Examination rules and student effort

Jochen Michaelis and Benjamin Schwanebeck

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.

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Year of publication:	2016
Authors:	Michaelis, Jochen ; Schwanebeck, Benjamin
Publisher:	Marburg : Univ., Dep. of Business Administration & Economics
Subject:	student performance \| resits \| examination rules \| standard setting \| higher education \| Studierende \| Students \| Bildungsniveau \| Educational achievement \| Bildungsverhalten \| Educational behaviour \| Schüler \| Pupils \| Hochschule \| Higher education institution