A basic model for empirical funding distributions

Ding-wei Huang

Physica A: Statistical Mechanics and its Applications, 2021, vol. 566, issue C

Abstract: A previous model for a novel system is reinterpreted for the traditional systems of funding allocation. Empirical data can be well described. Both research funding and education funding are analyzed. The effect of merit-based cumulative advantage is more significant in research funding, where a slight difference is noticed between basic sciences and applied sciences. In contrast, the counter effect of cumulative advantage can be observed in education funding. Simple parameters are useful to distinguish between different distributions. The theoretical model presents three distinct regimes: equal sharing, cumulative advantage effect, and counter effect. The regime of equal sharing presents as a valley. Both cumulative advantage effect and counter effect result in the concentration of funding, which present as two plateaus of different heights.

Keywords: Funding allocation; Funding concentration; Optimal distribution; Cumulative advantage (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:566:y:2021:i:c:s0378437120309699

DOI: 10.1016/j.physa.2020.125671

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