Titelaufnahme

Titel
Rank incentives and social learning : evidence from a randomized controlled trial / Loretti Isabella Dobrescu (University of New South Wales), Marco Faravelli (University of Queensland), Rigissa Megalokonomou (University of Queensland and IZA), Alberto Motta (University of New South Wales) ; IZA Institute of Labor Economics
VerfasserDobrescu, Loretti Isabella ; Faravelli, Marco ; Megalokonomou, Rigissa ; Motta, Alberto
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, June 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (46 Seiten) : Diagramme
SerieDiscussion paper ; no. 12437
URNurn:nbn:de:hbz:5:2-194167 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Rank incentives and social learning [0.68 mb]
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Zusammenfassung (Englisch)

In a 1-year randomized controlled trial involving thousands of university students, we provide real-time private feedback on relative performance in a semester-long online assignment. Within this setup, our experimental design cleanly identifies the behavioral response to rank incentives (i.e., the incentives stemming from an inherent preference for high rank). We find that rank incentives not only boost performance in the related assignment, but also increase the average grade across all course exams taken over the semester by 0.21 standard deviations. These beneficial effects remain sizeable across all quantiles and extend beyond the time of the intervention. The mechanism behind these findings involves social learning: rank incentives make students engage more in peer interactions, which lead them to perform significantly better across the board. Finally, we explore the virtues of real-time feedback by analyzing a number of alternative variations in the way it is provided.