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1. Verfasser: Olson, Jeffery E.
Format: Recurso educativo Open Access
Sprache:en
Veröffentlicht: 1991
Schlagworte:
Online-Zugang:https://eric.ed.gov/?id=ED332632
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author Olson, Jeffery E.
author_facet Olson, Jeffery E.
Olson, Jeffery E.
collection Education Resources Information Center
contents Economic Values Implicit in the Social Construction of American Universities. Olson, Jeffery E. Admission Criteria Economic Research Educational Economics Faculty Higher Education Institutional Mission Prestige Private Colleges Productivity Public Colleges Sociocultural Patterns Values Five economic hypotheses of what American universities value (profit, production, prestige, faculty consumption, or academic resources and activities) were tested to illustrate the implicit value framework, a conceptual framework for inferring the objective economic values of an organization from the manner in which society has defined its relationships of exchange and production. The population for the study was comprised of 166 comprehensive and research-doctoral universities and the time period was the 1982-83 academic year. Since a period longer than one year is needed to produce graduates, cross-sectional data were used. The universities were divided into four types: selective-private, selective-public, less selective-private, and less selective public. Data on several other variables were collected: inputs and outputs (students, degrees granted, articles published), faculty, departmental and administrative services, library services, and physical plant. Findings indicated, among other things, that students have a negative exchange value, that financial aid programs do not affect the exchange value of the student to the university, and that the universities that publish the most have relatively high marginal exchange values for research. These results are consistent with the hypotheses that universities maximize faculty consumption. They are inconsistent with maximizing prestige, profit, production or with valuing intrinsically academic activities. (JB)
format Recurso educativo Open Access
id eric_ED332632
institution ERIC Institute of Education Sciences
language en
publishDate 1991
record_format eric
spellingShingle Economic Values Implicit in the Social Construction of American Universities.
Olson, Jeffery E.
Admission Criteria
Economic Research
Educational Economics
Faculty
Higher Education
Institutional Mission
Prestige
Private Colleges
Productivity
Public Colleges
Sociocultural Patterns
Values
Economic Values Implicit in the Social Construction of American Universities. Olson, Jeffery E. Admission Criteria Economic Research Educational Economics Faculty Higher Education Institutional Mission Prestige Private Colleges Productivity Public Colleges Sociocultural Patterns Values Five economic hypotheses of what American universities value (profit, production, prestige, faculty consumption, or academic resources and activities) were tested to illustrate the implicit value framework, a conceptual framework for inferring the objective economic values of an organization from the manner in which society has defined its relationships of exchange and production. The population for the study was comprised of 166 comprehensive and research-doctoral universities and the time period was the 1982-83 academic year. Since a period longer than one year is needed to produce graduates, cross-sectional data were used. The universities were divided into four types: selective-private, selective-public, less selective-private, and less selective public. Data on several other variables were collected: inputs and outputs (students, degrees granted, articles published), faculty, departmental and administrative services, library services, and physical plant. Findings indicated, among other things, that students have a negative exchange value, that financial aid programs do not affect the exchange value of the student to the university, and that the universities that publish the most have relatively high marginal exchange values for research. These results are consistent with the hypotheses that universities maximize faculty consumption. They are inconsistent with maximizing prestige, profit, production or with valuing intrinsically academic activities. (JB)
title Economic Values Implicit in the Social Construction of American Universities.
topic Admission Criteria
Economic Research
Educational Economics
Faculty
Higher Education
Institutional Mission
Prestige
Private Colleges
Productivity
Public Colleges
Sociocultural Patterns
Values
url https://eric.ed.gov/?id=ED332632