CONTRACTS WITH ACADEMIC ADMINISTRATORS AND THE QUALITY OF HIRING IN THE UNIVERSITY
Table of contents
Share
QR
Metrics
CONTRACTS WITH ACADEMIC ADMINISTRATORS AND THE QUALITY OF HIRING IN THE UNIVERSITY
Annotation
PII
S042473880000600-9-1
Publication type
Article
Status
Published
Pages
62-74
Abstract

In this paper we study the influence of academic and administrative contracts on the quality of hiring in the case when the choice of an academic position is a strategic one for a professor. Successful functioning of a university requires effective hiring. Since the talent of candidates at academic market is often unobservable for the university executive, the hiring is delegated to those who are better informed. Usually the most informed agents are heads of departments. In some universities such administrative positions are permanent, while in the other universities there is a regular rotation. Moreover in higher education both short term academic contracts and tenure contracts are present. Using a game theoretical model we study the emergence of moral hazard in hiring under different contract systems. We show that professors with low level of academic talent do not want to risk their career in case of a short academic term contract. Use of a short term administrative contract in this case negatively affects their stimulus for hiring more talented candidates; hence, the development of university is hindered. It is shown that both tenure contract and long term administrative contact without a right of termination permit to mitigate this problem and result in hiring of more talented candidates. The constructed model provides a possible explanation for rotation of heads of department in some universities and for existence of practically permanent heads of department in other universities.

Keywords
tenure, academic contracts, university, job security
Date of publication
01.10.2017
Number of purchasers
4
Views
876
Readers community rating
0.0 (0 votes)
Cite   Download pdf

References



Additional sources and materials

Boyko L. (2009). An Examination of Academic Department Chairs in Canadian Universities: tes. Toronto: University of Toronto.

Boyko L., Jones G.A. (2010). The Roles and Responsibilities of Middle Management (Chairs and Deans) in Canadian Universities. In: “The Changing Dynamics of Higher Education Middle Management”. Vol. 33. P. 83–102. Dordrecht: Springer Netherlands.

Carmichael H.L. (1988). Incentives in Academics: Why Is there Tenure? The Journal of Political Economy, 96, 3, 453–472.

Carroll J.B. (1991). Career Paths of Department Chairs: A National Perspective. Research in Higher Education, 32, 6, 669–688.

Dnes A., Garoupa N. (2005). Academic Tenure, Post tenure Effort, and Contractual Damages. Economic Inquiry, 43, 4, 831–839.

Finkelstein M., Iglesias K., Panova A., Yudkevich M. (2015). Future Prospects for Young Faculty Across the Academic World. In: “Young Faculty in the Twenty-First Century: International Perspectives”, 321–350.

Goedegebuure L., Boer H. de (1996). Governance and Decision-Making in Higher Education. Tertiary Education and Management, 2, 2, 160–169.

Kahn C., Huberman G. (1988). Two-Sided Uncertainty and “Up-or-Out” Contracts. Journal of Labor Economics, 6, 4, 423–444.

McPherson M. S., Schapiro M.O. (1999). Tenure Issues in Higher Education. The Journal of Economic Perspectives, 13, 1, 85–98.

McPherson M. S., Winston G.C. (1983). The Economics of Academic Tenure: A Relational Perspective. Journal of Economic Behavior & Organization, 4, 2–3, 163–184.

O’Flaherty B., Siow A. (1991). Promotion Lotteries. Journal of Law, Economics, & Organization, 7, 2, 401–409.

Panova A., Yudkevich М. (2011). Tenure System in Universities: Models and Explanations. Educational Studies Moscow, 1, 44–72 (in Russian).

Panova A.A. (2015). Administrative Staff in Modern Universities: International Experience Analysis. Journal University Management: Practice and Analysis, 6, 129–138 (in Russian).

Vasin S., Reznik D., Sazykina O. (2003). The head of the department: features of a collective portrait. Sociological Studies (Socis), 6, 106–108 (in Russian).

Comments

No posts found

Write a review
Translate