ERIC Number: EJ591452
Record Type: Journal
Publication Date: 1999
Reference Count: N/A
Modelling Faculty Replacement Strategies Using a Time-Dependent Finite Markov-Chain Process.
Hackett, E. Raymond; Magg, Alexander A.; Carrigan, Sarah D.
Journal of Higher Education Policy and Management, v21 n1 p81-93 May 1999
Describes the use of a time-dependent Markov-chain model to develop faculty-replacement strategies within a college at a research university. The study suggests that a stochastic modelling approach can provide valuable insight when planning for personnel needs in the immediate (five-to-ten year) future. (MSE)
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A