Semantron 2014

justify the unjust salaries of those brave enough to participate in such a system. The corruptive effects of exam based pay on the teaching profession and education of

students are so large, its benefits so non- existent and its potential to waste money when money is scarce so great, that I can find no reason to support it in any form.

Bibliography

1. Herford, Tim. ÂCross Town Traffic.Ê The Undercover Economist. New York: Random House Trade Paperbacks, 2007. Print. 2. Viagra, Jevons. ÂExam Boards Scandal: The Economic Pressures That Broke the System.Ê The Guardian. Guardian News and Media, 08 Dec. 2011. Web. 1 Aug. 2013. 3. Butler, Emanon, Dr. Public Choice- A Primer. London: Institute of Economic Affairs, 2012. 36. 4. Marsden, Sam. ÂPupils Sit Same Exam with Different Boards to Improve Results.Ê The Telegraph. Telegraph News and Media, 21 Dec. 2012. Web. 18 Aug. 2013. 5. Harris, Sarah. ÂStudents 'penalized for Displaying Too Much Knowledge in GCSEs'Â Mail Online. Daily Mail News and Media, 6 July 2006. Web. 01 Sept. 2013. 6. Seldom, Anthony. ÂDeveloping Good Character Matters More than Passing Exams www.actionforhappiness.org/. Action for Happiness, 4 Feb. 2013. Web. 27 July 2013. 7. Marsden, David, Stephen French, and Katsuyuki Kobi. ÂPrincipal-Agent Moral Hazard Analysis of Performance Pay.Ê Why Does Performance Pay Demotivate? Financial Incentives Versus Performance Appraisal. London: London School of Economics, 2000. 3. Print. 8. Kahneman, Daniel, Prof. ÂThe Law of Small Numbers.Ê Thinking, Fast and Slow. New York: Farrar, Straus and Giroux, 2011. Print.

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