Affirmative Action and Human Capital Investment: Evidence from a Randomized Field Experiment

Pre-College human capital investment occurs within a competitive environment and depends on market incentives created by Affirmative Action (AA) in college admissions. These policies affect mechanisms for rank-order allocation of college seats, and alter the relative competition between blacks and

大学前人力资本投资发生于竞争环境中，且依赖于大学招生中平权行动（Affirmative Action，AA）所创造的市场激励。这些政策影响大学席位的排名分配机制，并改变黑人与...之间的相对竞争。