2007
DOI: 10.1016/j.euroecorev.2006.02.006
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Teaching versus research: A multi-tasking approach to multi-department universities

Abstract: We study the possible implications of incentive schemes as a tool to promote efficiency in the management of universities. In this paper, we show that by designing internal financial rules which create yardstick competition for research funds, a multi-department university may induce better teaching quality and research, as compared to the performance of independent departments. r

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Cited by 44 publications
(44 citation statements)
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“…In the Appendix we provide a detailed characterisation of these cases, while in the next section we discuss their implications. 10 …”
Section: Analysing the Budget Constraintmentioning
confidence: 99%
“…In the Appendix we provide a detailed characterisation of these cases, while in the next section we discuss their implications. 10 …”
Section: Analysing the Budget Constraintmentioning
confidence: 99%
“…For example, some units may negotiate on the allocation of teaching load among the members of the staff whereas some other units provide the possibility to hire doctoral students as teaching assistants. A salient perspective in the recent literature points to the possibility of identifying the factors which define whether there are trade-offs or synergies between teaching and research (see Del Rey 2001;Gautier and Wauthy 2007) and how well they can be taken into account in the strategic decisions of universities.…”
Section: Introductionmentioning
confidence: 99%
“…Our work is related to Becker (1975), McDowell andMelvin (1983), Maske et al (2003), Beath et al (2003) and Gautier and Wauthy (2007) who analyze the professor-time allocation problem in a static framework. While their approaches provide many useful insights into the issue of faculty management, they do not take into consideration the investment in human capital, which is a major feature of academic production.…”
Section: Introductionmentioning
confidence: 99%