Rent Seeking in Academia: The Consultancy Disease

Jo�ão Ricardo Faria

18 citations0/0 files storedThe American Economist

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Research, Science, and Academia Higher Education Governance and Development Academic integrity and plagiarism

Abstract

The Consultancy disease is a type of rent seeking behavior in academia, and occurs when scholars spend time searching and working in public and private consultancies. It is shown that the Consultancy disease leads to lower equilibrium levels of academic work. Higher standards for scientific productivity and publications help to fight the disease.

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1982Toward a Theory of the Rent-Seeking Society 2008Why Is Rent-Seeking So Costly to Growth?1994The Relative Impacts of Economics Journals: 1970-1990 1982Scholarship, Citations and Salaries: Economic Rewards in Economics 1998Rankings of U.S. Economics Departments 1988Incentives in Academics: Why is There Tenure?1983The economist as preacher and other essays 1993American and European Economics and Economists

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