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Relationships between Risk Attitude, Academic Performance, and the Likelihood of Drop-outs

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Abstract

Ekaterina Kochergina - Research Fellow, Yuri Levada Analytical Center Autonomous Nonprofit Organization. Address: 17 Nikolskaya str., 109012 Moscow, Russian Federation. E-mail: ekochergina@levada.ruIlya Prakhov - Candidate of Sciences in Economics, Associate Professor, Research Fellow, International Research Laboratory for Institutional Analysis of Economic Reforms, Center for Institutional Studies, National Research University Higher School of Economics. Address: 20 Myasnitskaya str., 101000 Moscow, Russian Federation. E-mail: iprahov@hse.ruRegression analysis is used to explore the relationship between students' risk attitudes and academic performance indicators: current academic achievement and the likelihood of dropping out. Using empirical data on students of a highly selective Russian university, we reveal a considerable positive correlation between risk acceptance and the likelihood of being expelled. We believe that conventional student integration and drop-out models could also consider such individual student characteristic as risk attitude. Normally, it did not use to be regarded as a factor influencing the likelihood of student departure. Risk attitude as an individual student characteristic can be involved in the process of academic integration, affecting its progress. More risk-averse students remain underintegrated in the academic environment, which is fraught with dropping out.

Suggested Citation

  • Ekaterina Kochergina & Ilya Prakhov, 2016. "Relationships between Risk Attitude, Academic Performance, and the Likelihood of Drop-outs," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 4, pages 206-228.
    • Handle: RePEc:nos:voprob:2016:i:4:p:206-228
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