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ERIC Number: EJ1048162
Record Type: Journal
Publication Date: 2015
Pages: 14
Abstractor: As Provided
Reference Count: 18
ISSN: ISSN-0964-5292
Are Grade Expectations Rational? A Classroom Experiment
Hossain, Belayet; Tsigaris, Panagiotis
Education Economics, v23 n2 p199-212 2015
This study examines students' expectations about their final grade. An attempt is made to determine whether students form expectations rationally. Expectations in economics, rational or otherwise, carry valuable information and have important implications in terms of both teaching effectiveness and the role of grades as an incentive structure for students. This study focuses on the predictors of the students' final grade as they relate to their expectations. Our findings indicate that on average, the rational expectations (REs) framework does not accurately describe students' grade expectations. Expectations, although sluggish, improve as students gather information on their actual performance during the semester. Even though overconfidence is the norm, there could be some students who follow closely the REs hypothesis.
Routledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site:
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Canada