Global University Rankings: Implications in general and for Australia

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Anchoring effects in world university rankings: exploring biases in reputation scores (2011, background): “One of the many uses of rankings is to provide useful information to consumers as they make decisions about college choices (Ehrenberg 2003; Marginson 2007).”
New challenges for higher education: global and Asia-Pacific perspectives (2009, background): “Rankings have had major effects on the behavior of institutions and government policymakers who tend to view rankings as key measures of institutional competitiveness (e.g., Dichev 2001; Longden 2007; Marginson 2007; Pike 2004).”
Rankings of Higher Education Institutions: A Critical Review (2008, background): “(Marginson, 2007, pp. 138–9) For its part, the THES ranking list relies heavily on subjective evaluations by experts.”
Learning to Live with League Tables and Ranking: The Experience of Institutional Leaders (2008, background): “So, how are HEIs learning to live with league tables and ranking systems? To date, attention has focused primarily on three main issues of concern: 1) technical and methodological difficulties concerning the appropriateness of the metrics, the weightings given to them, and their suitability as proxi”
Control by numbers: new managerialism and ranking in higher education (2015, background): “In gross output terms, this was equal to the output of the ‘printing and publishing industry, and considerably larger than the pharmaceuticals industry’ (Marginson, 2007b, p. 8).”