Economic Behavior of Student Evaluations of Teaching : A Theoretical and Empirical Analysis

Student evaluations of teaching represent an economic behavior between professors and students and have been viewed as a game. In this paper, I apply a static game to address their behaviors and determine a Nash Equilibrium. Moreover, a simultaneous framework is developed to investigate the relationship between students' midterm grades and teaching effectiveness. Results reveal that they are positively and significantly related. Further, an implied issue is discussed and suggests that grade inflation may occur in the midterm rather than in the final