Title :
Notice of Retraction
Research on faculty incentive mechanism in university based on the real option
Author :
Tang Jun ; An Xin
Author_Institution :
Sch. of Manage. & Econ., Univ. of Electron. Sci. & Technol. of China, Chengdu, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Considering the flexibility of work hard decision-making, this paper applies the real-option to study the faculty incentive mechanism problems in University. Through analyzing the value of flexible work hard decision, some optimal flexible decision-making rules of the teachers are given. Meanwhile, the paper analyzes the influence of two factors upon the effort decision, which include the volatility and the effort cost. The results show the threshold of incentive strengthen factor considering the flexible effort decision is higher than without considering it. The threshold will increases (or decrease) with the increasing (or decreasing) of volatility and effort cost.
Keywords :
decision making; educational institutions; incentive schemes; decision-making; effort cost; effort decision; faculty incentive mechanism; flexible work hard decision; university; Decision making; Economics; Educational institutions; Equations; Investments; Remuneration; Incentive mechanism; flexible decision-making; real option; teacher;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Dengleng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6009853
