Autore:
Bertola, Giuseppe
Titolo:
Performance in Pass-Fail Assessments.Periodico:
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper seriesAnno:
2024 - Volume:
3 - Fascicolo:
8 - Pagina iniziale:
1 - Pagina finale:
36Trading the cost of better performance o§ the probability that an imprecise testÃs
performance estimate falls short of the pass threshold, an assessee may perform
above the threshold (and fear failure because of negative errors) or below it (and
hope to pass because of positive errors). This paper characterizes in general and
with a speciÖc model how that choice depends on the testÃs precision and threshold,
which the assessor may choose to elicit high performance, and on other features of
the assesseeÃs problem, which the assessor must take as given and may not know
exactly. When it is costly for the assessor to increase precision and assessees are
heterogeneous it is optimal for some to fear failing, for others to hope to pass. This
is empirically true in the results of exams that conform to the modelÃs assumptions.
The model is also applicable to editorial and research funding processes.
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