Grade-Risk: An Insurable Event in the Classroom

Abstract
Grade-risk provides a powerful ally in establishing relevance between course content and the lives of students. As used in this article, grade-risk refers to the potential for the loss of points on examinations, quizzes, etc. This article describes the rationale and feasibility associated with the introduction of a student-centered grade insurance project that provides some measure of protection against grade-risk. The project engages students on multiple levels and in various capacities resulting in a significantly enriched learning experience. The authors include examples employed in their own classroom in demonstrating the feasibility and validity of grade insurance as a learning tool.
Volume
Vol. 7, No. 2, Fall
Page
189-195
Year
2004
Categories
Financial and Statistical Methods
Statistical Models and Methods
Publications
Risk Management and Insurance Review
Authors
Yu-Luen Ma
Nat Pope