Joint-Liability vs. Individual Incentives in the Classroom. Lessons from a Field Experiment with Undergraduate Students
We evaluate the impact of joint-liability incentives in the classroom using a randomized field experiment. The instructor designs groups of three students in the classroom and provides a premium to their homework's grade only if all three members of the group meet some requirements. To isolate the joint-liability effect from selfish motivations, we also design an individual incentives treatment. We find that joint-liability incentives impact positively on the grades attained in homework and midterm exams both in experimental courses and in other courses taken by the students in the semester. Though the average positive effect seems to disappear in final exams, the overall impact of joint-liability incentives on the academic achievements in the semester is still positive. A drawback of this program is a decrease in classmate satisfaction. The significant effectiveness of the peer monitoring developed by joint-liability incentives in a group provides novel implications for the design of grading policies in the classroom and for other social settings where incentives may be based in peer monitoring or joint liability.
|Date of creation:||2012|
|Date of revision:|
|Contact details of provider:|| Postal: Prudencio de Pena 2440, Montevideo 11600|
Web page: http://www.um.edu.uy/cee/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robertas Zubrickas, 2010.
IEW - Working Papers
487, Institute for Empirical Research in Economics - University of Zurich.
- Guinnane, T. & Banerjee, A. & Besley, T., 1993.
"Thy Neighbor's Keeper: the Design of a Credit Cooperative with Theory and a Test,"
705, Yale - Economic Growth Center.
- Abhijit V. Banerjee & Timothy Besley & Timothy W. Guinnane, 1994. "Thy Neighbor's Keeper: The Design of a Credit Cooperative with Theory and a Test," The Quarterly Journal of Economics, Oxford University Press, vol. 109(2), pages 491-515.
- Leonardo Becchetti & Fabio Pisani, 2010. "Microfinance, subsidies and local externalities," Small Business Economics, Springer, vol. 34(3), pages 309-321, April.
- repec:oup:restud:v:78:y:2011:i:4:p:1237-1263 is not listed on IDEAS
- Becker, Gary S & Murphy, Kevin M, 1988.
"A Theory of Rational Addiction,"
Journal of Political Economy,
University of Chicago Press, vol. 96(4), pages 675-700, August.
- Gary S. Becker & Kevin M. Murphy, 1986. "A Theory of Rational Addiction," University of Chicago - George G. Stigler Center for Study of Economy and State 41, Chicago - Center for Study of Economy and State.
- Angrist, Joshua & Lang, Daniel W. & Oreopoulos, Philip, 2007.
"Incentives and Services for College Achievement: Evidence from a Randomized Trial,"
IZA Discussion Papers
3134, Institute for the Study of Labor (IZA).
- Philip Oreopoulos & Daniel Lang & Joshua Angrist, 2009. "Incentives and Services for College Achievement: Evidence from a Randomized Trial," American Economic Journal: Applied Economics, American Economic Association, vol. 1(1), pages 136-63, January.
- Dobkin, Carlos & Gil, Ricard & Marion, Justin, 2010. "Skipping class in college and exam performance: Evidence from a regression discontinuity classroom experiment," Economics of Education Review, Elsevier, vol. 29(4), pages 566-575, August.
- repec:oup:restud:v:78:y::i:4:p:1237-1263 is not listed on IDEAS
- Gary Charness & Uri Gneezy, 2009.
"Incentives to Exercise,"
Econometric Society, vol. 77(3), pages 909-931, 05.
- Charness, Gary B & Gneezy, Uri, 2008. "Incentives to Exercise," University of California at Santa Barbara, Economics Working Paper Series qt3tc3j5x7, Department of Economics, UC Santa Barbara.
- Jeffrey R Kling & Jeffrey B Liebman & Lawrence F Katz, 2007.
"Experimental Analysis of Neighborhood Effects,"
Econometric Society, vol. 75(1), pages 83-119, 01.
- Mariano Tommasi & Federico Weinschelbaum, 2007.
"Principal-Agent Contracts under the Threat of Insurance,"
Journal of Institutional and Theoretical Economics (JITE),
Mohr Siebeck, Tübingen, vol. 163(3), pages 379-393, September.
- Mariano Tommasi & Federico Weinschelbaum, 2004. "Principal-Agents Contracts Under the Threat of Insurance," Working Papers 69, Universidad de San Andres, Departamento de Economia, revised Apr 2004.
- Swinton, Omari H., 2010. "The effect of effort grading on learning," Economics of Education Review, Elsevier, vol. 29(6), pages 1176-1182, December.
- Darren Grant & William Green, 2013. "Grades as incentives," Empirical Economics, Springer, vol. 44(3), pages 1563-1592, June.
When requesting a correction, please mention this item's handle: RePEc:mnt:wpaper:1206. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Juan José Irisarri)
If references are entirely missing, you can add them using this form.