We develop a theory of the market for individual reputation, an indicator of regard by one's peers and others. The central questions are: 1) Does the quantity of exposures raise reputation independent of their quality? and 2) Assuming that overall quality matters for reputation, does the quality of an individual's most important exposure have an…

Disciplinary and rank salary differences in higher education are immense and growing, and neither a marketplace nor a uniform approach explains or guides the setting of academic salaries. Salary differences must be prevented from generating feelings of second-class citizenship to maintain a common purpose among faculty. (MSE)

Between years 1990-91 and 1991-92 the average college faculty salary rose 3.5 percent, the smallest nominal increase in over 20 years. Data for academic field, institution type, and faculty rank are presented along with an appendix presenting data from the 1991-92 American Association of University Professors' national salary survey. (MSE)

This annual report shows that economically it would seem that faculty members have much about which to be happy. The academic year 2001-2002 was the fifth consecutive year in which the value of the average faculty salary rose, and the one in which academics saw the largest single-year jump in their real (inflation-adjusted) salaries since the…