Exam precision and learning effort

Giuseppe Bertola

Economics Letters, 2021, vol. 207, issue C

Abstract: The learning effort that determines the probability of passing an imprecise exam can decrease when the exam becomes more precise, and certainly does when the failure probability reaches or approaches zero. If the distribution of the measurement errors that trigger random failure is approximately normal, effort is maximum when precision implies a failure probability of about 16%.

Keywords: Principal–agent; Higher education (search for similar items in EconPapers)
JEL-codes: I22 I28 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:207:y:2021:i:c:s0165176521002974

DOI: 10.1016/j.econlet.2021.110020

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