Examination Rules and Student Effort
Jochen Michaelis and
Benjamin Schwanebeck ()
MAGKS Papers on Economics from Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)
This paper contributes to the economics of examination rules. We show how rational students reallocate their learning effort as a response to a charge for the second exam attempt, a cap on the maximum resit mark, an adjustment of the passing standard, a variation of the time span between two attempts, a minimum requirement to qualify for the second attempt, and a malus points account. The effort maximizing rule is the malus account, a charge for the second attempt delivers the highest overall passing probability.
Keywords: student performance; resits; examination rules; standard setting; higher education (search for similar items in EconPapers)
JEL-codes: D81 I21 I23 (search for similar items in EconPapers)
Pages: 14 pages
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Journal Article: Examination rules and student effort (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:mar:magkse:201604
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