Controlling the Resit Effect by Means of Investment Depreciation
In accordance with a rational model of study-time investment, we previously found that the prospect of a resit exam leads to lower investments of fictional study-time for a first exam opportunity in an investment game utilizing simulated exams. In the current study, we investigated whether the depre...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Ubiquity Press
2018-07-01
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| Series: | Journal of Cognition |
| Subjects: | |
| Online Access: | https://www.journalofcognition.org/articles/40 |
| _version_ | 1819319278270152704 |
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| author | Rob Nijenkamp Mark Nieuwenstein Ritske de Jong Monicque M. Lorist |
| author_facet | Rob Nijenkamp Mark Nieuwenstein Ritske de Jong Monicque M. Lorist |
| author_sort | Rob Nijenkamp |
| collection | DOAJ |
| description | In accordance with a rational model of study-time investment, we previously found that the prospect of a resit exam leads to lower investments of fictional study-time for a first exam opportunity in an investment game utilizing simulated exams. In the current study, we investigated whether the depreciation of one’s first-exam investment reduces the resit effect. Specifically, we investigated study-time investments for a simulated multiple-choice exam in which 0, 50, or 100% of the initial study-time investment was lost before the resit exam. In accordance with our predictions, we found that the magnitude of the resit effect decreased as investment depreciation increased. This finding suggests that the negative effect of resit exams on study-time investment may be countered by creating conditions under which investment depreciation (i.e. forgetting) is expected to occur, for instance, by increasing the temporal interval between the first attempt and resit exam. |
| first_indexed | 2024-12-24T11:01:09Z |
| format | Article |
| id | doaj.art-7029b3cae2164bbcbd20f5be5d6b3dce |
| institution | Directory Open Access Journal |
| issn | 2514-4820 |
| language | English |
| last_indexed | 2024-12-24T11:01:09Z |
| publishDate | 2018-07-01 |
| publisher | Ubiquity Press |
| record_format | Article |
| series | Journal of Cognition |
| spelling | doaj.art-7029b3cae2164bbcbd20f5be5d6b3dce2022-12-21T16:58:43ZengUbiquity PressJournal of Cognition2514-48202018-07-011110.5334/joc.4039Controlling the Resit Effect by Means of Investment DepreciationRob Nijenkamp0Mark Nieuwenstein1Ritske de Jong2Monicque M. Lorist3Department of Experimental Psychology, University of Groningen, Groningen; Research School of Behavioural and Cognitive Neurosciences, University of Groningen, GroningenDepartment of Experimental Psychology, University of Groningen, Groningen; Research School of Behavioural and Cognitive Neurosciences, University of Groningen, GroningenDepartment of Experimental Psychology, University of Groningen, Groningen; Research School of Behavioural and Cognitive Neurosciences, University of Groningen, GroningenDepartment of Experimental Psychology, University of Groningen, Groningen; Neuroimaging Center Groningen, University Medical Center Groningen, University of Groningen, Groningen; Research School of Behavioural and Cognitive Neurosciences, University of Groningen, GroningenIn accordance with a rational model of study-time investment, we previously found that the prospect of a resit exam leads to lower investments of fictional study-time for a first exam opportunity in an investment game utilizing simulated exams. In the current study, we investigated whether the depreciation of one’s first-exam investment reduces the resit effect. Specifically, we investigated study-time investments for a simulated multiple-choice exam in which 0, 50, or 100% of the initial study-time investment was lost before the resit exam. In accordance with our predictions, we found that the magnitude of the resit effect decreased as investment depreciation increased. This finding suggests that the negative effect of resit exams on study-time investment may be countered by creating conditions under which investment depreciation (i.e. forgetting) is expected to occur, for instance, by increasing the temporal interval between the first attempt and resit exam.https://www.journalofcognition.org/articles/40resit examsinvestment decisionsinvestment depreciationeducationmathematical modelingrationality |
| spellingShingle | Rob Nijenkamp Mark Nieuwenstein Ritske de Jong Monicque M. Lorist Controlling the Resit Effect by Means of Investment Depreciation Journal of Cognition resit exams investment decisions investment depreciation education mathematical modeling rationality |
| title | Controlling the Resit Effect by Means of Investment Depreciation |
| title_full | Controlling the Resit Effect by Means of Investment Depreciation |
| title_fullStr | Controlling the Resit Effect by Means of Investment Depreciation |
| title_full_unstemmed | Controlling the Resit Effect by Means of Investment Depreciation |
| title_short | Controlling the Resit Effect by Means of Investment Depreciation |
| title_sort | controlling the resit effect by means of investment depreciation |
| topic | resit exams investment decisions investment depreciation education mathematical modeling rationality |
| url | https://www.journalofcognition.org/articles/40 |
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