Life-Cycle, Effort and Academic Deadwood

Yu-Fu Chen and Gylfi Zoega

No 1009, Birkbeck Working Papers in Economics and Finance from Birkbeck, Department of Economics, Mathematics & Statistics

Abstract: It has been observed that university professors sometimes become less research active in their mature years. This paper models the decision to become inactive as a utility maximising problem under conditions of uncertainty and derives an age-dependent inactivity condition for the level of research productivity. The economic analysis is applicable to other professions as well were work effort is difficult to observe along some dimensions.

Date: 2010-04
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https://eprints.bbk.ac.uk/id/eprint/7545 First version, 2010 (application/pdf)

Related works:
Working Paper: Life-Cycle, Effort and Academic Deadwood (2010)
Working Paper: Life-Cycle, Effort and Academic Deadwood (2010)
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