Literaturnachweis - Detailanzeige
Autor/in | McDonald, John G. |
---|---|
Titel | Faculty Tenure as a Put Option: An Economic Interpretation |
Quelle | (1974)Infoseite zur Zeitschrift |
Dokumenttyp | gedruckt; Zeitschriftenaufsatz |
Schlagwörter | College Faculty; Educational Economics; Faculty Mobility; Faculty Promotion; Higher Education; Human Capital; Teacher Employment; Tenure |
Abstract | This article examines the economic view of tenure as a put option for future faculty services. Tenure is described as a financial contract which universities have agreed to write and professors have agreed to accept in lieu of higher current wages. The economic perspective suggests the riskiness of a faculty member's total income stream is an important comparison in the tenure decision. (DE) |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2004/1/01 |