Academic tenure, posttenure effort, and contractual damages

Antony Dnes, Nuno Garoupa

Research output: Contribution to journalArticlepeer-review

8 Citations (Scopus)

Abstract

In this article we explore the incentive properties of academic tenure relative to alternatives that might be substitutes for tenure, in particular contractual damages. We emphasize the role of tenure in providing an incentive for incumbent faculty to reveal the characteristics of recruits and to maintain their own performance posttenure. Our results suggest that tenure is just one of many mechanisms potentially able to achieve honest revelation.

Original languageEnglish
Pages (from-to)831-839
Number of pages9
JournalEconomic Inquiry
Volume43
Issue number4
DOIs
Publication statusPublished - 1 Oct 2005

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