Achievement Rank Affects Performance and Major Choices in College
|Title:||Achievement Rank Affects Performance and Major Choices in College||Authors:||Elsner, Benjamin; Isphording, Ingo E.; Zölitz, Ulf||Permanent link:||http://hdl.handle.net/10197/12224||Date:||Apr-2021||Online since:||2021-05-31T11:47:44Z||Abstract:||This paper studies how a student’s ordinal rank in a peer group affects performance and specialisation choices in university. By exploiting data with repeated random assignment of students to teaching sections, we find that a higher rank increases performance and the probability of choosing related follow-up courses and majors. We document two types of dynamic effects. First, earlier ranks are less important than later ranks. Second, responses to rank changes are asymmetric: improvements in rank raise performance, while decreases in rank have no effect. Rank effects partially operate through students’ expectations about future grades.||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Start page:||1||End page:||54||Series/Report no.:||UCD Centre for Economic Research Working Paper Series; WP2021/10||Copyright (published version):||2021 the Authors||Keywords:||Rank; Social comparisons; Higher education; Peer effects||JEL Codes:||I21; J16; J31||Language:||en||Status of Item:||Peer reviewed||This item is made available under a Creative Commons License:||https://creativecommons.org/licenses/by-nc-nd/3.0/ie/|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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