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The Fifth Column: Goals Optimization and the Vice-Presidential Assumption, or Optimizing Academia for Fun and Profit, Part 1

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  • Robert E. D. Woolsey

    (Division of Economics and Business, The Colorado School of Mines, Golden, Colorado 80401 and Walden University, Minneapolis, Minnesota 55401)

Abstract

First part of the essay on attempts to apply optimization methods in evaluating research and teaching contribution in a university department. It is shown how wrong assumptions in the mathematical model completely bias the stated goals and distort the participants behavior in the case their raises depend on the outcome of the proposed model.

Suggested Citation

  • Robert E. D. Woolsey, 1997. "The Fifth Column: Goals Optimization and the Vice-Presidential Assumption, or Optimizing Academia for Fun and Profit, Part 1," Interfaces, INFORMS, vol. 27(2), pages 102-106, April.
    • Handle: RePEc:inm:orinte:v:27:y:1997:i:2:p:102-106
    DOI: 10.1287/inte.27.2.102
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    professional; comments on;

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