The Fifth Column: Optimization of Academic Raises, or Optimizing Academia for Fun and Profit, Part 2

Robert E. D. Woolsey
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Robert E. D. Woolsey: Division of Economics and Business, Colorado School of Mines, Golden, Colorado 80401 and Walden University, Minneapolis, Minnesota 55401

Interfaces, 1997, vol. 27, issue 3, 86-87

Abstract: Second part of the essay on attempts to apply optimization methods in evaluating research and teaching contribution in a university department. It is shown how wrong assumptions in the mathematical model completely bias the stated goals and distort the participants behavior in the case their raises depend on the outcome of the proposed model.

Keywords: education systems; operations; decision analysis; applications (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:27:y:1997:i:3:p:86-87

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