Optimal voting rules for two-member tenure committees


A tenure committee first votes on whether to hire a candidate; if it does, it receives an informative performance signal, and then votes on whether to tenure the candidate; rejection at either stage returns the committee to a candidate pool, endogenising the value of the outside option. A candidate’s fate depends only on the behaviour of two ‘weather-vane… (More)
DOI: 10.1007/s00355-010-0477-2

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