Loss aversion as a motivator for engagement with peer assessment
Gillanders, RobertORCID: 0000-0001-9462-0005, Karazi, ShadiORCID: 0000-0002-8887-0873 and O’Riordan, Fiona
(2020)
Loss aversion as a motivator for engagement with peer assessment.
Innovations in Education and Teaching International, 57
(4).
pp. 424-433.
ISSN 1470-3297
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Abstract
Loss aversion has been shown to influence decision making in a host of social and economic
contexts. This paper presents a novel assessment strategy that seeks to address issues of
student engagement and academic integrity through the combination of the concepts of loss
aversion and peer-assessment. Students faced the possibility of losing a small number of the
marks they had previously “earned” in a task in which they were required to accurately grade
a peer’s work. A detailed rubric was designed to support students grading the work. Based
on data collected via a survey and interviews, we show that students, despite disliking this
assessment strategy, were more engaged in the assessment and felt that their critical thinking
skills were enhanced as a result of this approach. The implications from this study includes
the need for detailed guidance for students through, for example, rubrics, lecturer accessibility
and exemplars.
Item Type:
Article (Published)
Refereed:
Yes
Uncontrolled Keywords:
Peer assessment; loss aversion; rubrics; virtual learning environment (VLE)