Modelling academic research funding as a resource allocation problem
Geard, Nicholas and Noble, Jason (2010) Modelling academic research funding as a resource allocation problem. In, 3rd World Congress on Social Simulation, University of Kassel, Germany, 06 - 09 Sep 2010. (Submitted).
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Description/Abstract
Academic research funding is allocated through a competitive bidding process that may lead to inefficiency as excessive time is spent on proposal writing. We develop a simple agent-based model of the process and find that current systems are indeed likely to be inefficient. Alternative allocation schemes involving either a cap on individual effort or appraisal from the centre are indicated as improvements.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Additional Information: | Event Dates: 6-9 September 2010 |
| Keywords: | resource allocation, social simulation, research funding |
| Divisions: | Faculty of Physical and Applied Science > Electronics and Computer Science > Agents, Interactions & Complexity |
| Item ID: | 271374 |
| Date Deposited: | 08 Jul 2010 11:42 |
| Last Modified: | 14 Nov 2012 12:17 |
| Contributors: | Geard, Nicholas (Author) Noble, Jason (Author) |
| Date: | 2010 |
| Additional Information: | Event Dates: 6-9 September 2010 |
| Status: | Submitted |
| Further Information: | Google Scholar |
| URI: | http://eprints.soton.ac.uk/id/eprint/271374 |
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