Rules Versus Discretion in Committee Decision Making: An Application to the 2001 Rae for UK Economics Departments
20 Pages Posted: 29 May 2004
Date Written: June 2004
Abstract
The question of rules versus discretion has generated a great deal of debate in many areas of the social sciences. Recently, much of the discussion among academics and stakeholders about the assessment of research in UK higher education institutions has focused on the means that should be used to determine research quality. We present a model of committee decision-making when both rules and discretion are available. Some of the predictions of the model are tested empirically using the UK RAE 2001 results.
Keywords: Rules, Discretion, Research Assessment Exercise, Probit
JEL Classification: C25, D71, D78, D81
Suggested Citation: Suggested Citation
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