ERIC Number: EJ1429759
Record Type: Journal
Publication Date: 2024
Pages: 13
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: EISSN-1469-5782
Examining Grade Loss Aversion -- The Importance of Reference Points
Education Economics, v32 n4 p510-522 2024
Goal setting and grade loss aversion have individually been found to be effective motivators for student performance. We combine these two strategies to investigate, in a university setting, the effectiveness of grade endowment within a goal-setting framework. Our participants set grade goals which some must earn the traditional way, thus framed as 'gains', while others are awarded their target grade upfront, thus framed as 'losses'. We find a positive impact of goal setting on student performance. We also find that the effect of grade goals framed as 'losses' is numerically, but not statistically, greater than those framed as 'gains'.
Descriptors: Undergraduate Students, Economics Education, Goal Orientation, Academic Achievement, Achievement Gains, Student Educational Objectives, Academic Failure, Incentives, Student Motivation, Academic Aspiration
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A