This article evaluates the impact of loss aversion as a behavioral motivator on students classroom performance. Conducting an experiment with University of Kentucky undergraduate students, the authors framed student grades as a loss and gain. In treatment sections, the students began with full marks and lost points as the semester progressed, whereas in control sections, under a traditional grading scheme, students accumulated points throughout the semester. We find that treated individuals, on average, do not have a statistically different final grade than individuals in the control class. However, we uncover a heterogeneous gender effect. On average, a male in the treatment class scores between 3.17 and 4.05 percentage points higher on the final grade than a male in the control class, ceteris paribus. Conversely, a female in the treatment class scores between 3.61 and 4.36 percentage points lower on the final grade than a comparable female in the control class.
JEL Classification: A
This paper provides a snapshot of undergraduate research at top 30 liberal arts institutions and top 30 national universities (based on U.S. News and World Report rankings, 2017). This description provides a broader perspective than exists in the literature as we identify departmental motivations for providing undergraduate research opportunities despite the lack of mandates. We also document the extent to which a variety of forms of undergraduate research occur (programmatically and by student numbers). Also included are descriptions of innovative approaches to promoting undergraduate research in light of constraints and methods for creating a culture conducive to undergraduate research.
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