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Academic Tenure, Posttenure Effort, and Contractual Damages

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  • Antony Dnes
  • Nuno Garoupa

Abstract

In this article we explore the incentive properties of academic tenure relative to alternatives that might be substitutes for tenure, in particular contractual damages. We emphasize the role of tenure in providing an incentive for incumbent faculty to reveal the characteristics of recruits and to maintain their own performance posttenure. Our results suggest that tenure is just one of many mechanisms potentially able to achieve honest revelation. (JEL I2, K0, L2) Copyright 2005, Oxford University Press.

Suggested Citation

  • Antony Dnes & Nuno Garoupa, 2005. "Academic Tenure, Posttenure Effort, and Contractual Damages," Economic Inquiry, Western Economic Association International, vol. 43(4), pages 831-839, October.
    • Handle: RePEc:oup:ecinqu:v:43:y:2005:i:4:p:831-839
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    File URL: http://hdl.handle.net/10.1093/ei/cbi061
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    Citations

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    Cited by:

    1. Rauber Michael & Ursprung Heinrich W., 2008. "Life Cycle and Cohort Productivity in Economic Research: The Case of Germany," German Economic Review, De Gruyter, vol. 9(4), pages 431-456, December.
    2. Finn Christensen & James Manley & Louise Laurence, 2010. "The Allocation of Merit Pay in Academia," Working Papers 2010-13, Towson University, Department of Economics, revised Jul 2010.
    3. Chen, Zhao & Lee, Sang-Ho, 2009. "Incentives in academic tenure under asymmetric information," Economic Modelling, Elsevier, vol. 26(2), pages 300-308, March.
    4. Finn Christensen & James Manley & Louise Laurence, 2011. "The Allocation of Merit Pay in Academia: A Case Study," Economics Bulletin, AccessEcon, vol. 31(2), pages 1548-1562.
    5. Ballestar, María Teresa & Doncel, Luis Miguel & Sainz, Jorge & Ortigosa-Blanch, Arturo, 2019. "A novel machine learning approach for evaluation of public policies: An application in relation to the performance of university researchers," Technological Forecasting and Social Change, Elsevier, vol. 149(C).
    6. Ali Sina Önder & Sascha Schweitzer, 2017. "Catching up or falling behind? Promising changes and persistent patterns across cohorts of economics PhDs in German-speaking countries from 1991 to 2008," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(3), pages 1297-1331, March.
    7. repec:bla:germec:v:9:y:2008:i::p:431-456 is not listed on IDEAS

    More about this item

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • K0 - Law and Economics - - General
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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