Honest Grading, Grade Inflation and Reputation

Konferenzbeitrag

When grades lose their informative value because the percentage of students receiving the best grade rises without any corresponding increase in ability, this is called grade inflation. Conventional wisdom says that such grade inflation is unavoidable since it is essentially costless to award good grades. In this paper, we point out an effect driving into the opposite direction: Grade inflation is not actually costless, since it has an impact on future cohorts of graduates, or, put differently, by grading honestly, a school can build up reputation. Introducing a concern for reputation into an established signaling model of grading, we show that this mechanism reduces or even avoids grade inflation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2012: Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jahrhunderts - Session: Grading in School ; No. C13-V3

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Analysis of Education ; Higher Education; Research Institutions ; Asymmetric and Private Information; Mechanism Design

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ehlers, Tim ; Schwager, Robert
• Ereignis: Veröffentlichung
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/62051
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ