Rational students and resit exams

P. Kooreman

doi:10.1016/j.econlet.2012.10.015

Rational students and resit exams

P. Kooreman

Research output: Contribution to journal › Article › Scientific › peer-review

11 Citations (Scopus)

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.

Original language	English
Pages (from-to)	213-215
Journal	Economics Letters
Volume	118
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2012.10.015
Publication status	Published - 2013

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10.1016/j.econlet.2012.10.015

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Rational students and resit exams

Abstract

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