Ehlers, Tim; Schwager, Robert - In: CESifo economic studies : CESifo, a joint initiative of … 62 (2016) 3, pp. 506-521
impact on future cohorts of graduates, or, put differently, by grading honestly, a school can build up reputation …. Introducing a concern for reputation into an established signalling model of grading, we show that this mechanism reduces or even …