Tuesday, December 30, 2008

Two Tiered Teacher Contract

An interesting "innovation," separate high ability teachers from low ability teachers by offering a choice of two contracts, one with low powered incentives that low ability folk take, and one with high powered incentives that high ability teachers will select into. Something you learn in day 1 of a (econ) contract theory class (contract theory means very different things in poli sci and different again in law). And then you spend the rest of the semester learning far more complicated contracts. So it amusing that actually using that day 1 invention is considered novel enough to be an idea of the year.

Amusing, but not surprising.
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