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CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

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Page 1: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION

Economics PARADIGM DISCIPLINE AREAS

EPPL 604

Dr. Joyce VanTassel-Baska

College of William and Mary

Page 2: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

The science of economics is based on the premise that the distribution of resources in an economy is tied to the choices human beings make. Scarcity plays a major role in these choices because resources are limited but wants can be unlimited.

Page 3: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Economic debate centers around three main issues:

• The appropriate model of the economy

• How to interpret data to make predictions about the economy

• Policy decisions based on value conflict

Page 4: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary
Page 5: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Benefits of on-the-job training

• Coupled with experience yields high earnings

• Attachment• Stability with company

However,Productivity is not due to training nor does it rise with experience.

Page 6: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Societal Discrimination• Socialization

• Gender-appropriate traits and competencies

• Fear of success

• Biased evaluations

• Discrimination by education institutions

What accounts for sex differences in human capital investments?• Women have shorter more disrupted work

lives and skills depreciate.

Page 7: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

New Directions

• Role models

• Mentor-protégé system

• Access to informal networks

• Open choice of fields

Page 8: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Transaction – Cost Economics:

(Used as appraisal framework for reform initiatives)

Implied Contracting Process = planning, promise, competition, or governance

Components to be assessed:1) Bounded rationality (people have limitations in

translations due to skills, attitude, knowledge)2) Opportunism (self-initiated) lack of obedience,

personal integrity and competence 3) Asset specificity (skills embedded in experience)

personal integrity and competence

Page 9: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Transactions = cost reasoning assumes each contracting

arrangement will fail

• Planning discourse of bounded rationality (hard to account for all contingencies)

• Promising because of opportunism

• Pure market when assets are at risk (they meet safeguards)

Page 10: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Table 1: Attributes of the Contracting Process

Bounded rationality

Opportunism Asset specificity

Implied contracting

process

0

+

+

+

+

0

+

+

+

+

0

+

Planning

Promise

Competition

Governance

Note: Williamson, 1985, p. 31

Source: House, E. (1996)

Page 11: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Table 2: Attributes of Educational Reforms

Bounded rationality

Opportunism Asset specificity

Reforms

0

?

0

?

0

+

+

0

0

0

+

+

?

+

+

+

+

0

+

+

+

National goals

National standards

Decentralization

Open markets

Performance incentives

Self-assessment

Central Park East

Note: After Williamson, 1985

Source: House, E. (1996)

Page 12: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

Central Park East

• Small (N=300)• Teacher connections (peer

coaching/observations, compensation)• Reducing administration hierarchy to a

strategic staff• Autonomous and unregulated• Schools of choice model• Dynamic staff development• Self-assessment ongoing

Page 13: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

For reform to be successful, schools must:

• Accommodate bounded rationality

• Control opportunism

• Recognize the value of specific assets

Page 14: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

PARADIGM ELEMENTSECONOMICS

ONTOLOGY Social life results from the distribution of goods and services/resources

Division of labor

EPISTEMOLOGY Resources are exchanged

Amount of nature of acquisition of resources determine social interaction – based on

incentives and preferences

METHODOLOGY Analysis of resources, their distribution, and ramifications

AXIOLOGY Understanding of resource distribution modes, rationale, and strategies

Page 15: CROSS-DISCIPLINARY PERSPECTIVES IN EDUCATION Economics PARADIGM DISCIPLINE AREAS EPPL 604 Dr. Joyce VanTassel-Baska College of William and Mary

“Sometimes change is directly visible, but sometimes it’s apparent only to peripheral vision, altering the meaning of the foreground (p.6).”

Bateson, 1994