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Setting Incentives for Collaboration Among Agricultural Scientists: Application of Principal-Agent Theory to Team Work

Wallace E. Huffman

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: The USDA is attempting to shift more research funds into competitive grants involving collaboration across disciplines on large projects. This type of research structure raises a host of information and incentive issues. The objective of this paper is to shed new light on principal-agent problems that are likely to arise in this new funding structure.

Keywords: incentives; Principal-agent model; team research; competitive grants; multi-disciplinary research (search for similar items in EconPapers)
Date: 2010-06-22
New Economics Papers: this item is included in nep-agr, nep-cta, nep-ino and nep-ppm
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http://www2.econ.iastate.edu/papers/p11633-2010-06-22.pdf (application/pdf)

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Working Paper: Setting incentives for collaboration among agricultural scientists: application of principal-agent theory to team work (2010) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:31633

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