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Do Faculty Matter? Effects of Faculty Participation in University Decisions

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  • Kathleen Carroll

    ()
    (UMBC)

  • Lisa M. Dickson

    ()
    (UMBC)

  • Jane E. Ruseski

    ()
    (West Virginia University)

Abstract

This paper models faculty participation in university decision-making and the effects on enrollment, academic quality and non-academic quality. The model predicts that faculty participation positively academic quality and non-academic quality. The model predicts that faculty participation positively affects student enrollment and investments in academic quality. Without faculty involvment in decision making, universities may choose to overinvest in non-academic quality (e.g. athletics, recreational activities) relative to academic quality. If academic quality provides positive externalities as the economic literature indicates, then faculty involvment in decision-making is socially preferred to having decisions made only by university administrators.

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Bibliographic Info

Paper provided by UMBC Department of Economics in its series UMBC Economics Department Working Papers with number 13-06.

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Length: 26 pages
Date of creation: Oct 2013
Date of revision:
Handle: RePEc:umb:econwp:1306

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Related research

Keywords: higher education; faculty governance; university decision making; incentives; nonprofit organization; public organization; organizational behavior.;

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  1. Dennis D. Kimko & Eric A. Hanushek, 2000. "Schooling, Labor-Force Quality, and the Growth of Nations," American Economic Review, American Economic Association, American Economic Association, vol. 90(5), pages 1184-1208, December.
  2. Shiferaw Gurmu & Grant C. Black & Paula E. Stephan, 2010. "The Knowledge Production Function For University Patenting," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 48(1), pages 192-213, 01.
  3. Dakshina G. De Silva & Robert Mccomb, 2012. "Research Universities And Regional High‐Tech Firm Start‐Up And Exit," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 50(1), pages 112-130, 01.
  4. Kocher, Martin G. & Strauß, Sabine & Sutter, Matthias, 2006. "Individual or team decision-making-Causes and consequences of self-selection," Munich Reprints in Economics, University of Munich, Department of Economics 18162, University of Munich, Department of Economics.
  5. Kathleen A. Carroll & Jane E. Ruseski, 2011. "Modeling Internal Decision Making Process: An Explanation Of Conflicting Empirical Results On Behavior Of Non‐Profit And For‐Profit Hospitals," Contemporary Economic Policy, Western Economic Association International, Western Economic Association International, vol. 29(4), pages 510-523, October.
  6. Lindsay, Cotton M, 1976. "A Theory of Government Enterprise," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 84(5), pages 1061-77, October.
  7. Eugenia Toma, 1986. "State university boards of trustees: A principal-agent perspective," Public Choice, Springer, Springer, vol. 49(2), pages 155-163, January.
  8. Clotfelter, Charles T, 1976. "Public Spending for Higher Education: An Empirical Test of Two Hypotheses," Public Finance = Finances publiques, , , vol. 31(2), pages 177-95.
  9. Dennis Coates & Brad Humphreys & Michelle Vachris, 2004. "More evidence that university administrators are utility maximizing bureaucrats," Economics of Governance, Springer, Springer, vol. 5(1), pages 77-101, 04.
  10. Barton H. Hamilton & Jack A. Nickerson & Hideo Owan, 2003. "Team Incentives and Worker Heterogeneity: An Empirical Analysis of the Impact of Teams on Productivity and Participation," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 111(3), pages 465-497, June.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. About faculty participation in university administration
    by Economic Logician in Economic Logic on 2013-12-19 16:03:00

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