New results on assortative mating by educationhttp://dlvr.it/PZWX76
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That might be captured in the child and parental capital terms.
But polygenic heritable traits aren't passed along anything like 'human capital' effects through parenting, socialization, or education.
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You're right, the paper assumes "...utility of each agent is... deterministic component of agent’s consumption and investment choices"
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