Modelling academic research funding as a resource allocation problem


Geard, Nicholas and Noble, Jason (2010) Modelling academic research funding as a resource allocation problem At 3rd World Congress on Social Simulation, Germany. 06 - 09 Sep 2010.

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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
Venue - Dates: 3rd World Congress on Social Simulation, Germany, 2010-09-06 - 2010-09-09
Keywords: resource allocation, social simulation, research funding
Organisations: Agents, Interactions & Complexity
ePrint ID: 271374
Date :
Date Event
2010Submitted
Date Deposited: 08 Jul 2010 11:42
Last Modified: 17 Apr 2017 18:16
Further Information:Google Scholar
URI: http://eprints.soton.ac.uk/id/eprint/271374

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