How Might Adam Smith Pay Professors Today?
Adam Smith’s proposal for paying professors was intended to induce increased faculty knowledge. If students have imperfect information about what they learn, and universities can only imperfectly measure the input of faculty time in student learning, publicati:
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- Chen, Zhiqi & Ferris, J Stephen, 1999.
"A Theory of Tenure for the Teaching University,"
Australian Economic Papers,
Wiley Blackwell, vol. 38(1), pages 9-25, March.
- Zhiqi Chen & J. Stephen Ferris, 1995. "A Theory of Tenure for the Teaching University," Carleton Economic Papers 95-12, Carleton University, Department of Economics, revised Jan 1999.
- McCormick, Robert E & Meiners, Roger E, 1988. "University Governance: A Property Rights Perspective," Journal of Law and Economics, University of Chicago Press, vol. 31(2), pages 423-442, October.
- 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.
- Michael Watts & William E. Becker, 1999. "How Departments of Economics Evaluate Teaching," American Economic Review, American Economic Association, vol. 89(2), pages 344-349, May.
- 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.
- Rosen, Sherwin, 1987. "Some Economics of Teaching," Journal of Labor Economics, University of Chicago Press, vol. 5(4), pages 561-575, October.
- Siow, Aloysius, 1997. "Some evidence on the signalling role of research in academia," Economics Letters, Elsevier, vol. 54(3), pages 271-276, July.
- Elizabeth Becker & Cotton M. Lindsay & Gary Grizzle, 2003. "The derived demand for faculty research," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(8), pages 549-567.
- George J. Stigler, 1989. "The Future of Higher Education: An EconomicPerspective," University of Chicago - George G. Stigler Center for Study of Economy and State 56, Chicago - Center for Study of Economy and State.
- McDowell, John M, 1982. "Obsolescence of Knowledge and Career Publication Profiles: Some Evidence of Differences among Fields in Costs of Interrupted Careers," American Economic Review, American Economic Association, vol. 72(4), pages 752-768, September. Full references (including those not matched with items on IDEAS)
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