UT-Austin tried to hire a game theorist for its new free-enterprise think tank. He turned down the job because of fights over tenure.

Excerpt: It was going to take Keith Schnakenberg a lot to leave his tenured position at Washington University in St. Louis, where he has worked in the political science department since 2016. But when he got a message from a professor in the University of Texas at Austin’s business school encouraging him to apply for a faculty position in the business, government and society department, he decided to throw his hat in the ring.

After a whirlwind visit in March, Schnakenberg got the job offer earlier this month. It came with tenure and a competitive salary. The university offered to cover moving expenses and provide money for new equipment. But last week, he turned down Texas’ top research university.