Modelling academic research funding as a resource allocation problem
Modelling academic research funding as a resource allocation problem
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.
resource allocation, social simulation, research funding
Geard, Nicholas
e9933f78-10b8-4454-8c8d-c2c75e040346
Noble, Jason
440f07ba-dbb8-4d66-b969-36cde4e3b764
Geard, Nicholas
e9933f78-10b8-4454-8c8d-c2c75e040346
Noble, Jason
440f07ba-dbb8-4d66-b969-36cde4e3b764
Geard, Nicholas and Noble, Jason
(2010)
Modelling academic research funding as a resource allocation problem.
3rd World Congress on Social Simulation, University of Kassel, Germany.
06 - 09 Sep 2010.
(Submitted)
Record type:
Conference or Workshop Item
(Paper)
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.
Archive
geard_funding_src.zip
- Other
Archive
geard_funding_src_no_pylab_version.zip
- Other
Text
fundingModel.pdf
- Accepted Manuscript
More information
Submitted date: 2010
Additional Information:
Event Dates: 6-9 September 2010
Venue - Dates:
3rd World Congress on Social Simulation, University of Kassel, Germany, 2010-09-06 - 2010-09-09
Keywords:
resource allocation, social simulation, research funding
Organisations:
Agents, Interactions & Complexity
Identifiers
Local EPrints ID: 271374
URI: http://eprints.soton.ac.uk/id/eprint/271374
PURE UUID: c506dfc1-8f9e-4660-aec9-31c005449d80
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Date deposited: 08 Jul 2010 11:42
Last modified: 14 Mar 2024 09:29
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Contributors
Author:
Nicholas Geard
Author:
Jason Noble
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