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Rational students and resit exams

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  • Kooreman, Peter
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    Abstract

    Resit exams–extra opportunities to do an exam in the same academic year–are widely prevalent in European higher education, but uncommon in the US. I present a simple theoretical model to compare rational student behavior in the case of only one exam opportunity versus the case of two exam opportunities. Numerical examples for a wide range of plausible parameter values show that a second exam opportunity increases the ultimate passing probability only slightly, but strongly reduces the average total student effort.

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    Bibliographic Info

    Article provided by Elsevier in its journal Economics Letters.

    Volume (Year): 118 (2013)
    Issue (Month): 1 ()
    Pages: 213-215

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    Handle: RePEc:eee:ecolet:v:118:y:2013:i:1:p:213-215

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    Web page: http://www.elsevier.com/locate/ecolet

    Related research

    Keywords: Frequency of examinations; Education production function; Rationality;

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    1. Costrell, Robert M, 1994. "A Simple Model of Educational Standards," American Economic Review, American Economic Association, vol. 84(4), pages 956-71, September.
    2. Maria De Poala & Vincenzo Scoppa, 2010. "Frequency Of Examinations And Student Achievement In A Randomized Experiment," Working Papers 201019, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
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