Template-type: ReDIF-Paper 1.0
Author-Name: Bertola, Giuseppe
Author-Email:giuseppe.bertola@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Performance in Pass-Fail Assessments.
Abstract: Trading the cost of better performance o§ the probability that an imprecise testís
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 testís precision and threshold,
which the assessor may choose to elicit high performance, and on other features of
the assesseeís 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 modelís assumptions.
The model is also applicable to editorial and research funding processes.
Length: pages 36
Creation-Date: 2024-04
File-URL: https://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2024dip/wp_08_2024.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:202408