Zhang Yanfeng. / Thesis submitted in: November 2004. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2005. / Includes bibliographical references (leaves 144-147). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgement --- p.iii / List of Tables and Figures --- p.v / Chapter Chapter 1 --- Introduction --- p.1 / Chapter Chapter 2 --- Pay-by-position System: Incentive Reform at the Case University / Chapter 2.1 --- Background of the Pay-by-position Scheme --- p.6 / Chapter 2.2 --- Chronology of the Incentive Change --- p.9 / Chapter 2.3 --- Institutional Characteristics of the Pay-by-position System --- p.11 / Chapter 2.4 --- Summary --- p.16 / Chapter Chapter 3 --- Analytical Framework and Literature Review / Chapter 3.1 --- A Brief Introduction to the Theory of Tournament --- p.21 / Chapter 3.2 --- A Simple Model of Homogeneous Two-contestant Tournament --- p.22 / Chapter 3.3 --- Implications under Multi-contestant and Multi-position-level Situation --- p.26 / Chapter 3.4 --- Status Quo of Existing Research --- p.28 / Chapter 3.5 --- Summary --- p.30 / Chapter Chapter 4 --- Empirical Models and Hypotheses / Chapter 4.1 --- Measurement of Key Variables --- p.33 / Chapter 4.2 --- Incentive Effect on Teaching --- p.41 / Chapter 4.3 --- Incentive Effect on Research --- p.48 / Chapter 4.4 --- Sorting Role of the Pay-by-position System --- p.54 / Chapter 4.5 --- Summary --- p.56 / Chapter Chapter 5 --- Data Presentation and a Preliminary Analysis / Chapter 5.1 --- Survey and Data Processing --- p.57 / Chapter 5.2 --- Description of Data --- p.61 / Chapter 5.3 --- A Preliminary Probe into Data --- p.68 / Chapter 5.4 --- Summary --- p.74 / Chapter Chapter 6 --- Empirical Analysis and Estimation results / Chapter 6.1 --- Incentive Effect on Teaching - Evidence from the Full Instructor Sample --- p.99 / Chapter 6.2 --- Incentive Effect on Research - Evidence from the Selected Sample of Responsible Professors --- p.106 / Chapter 6.3 --- Sorting Role of the Pay-by-position System - Ordered Probit Estimation --- p.114 / Chapter 6.4 --- Summary --- p.116 / Chapter Chapter 7 --- Conclusion --- p.140 / References --- p.144