We study faculty recruitment issues in a university. We develop a cost minimization model that considers the decision …. This paper makes important contributions to the university recruitment strategy by providing a set of guidelines on how to …

We analyze the implications of the governance structure in academic faculties for their recruitment decisions when … average status of their fellow members. In recruitment decisions, incumbent members trade off the effect of entry on average … faculty status against alternative uses of the recruitment budget if no entry takes place. We show that the best candidates …