College Better: Parimutuel Betting Markets as a Commitment Device and Monetary Incentive
Aloha! My name is Lester Lusher and you are invited to take part in a research study. I am a professor at the University of Hawai'i at Mānoa in the Department of Economics. The purpose of my project is to evaluate the effectiveness of an online program called “CollegeBetter.” No more than 3,000 students will join the study.
CollegeBetter is a program that I designed to learn if money motivates students to raise their cumulative GPAs by the end of the semester. The CollegeBetter program is conducted entirely online through the website www.collegebetter.com. If you choose to participate in this research project, you will sign up online through the website www.collegebetter.com. I am asking you to participate because you are an undergraduate at UH Mānoa taking 12 or more credits toward a letter grade in the Spring 2019 Semester. Participants must have been enrolled at the University of Hawaii at Mānoa for at least one semester prior to the Spring 2019 Semester. All undergraduate students at the University of Hawaii at Mānoa are invited to participate in this research study, prior to the buy-in term.
Activities and Time Commitment: If you participate in this project, after the consent process and if you agree to participate, here is what you will do:
I may not be able to accept everyone who wants to participate because there is a limit to the number of participants.
Benefits and Risks: There will be no direct benefit to you for participating in this research project. The results of this project may help researchers like me understand what motivates students to increase their GPA, specifically, if money is an effective incentive. I believe there is little risk to you for participating in this research project. You may experience disappointment and/or emotional distress if you were not able to raise your GPA by the end of the semester and consequently receive a portion of the buy-in amount. The Counseling and Student Development Center is available to provide counseling support to students at the Queen Liliʻuokalani Center for Student Services, Room 312, Phone: (808) 956-7927.
Privacy and Confidentiality: I will strip and de-identify data upon collection of participant transcripts. All data storage will be on a secure server stored in a room that only I, Lester Lusher, will have access to. There will be no link the participant responses or grades to the actual student. Other agencies that have legal permission have the right to review research records. The University of Hawai'i Human Studies Program has the right to review research records for this study.
Participants will give the researchers an electronic signature that will provide permission to access their transcripts directly from the university, instead of requesting a paper copy. When I report the results of my research project, I will not use your name. I will not use any other personal identifying information that can identify you. I will use pseudonyms (fake names) and report my findings in a way that protects your privacy and confidentiality to the extent allowed by law.
Voluntary Participation: Your participation in this project is completely voluntary. You may stop participating at any time. Your choice to participate or not participate will not affect your grades, class standing, or relationship with the University. Participants who choose to withdraw will receive a full refund of their buy-in money if they withdraw by January 25, 2019, . If the project has begun, participants can still withdraw themselves from the study but will not get their buy-in fee back.
Questions: If you have any questions about this study, please call or email me, Lester Lusher at 5109385223 and email@example.com or firstname.lastname@example.org
You may contact the UH Human Studies Program at 808.956.5007 or email@example.com to discuss problems, concerns and questions; obtain information; or offer input with an informed individual who is unaffiliated with the specific research protocol. Please visit https://www,hawaii.edu/researchcompliance/information-research-participants for more information on your rights as a research participant.
If you agree to participate in this project, please sign and date the signature page below. Please keep a copy of this consent form for your records and reference. After completing the sign-up sheet, please submit your $20 via PayPal or Venmo below.
Once you've completed the form above submit your fee $20 below!
Upon arriving to the PayPal or Venmo page, enter in $20 for your buy-in fee. Note that you can pay with credit card through PayPal.