ACADEMIC QUALITY, POWER AND STABILITY: AN APPLICATION TO ECONOMICS IN THE REPUBLIC IRELAND

Frances Philomena Ruane () and Richard S.J. Tol ()

No FNU-148, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: Measures of the academic quality of individual researchers tend to ignore the context. Here we introduce contextualised measures of individual quality: cardinal and ordinal pseudo-Shapley values. The cardinal values do not add much new information if departments are roughly the same size, but the ordinal values do. Ordinal Shapley-values can be interpreted as measures of the market power of an individual, her power over the rank of her current employer, and her ability to affect rankings of all departments in a country. We use normalised Herfindahl-Hirschmann indices to assess the concentration of contributions to a department’s standing. This provides further information on the power of individuals over their departments, but also reveals the robustness of departmental rankings to job mobility.

Keywords: rankings; individuals; departments (search for similar items in EconPapers)
JEL-codes: A10 Z00 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sog
Date: 2007-09
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