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- W15495588 abstract "popular perception amongst British academics is that the relative importance attached by their employers to teaching and research has changed over the last decade in response both to the drive for increased productivity and to the related policy reforms. It has, however, proved difficult to quantify the weight attached to these key functions, precisely because the preferences of a university are not directly observable. In this brief note, I develop a method that represents a first attempt to overcome this problem. The technique is based upon some simple economic theory. This involves using a set of standard and well understood assumptions. Ideally, of course, it would be desirable to measure the parameters of interest directly so that no assumptions were needed. But since this cannot be done, the modeling approach adopted here represents an inexpensive means of acquiring information about the weights attached respectively to teaching and research. The paper is organized as follows. First the theoretical model is developed. Data for the academic years 1985-86 and 1991-92 are then applied to the model in order to estimate (inter alia) the relative weights attached by the universities to teaching and to research. Finally, the results are discussed and some speculative comments are made concerning the change that is observed between the two academic years studied." @default.
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- W15495588 date "1996-01-01" @default.
- W15495588 modified "2023-09-23" @default.
- W15495588 title "Evaluating Universities' Preferences for Teaching and Research." @default.
- W15495588 hasPublicationYear "1996" @default.
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