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 Sciences and Engineering > Electronics and Computer Science > Agents, Interactions & Complexity
ePrint ID: 271374
Date Deposited: 08 Jul 2010 11:42
Last Modified: 27 Mar 2014 20:16
Further Information:Google Scholar
URI: http://eprints.soton.ac.uk/id/eprint/271374

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