IDEAS home Printed from https://ideas.repec.org/a/dem/demres/v20y2009i22.html
   My bibliography  Save this article

Keeping a learned society young

Author

Listed:
  • Herbert Dawid

    (Universität Bielefeld)

  • Gustav Feichtinger

    (Technische Universität Wien)

  • Joshua Goldstein

    (Max-Planck-Institut für Demografische Forschung)

  • Vladimir Veliov

    (Technische Universität Wien)

Abstract

Aging organizations - regardless of whether they are firms, faculties, societies, political bodies, teams, or national academies - seek ways to rejuvenate. This paper demonstrates that the best way to keep an organization young is through a mixed strategy of recruiting both young and old, and that, contrary to intuition, recruiting those of middle age is the least effective strategy for maintaining a younger age structure. The aging of learned societies is a problem in many national academies. Faced with rising life expectancy, particularly for older persons, the average age of academy members is increasing. Another reason for "overaging" is an increase in the age at election. In an organization with a fixed size, the annual intake is strictly determined by the number of deaths and the statutory retirement age. This can, among many learned societies, lead to a fundamental dilemma: the desire to maintain a young age structure, while still guaranteeing a high recruitment rate. We derive an optimal recruitment policy which is bimodal, i.e., it entails shifting recruitment partly to younger ages and partly to older ages, while decreasing the recruitment of middle-aged candidates. Although the optimization problem explicitly involves only the average age and the recruitment rate as objectives, the methodology implicitly allows us to take into consideration all other objectives (formal or informal) used in the actual election practice.

Suggested Citation

  • Herbert Dawid & Gustav Feichtinger & Joshua Goldstein & Vladimir Veliov, 2009. "Keeping a learned society young," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 20(22), pages 541-558, May.
  • Handle: RePEc:dem:demres:v:20:y:2009:i:22
    as

    Download full text from publisher

    File URL: https://www.demographic-research.org/volumes/vol20/22/20-22.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Gustav Feichtinger & Alexia Prskawetz & Fernando Riosmena & Inga Freund & Maria Winkler-Dworak, 2007. "On the age dynamics of learned societies - taking the example of the Austrian Academy Sciences," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 5(1), pages 107-131.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:thpobi:v:82:y:2012:i:3:p:158-169 is not listed on IDEAS

    More about this item

    Keywords

    age-specific recruitment policy; fixed-size population; optimal control;

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dem:demres:v:20:y:2009:i:22. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Editorial Office). General contact details of provider: https://www.demogr.mpg.de/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.