How much would YOU accept to give up tenure?
An interesting debate.
Has there been any research on this? What is the value of the contract provision "tenure" for a professor? What lump-sum cash payment would they accept to give it up?
For me, I think I would give it up for $10,000. It is worth SOMETHING, but I am protected by market forces.
Tenure protects those who are (1) lazy, (2) controversial, or (3) faced with cutbacks. I am clearly (2), and some days feel like (1) might be pretty fun.
(Nod to El Zorno)