Autori:
Bertola, Giuseppe,
Dughera, StefanoTitolo:
Strategic Interactions in Education: Threshold-triggered compensation of complementary inputs.Periodico:
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper seriesAnno:
2024 - Volume:
2 - Fascicolo:
3 - Pagina iniziale:
1 - Pagina finale:
35Interactions between teachers and students depend on the compensation scheme for
their complementary contributions to production of education. Should inputs be re-
warded by constant unit prices, strategic complementarity would induce students to
study more when better paid teachers work harder. In reality students and teachers
are rewarded discretely when their joint output exceeds the threshold for passing
exams and completing degrees. In a simple certainty setting where some agents pre-
commit their input, and in plausible configurations of a more realistic setting where simultaneous input choices continuously determine the probability that joint output
exceeds a threshold, inputs are strategic substitutes: students work less if teachers
work harder, and vice versa. This insight makes it possible to characterize theo-
retically efficient threshold-triggered compensation schemes and helps interpret the
often inefficient outcomes observed not only in education, but also when coauthors
of academic papers or athletes in team sports are discretely rewarded for their joint
publications or victories.
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