Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174968
Authors: 
Schwager, Robert
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 6845
Abstract: 
The direct democratic choice of an examination standard, i.e., a performance level required to graduate, is evaluated against a utilitarian welfare function. It is shown that the median preferred standard is inefficiently low if the marginal cost of reaching a higher performance reacts more sensitively to ability for high than for low abilities, and if the right tail of the ability distribution is longer than the left tail. Moreover, a high number of agents who choose not to graduate may imply that the median preferred standard is inefficiently low even if these conditions fail.
Subjects: 
examination
school
drop-outs
democracy
median voter
JEL: 
I21
D72
I28
Document Type: 
Working Paper

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