Grading exams: 100,99,98,…100,99,98,… or A,B,CA,B,C?☆

Games and Economic Behavior(2010)

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摘要
We introduce grading into games of status. Each player chooses effort, producing a stochastic output or score. Utilities depend on the ranking of all the scores. By clustering scores into grades, the ranking is coarsened, and the incentives to work are changed.
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关键词
C70,I20,I30,I33
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