Optimal distribution of science funding

Ding-wei Huang

Physica A: Statistical Mechanics and its Applications, 2018, vol. 502, issue C, 613-618

Abstract: We propose a new model to investigate the theoretical implications of a novel funding system. We introduce new parameters to model the accumulated advantage. We assume that all scientists are equal and follow the same regulations. The model presents three distinct regimes. In regime (I), the fluidity of funding is significant. The funding distribution is continuous. The concentration of funding is effectively suppressed. In both regimes (II) and (III), a small group of scientists emerges as a circle of elites. Large funding is acquired by a small number of scientists.

Keywords: Science funding; Funding concentration; Optimal distribution; Cumulative advantage (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:502:y:2018:i:c:p:613-618

DOI: 10.1016/j.physa.2018.03.026

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