What You Don’t Know... Can’t Hurt You? A Field Experiment on Relative Performance
Ghazala Azmat,
Manuel Bagues,
Antonio Cabrales and
Nagore Iriberri
No 788, Working Papers from Queen Mary University of London, School of Economics and Finance
Abstract:
This paper studies the effect of providing feedback to college students on their position in the grade distribution by using a randomised control experiment. This information was updated every six months during a three-year period. In the absence of treatment, students' underestimate their position in the grade distribution. The treatment significantly improves the students' self-assessment. We find that treated students experience a significant decrease in their educational performance, as measured by their accumulated GPA and number of exams passed, and a significant improvement in their self-reported satisfaction, as measured by survey responses obtained after information is provided but before students take their exams. Those effects, however, are short lived, as students catch up in subsequent periods. Moreover, the negative effect on performance is driven by those students who underestimate their position in the absence of feedback. Those students who overestimate initially their position, if anything, respond positively.
Keywords: Relative performance feedback; Ranking; Randomized field experiment; School performance (search for similar items in EconPapers)
JEL-codes: J44 J71 (search for similar items in EconPapers)
Date: 2016-03-30
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)
Downloads: (external link)
https://www.qmul.ac.uk/sef/media/econ/research/wor ... 2016/items/wp788.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:qmw:qmwecw:788
Access Statistics for this paper
More papers in Working Papers from Queen Mary University of London, School of Economics and Finance Contact information at EDIRC.
Bibliographic data for series maintained by Nicholas Owen ( this e-mail address is bad, please contact ).