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)
Abstract:
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
Date: 2016
New Economics Papers: this item is included in nep-edu
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Citations: View citations in EconPapers (7)
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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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