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Multi-dimensional contracts with task-specific productivity: an application to universities

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  • Alexis Walckiers

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  • Alexis Walckiers, 2008. "Multi-dimensional contracts with task-specific productivity: an application to universities," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 15(2), pages 165-198, April.
    • Handle: RePEc:kap:itaxpf:v:15:y:2008:i:2:p:165-198
    DOI: 10.1007/s10797-007-9051-y
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    2. Ward-Warmedinger, Melanie & Euwals, Rob, 2000. "What Matters Most: Teaching or Research? Empirical Evidence on the Remuneration of British Academics," CEPR Discussion Papers 2628, C.E.P.R. Discussion Papers.
    3. Koshal, Rajindar K. & Koshal, Manjulika, 1999. "Economies of scale and scope in higher education: a case of comprehensive universities," Economics of Education Review, Elsevier, vol. 18(2), pages 269-277, April.
    4. William E. Becker & Peter E. Kennedy, 2005. "Does Teaching Enhance Research in Economics?," American Economic Review, American Economic Association, vol. 95(2), pages 172-176, May.
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    6. Dennis W. Carlton & Gustavo E. Bamberger & Roy J. Epstein, 1995. "Antitrust and Higher Education: Was There a Conspiracy to Restrict Financial Aid?," RAND Journal of Economics, The RAND Corporation, vol. 26(1), pages 131-147, Spring.
    7. William E. Becker & William Bosshardt & Michael Watts, 2012. "How Departments of Economics Evaluate Teaching," The Journal of Economic Education, Taylor & Francis Journals, vol. 43(3), pages 325-333, July.
    8. Dewatripont, Mathias & Jewitt, Ian & Tirole, Jean, 2000. "Multitask agency problems: Focus and task clustering," European Economic Review, Elsevier, vol. 44(4-6), pages 869-877, May.
    9. Dasgupta, Partha & Maskin, Eric, 1987. "The Simple Economics of Research Portfolios," Economic Journal, Royal Economic Society, vol. 97(387), pages 581-595, September.
    10. Stephen D. Grunig, 1997. "Research, Reputation, and Resources," The Journal of Higher Education, Taylor & Francis Journals, vol. 68(1), pages 17-52, January.
    11. Hallock, Kevin F, 1995. "Seniority and Monopsony in the Academic Labor Market: Comment," American Economic Review, American Economic Association, vol. 85(3), pages 654-657, June.
    12. Euwals, Rob & Ward-Warmedinger, Melanie E., 2000. "The Remuneration of British Academics," IZA Discussion Papers 178, Institute of Labor Economics (IZA).
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    14. James Dearden & Larry Taylor & Robert Thornton, 2001. "A Benchmark Profile of Economics Departments in 15 Private Universities," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(4), pages 387-396, January.
    15. Lewis, Tracy R. & Sappington, David E. M., 1989. "Countervailing incentives in agency problems," Journal of Economic Theory, Elsevier, vol. 49(2), pages 294-313, December.
    16. Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
    17. Andreu Mas-Colell, 2004. "The European Space of Higher Education: Incentive and Governance Issues," 'Angelo Costa' Lectures Serie, SIPI Spa, issue Lect. V.
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    19. Andrea Bonaccorsi & Cinzia Daraio & Léopold Simar, 2006. "Advanced indicators of productivity of universitiesAn application of robust nonparametric methods to Italian data," Scientometrics, Springer;Akadémiai Kiadó, vol. 66(2), pages 389-410, February.
    20. Ransom, Michael R, 1993. "Seniority and Monopsony in the Academic Labor Market," American Economic Review, American Economic Association, vol. 83(1), pages 221-233, March.
    21. Howard Bodenhorn, 2003. "Economic Scholarship at Elite Liberal Arts Colleges: A Citation Analysis with Rankings," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(4), pages 341-359, December.
    22. Christopher Avery & Terrence Hendershott, 2000. "Bundling and Optimal Auctions of Multiple Products," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(3), pages 483-497.
    23. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 217-273, Elsevier.
    24. Jean-Charles Rochet & Lars A. Stole, 2002. "Nonlinear Pricing with Random Participation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(1), pages 277-311.
    25. Arthur M. Diamond, 1993. "Economic Explanations of the Behaviour of Universities and Scholars," Journal of Economic Studies, Emerald Group Publishing, vol. 20(4/5), pages 107-133, September.
    26. Dundar, Halil & Lewis, Darrell R., 1995. "Departmental productivity in American universities: Economies of scale and scope," Economics of Education Review, Elsevier, vol. 14(2), pages 119-144, June.
    27. Tyler Cowen & Sam Papenfuss, "undated". "Why Are Most Universities Not For Profit," Working Papers 9704, George Mason University.
    28. Jullien, Bruno, 2000. "Participation Constraints in Adverse Selection Models," Journal of Economic Theory, Elsevier, vol. 93(1), pages 1-47, July.
    29. Gordon Tullock, 1993. "Are Scientists Different?," Journal of Economic Studies, Emerald Group Publishing, vol. 20(4/5), pages 90-106, September.
    30. William E. Becker, 1997. "Teaching Economics to Undergraduates," Journal of Economic Literature, American Economic Association, vol. 35(3), pages 1347-1373, September.
    31. Rob Euwals & Melanie Ward, "undated". "The Remuneration of British Academics," Discussion Papers in Public Sector Economics 00/7, Division of Economics, School of Business, University of Leicester.
    32. Armstrong, Mark & Rochet, Jean-Charles, 1999. "Multi-dimensional screening:: A user's guide," European Economic Review, Elsevier, vol. 43(4-6), pages 959-979, April.
    33. Masten, Scott E., 1995. "Old school ties: financial aid coordination and the governance of higher education," Journal of Economic Behavior & Organization, Elsevier, vol. 28(1), pages 23-47, September.
    34. Mitchell, John E. & Rebne, Douglas S., 1995. "Nonlinear effects of teaching and consulting on academic research productivity," Socio-Economic Planning Sciences, Elsevier, vol. 29(1), pages 47-57, March.
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    Cited by:

    1. António Freitas & Inés Macho-Stadler, 2014. "On the joint production of research and training," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 13(2), pages 71-94, August.
    2. Thomas Bolli & Jörg Schläpfer, 2015. "Job mobility, peer effects, and research productivity in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 104(3), pages 629-650, September.
    3. Stefano Bianchini & Francesco Lissoni & Michele Pezzoni & Lorenzo Zirulia, 2016. "The economics of research, consulting, and teaching quality: theory and evidence from a technical university," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 25(7), pages 668-691, October.
    4. Christopher Bruffaerts & Bram De Rock & Catherine Dehon, 2013. "The Research Efficiency of US Universities: a Nonparametric Frontier Modelling Approach," Working Papers ECARES ECARES 2013-31, ULB -- Universite Libre de Bruxelles.
    5. Quentin David, 2009. "The Determinants of Research Production by U.S. Universities," DEM Discussion Paper Series 09-16, Department of Economics at the University of Luxembourg.

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    More about this item

    Keywords

    Multi-dimensional screening; Universities; Labor contracts; I23; J41; L14;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation

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