Pyne define moral hazard as changing one’s behavior to prevent failure but one may not know all the risk that yet to come. Moral hazard is not based on what is considered right but what provides the highest level of benefit, hence the reference to morality. In comparison of moral hazard, offering the opportunities of extra credit allows students to use that as a clutch. For example, John doesn't have insurance on his car, so he decides not to drive due to the risk of an accident. John then purchases insurance and begins driving again. Nevertheless, there is still a chance of John being in an accident. Just how John used car insurance as a clutch to drive again, students use extra credit as a clutch to get higher grades. However, there is …show more content…
By doing this I am showing how extra credit is useful for students despite some of the negatives aspects teachers may think about it. Extra credit usually reflects what students are currently learning although it may not been taught. So giving extra credit allow students to interact with different learning techniques that might not originally be used in the classroom. Extra credit assignments allow teachers to encourage learning outside of the classroom, increasing students interest in learning from the real-world. Offering extra credit to students who visit science museums and write a paragraph about an exhibit that relates to our class encourage learning outside the class. Extra credit for students who are working hard but are still behind in class keep students continually engaged with their own learning. In this way, using extra credit as a clutch is useful and not an expectation but yet deserved. However, rewarding extra credit for things like reading might cause students to stop reading once there’s no longer an incentive but If learning is the goal and students haven’t learned important content, extra credit offers a second chance to master the material. Students are motivated to do it, so why not take advantage by creating a strong learning opportunity. Many teachers think extra credit is useless and distract students from their main assignments but extra credit