Teaching versus research: a multi-tasking approach to multi-department universities
Axel Gautier () and
No 2004003, CORE Discussion Papers from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
The budget of a university essentially depends on the number of students it enrols. In multi-department universities resources created in one department may be redistributed to other departments. This redistribution affects the way academics share their working time between research and teaching activities. Redistribution creates free-riding on teaching efforts. In this paper, we show that by designing internal financial rules which create yardstick competition for research funds, a multi-department university may induce better teaching quality and research, as compared to the performance of independent departments.
Keywords: multi-task; incentive; university; conglomerate (search for similar items in EconPapers)
JEL-codes: D21 D82 G31 I20 (search for similar items in EconPapers)
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Journal Article: Teaching versus research: A multi-tasking approach to multi-department universities (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2004003
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