de Carvalho Andrade, Eduardo; Castro, Luciano I. de - In: Economics - The Open-Access, Open-Assessment E-Journal 5 (2011), pp. 1-24
A parallel of education with transformative processes in standard markets suggest that a more severe control of the quality of the output will improve the overall quality of the education. This paper shows a somehow counterintuitive result: an increase in the exam diffculty may reduce the...