State Change #34 - Reimagining Education with Jarad Pereira

In Brief: Institutional education today suffers from a perverse incentive: The educators define the method by which their own performance is measured. Jarad Pereira explains how his decentralized assessment platform can solve the problem.

Jarad describes a system comprised of assessment in which students are free to acquire skills and knowledge in any way they choose. When they wish to be assessed, they make a request to the Universal Education System which assigns multiple individuals who have been favorably assessed in the relevant skill to assess the student. After assessment is complete, the scores the assessors have given the student are compared. Outliers are penalized - indicating that they are divergent with educated opinion, while those convergent with the mean are rewarded. The student is scored based on the combined opinion of the assessors.

It’s a novel approach that combines economic incentive, game theory and decentralization.

Content: Jarad Pereira, Arthur Falls

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