J. Lewer, Colin Corbett, Tanya M. Marcum, Jannett Highfill
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Modeling Student Effort: Flat Tires and Dead Batteries
This article develops a student effort model that considers several uncertainties students face: the chance of missing an exam as well as the uncertainty associated with translating knowledge into an exam grade. The model suggests that student effort increases when makeup exams are offered and when grading protocols are adopted that reduce knowledge-to-grade frictions; effects on student utility depend on time endowments, and leisure preferences. JEL Classifications: A20, D81, I21