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Do Faculty Matter? Effects of Faculty Participation in University Decisions

Author

Listed:
  • 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.

Suggested Citation

  • Kathleen Carroll & Lisa M. Dickson & Jane E. Ruseski, 2013. "Do Faculty Matter? Effects of Faculty Participation in University Decisions," UMBC Economics Department Working Papers 13-06, UMBC Department of Economics.
  • Handle: RePEc:umb:econwp:1306
    as

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    File URL: http://www.umbc.edu/economics/wpapers/wp_13_06.pdf
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    References listed on IDEAS

    as
    1. Kocher, Martin & Strau[ss], Sabine & Sutter, Matthias, 2006. "Individual or team decision-making--Causes and consequences of self-selection," Games and Economic Behavior, Elsevier, vol. 56(2), pages 259-270, August.
    2. Lindsay, Cotton M, 1976. "A Theory of Government Enterprise," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 1061-1077, October.
    3. Shiferaw Gurmu & Grant C. Black & Paula E. Stephan, 2010. "The Knowledge Production Function For University Patenting," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 192-213, January.
    4. 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, vol. 29(4), pages 510-523, October.
    5. Dennis Coates & Brad Humphreys & Michelle Vachris, 2004. "More evidence that university administrators are utility maximizing bureaucrats," Economics of Governance, Springer, vol. 5(1), pages 77-101, April.
    6. Dakshina G. De Silva & Robert Mccomb, 2012. "Research Universities And Regional High‐Tech Firm Start‐Up And Exit," Economic Inquiry, Western Economic Association International, vol. 50(1), pages 112-130, January.
    7. Jerik Hanushek & Dennis Kimko, 2006. "Schooling, Labor-force Quality, and the Growth of Nations," Educational Studies, Higher School of Economics, issue 1, pages 154-193.
    8. Clotfelter, Charles T, 1976. "Public Spending for Higher Education: An Empirical Test of Two Hypotheses," Public Finance = Finances publiques, , vol. 31(2), pages 177-195.
    9. 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, vol. 111(3), pages 465-497, June.
    10. Eugenia Toma, 1986. "State university boards of trustees: A principal-agent perspective," Public Choice, Springer, vol. 49(2), pages 155-163, January.
    11. Toma, Eugenia Froedge, 1990. "Boards of Trustees, Agency Problems, and University Output," Public Choice, Springer, vol. 67(1), pages 1-9, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    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 22:03:00

    More about this item

    Keywords

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

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy

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