Construct · 2 fields · 2 citations
One name. Different field. Different construct. One map.
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In labor economics and higher education, tenure is a form of employment protection granting a scholar an effectively permanent appointment, dismissible only for cause, after a probationary review. H. Lorne Carmichael's 1988 Incentives in academics: Why is there tenure? argues that this protection is what lets incumbents evaluate and hire potential rivals honestly, since a secure post removes the fear of being displaced by one's own recruits. The referent is a contractual safeguard on an individual's job, and it is unrelated to the security of a claim to land that the same word names in property economics.[1]
In development and property economics, tenure is the security and bundle of rights under which a person holds land: whether use, transfer, and the fruits of improvement are protected against expropriation. Timothy Besley's 1995 Property rights and investment incentives: Theory and evidence from Ghana shows that more secure land tenure strengthens incentives to invest in the land, because holders expect to capture the returns. The referent is the legal-institutional security of a claim to land, and it is a different construct from the job protection that universities grant under the same word.[2]
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