Teaching Marginal Cost,Supply, and Efficiency with an English-Auction Experiment |
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| Authors: | William Schulze |
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| Institution: | 1. Duke University;2. Department of Political Economy, University of Toronto;3. University of Illinois;4. The University of Georgia.;5. The University of Georgia.;6. Colgate University |
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| Abstract: | Using a discrete time control model, the authors suggest that faculty may be able to improve their teaching effectiveness by a reallocation of the inputs devoted to teaching (e.g., using student evaluations early in the course), by increasing the level of the resources used in teaching, or by changing the characteristics of the inputs (possibly through such things as teaching practicums, seminars, or sabbaticals). Alternatively, reducing the instructor's opportunity cost of the resources devoted to teaching may increase teaching effectiveness (i.e., reducing the research requirements for promotion). Empirical estimates of the effectiveness of these strategies are not presented. |
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