
        peer effects
        social utility
        herding
        higher education
        major selection
        peer effects
        social utility
      ab: Why do peers influence people's choices? Is it for information (social learning) or for socializing (social utility)? Exploiting unique data and natural experiments from the United States Naval Academy (USNA), we analyze data on major selections of USNA students. We find peers influence students into selecting different academic paths than they would have chosen independently. Through random reassignments, "shot‐guns", of students into new peer groups along with random assignments into courses, we explore the reasons why herding occurs. Evidence suggests that social learning, as opposed to social utility, is an important driver for herding behavior.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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