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In this paper I propose a micro-based innovation driven general equilibrium growth-model allowing for endogenous entry and exit as well as three different types of research. I make the novel distinction between three types of firms, namely…

Theoretical Economics · Economics 2025-11-24 Lucas Darius Konrad

Current research funding systems are subject to structural imbalances, where formal criteria such as the H-index and the number of publications dominate over the potential and actual scientific prospects of researchers. This leads to the…

Physics and Society · Physics 2025-03-24 Eldar Knar

Science can be seen as a sequential process where each new study augments evidence to the existing knowledge. To have the best prospects to make an impact in this process, a new study should be designed optimally taking into account the…

Methodology · Statistics 2017-01-03 Juha Karvanen , Mikko J. Sillanpää

Information theory is a practical and theoretical framework developed for the study of communication over noisy channels. Its probabilistic basis and capacity to relate statistical structure to function make it ideally suited for studying…

Neurons and Cognition · Quantitative Biology 2015-01-09 Simon R. Schultz , Robin A. A. Ince , Stefano Panzeri

An objective operational theory of probabilistic parametric inference is formulated without invoking the so-called non-informative prior probability distributions.

Statistics Theory · Mathematics 2008-04-14 Tomaz Podobnik , Tomi Zivko

Experiments in research on memory, language, and in other areas of cognitive science are increasingly being analyzed using Bayesian methods. This has been facilitated by the development of probabilistic programming languages such as Stan,…

Methodology · Statistics 2020-03-02 Daniel J. Schad , Michael Betancourt , Shravan Vasishth

Peer reviews, evaluations, and selections are a fundamental aspect of modern science. Funding bodies the world over employ experts to review and select the best proposals from those submitted for funding. The problem of peer selection,…

Computer Science and Game Theory · Computer Science 2019-05-01 Haris Aziz , Omer Lev , Nicholas Mattei , Jeffrey S. Rosenschein , Toby Walsh

It is often beneficial for agents to pool their resources in order to better accommodate fluctuations in individual demand. Many multi-round resource allocation mechanisms operate in an online manner: in each round, the agents specify their…

Computer Science and Game Theory · Computer Science 2022-08-02 Fu Li , C. Gregory Plaxton , Vaibhav B. Sinha

We introduce a family of normative principles to assess fairness in the context of participatory budgeting. These principles are based on the fundamental idea that budget allocations should be fair in terms of the resources invested into…

Computer Science and Game Theory · Computer Science 2023-02-21 Jan Maly , Simon Rey , Ulle Endriss , Martin Lackner

For job scheduling systems, where jobs require some amount of processing and then leave the system, it is natural for each user to provide an estimate of their job's time requirement in order to aid the scheduler. However, if there is no…

Computer Science and Game Theory · Computer Science 2022-02-14 Isaac Grosof , Michael Mitzenmacher

Forecasting has always been at the forefront of decision making and planning. The uncertainty that surrounds the future is both exciting and challenging, with individuals and organisations seeking to minimise risks and maximise utilities.…

Applications · Statistics 2022-02-09 Fotios Petropoulos , Daniele Apiletti , Vassilios Assimakopoulos , Mohamed Zied Babai , Devon K. Barrow , Souhaib Ben Taieb , Christoph Bergmeir , Ricardo J. Bessa , Jakub Bijak , John E. Boylan , Jethro Browell , Claudio Carnevale , Jennifer L. Castle , Pasquale Cirillo , Michael P. Clements , Clara Cordeiro , Fernando Luiz Cyrino Oliveira , Shari De Baets , Alexander Dokumentov , Joanne Ellison , Piotr Fiszeder , Philip Hans Franses , David T. Frazier , Michael Gilliland , M. Sinan Gönül , Paul Goodwin , Luigi Grossi , Yael Grushka-Cockayne , Mariangela Guidolin , Massimo Guidolin , Ulrich Gunter , Xiaojia Guo , Renato Guseo , Nigel Harvey , David F. Hendry , Ross Hollyman , Tim Januschowski , Jooyoung Jeon , Victor Richmond R. Jose , Yanfei Kang , Anne B. Koehler , Stephan Kolassa , Nikolaos Kourentzes , Sonia Leva , Feng Li , Konstantia Litsiou , Spyros Makridakis , Gael M. Martin , Andrew B. Martinez , Sheik Meeran , Theodore Modis , Konstantinos Nikolopoulos , Dilek Önkal , Alessia Paccagnini , Anastasios Panagiotelis , Ioannis Panapakidis , Jose M. Pavía , Manuela Pedio , Diego J. Pedregal , Pierre Pinson , Patrícia Ramos , David E. Rapach , J. James Reade , Bahman Rostami-Tabar , Michał Rubaszek , Georgios Sermpinis , Han Lin Shang , Evangelos Spiliotis , Aris A. Syntetos , Priyanga Dilini Talagala , Thiyanga S. Talagala , Len Tashman , Dimitrios Thomakos , Thordis Thorarinsdottir , Ezio Todini , Juan Ramón Trapero Arenas , Xiaoqian Wang , Robert L. Winkler , Alisa Yusupova , Florian Ziel

While philanthropic support for science has increased in the past decade, there is limited quantitative knowledge about the patterns that characterize it and the mechanisms that drive its distribution. Here, we map philanthropic funding to…

Physics and Society · Physics 2022-12-09 Louis M. Shekhtman , Alexander J. Gates , Albert-László Barabási

The ability to reason under uncertainty and with incomplete information is a fundamental requirement of decision support technology. In this paper we argue that the concentration on theoretical techniques for the evaluation and selection of…

Artificial Intelligence · Computer Science 2013-03-26 John Fox , Paul J. Krause

I propose a method for tracking and assessing scientific progress using a prediction consensus algorithm designed for the purpose. The protocol obviates the need for centralized referees to generate scientific questions, gather predictions,…

Physics and Society · Physics 2022-05-11 Ted C. Rogers

One of the main goals of scientific research is to provide a description of the empirical data which is as accurate and comprehensive as possible, while relying on as few and simple assumptions as possible. In this paper, I propose a…

History and Philosophy of Physics · Physics 2016-04-26 Luigi Scorzato

Bayesian probability theory is used as a framework to develop a formalism for the scientific method based on principles of inductive reasoning. The formalism allows for precise definitions of the key concepts in theories of physics and also…

Data Analysis, Statistics and Probability · Physics 2011-09-12 Roberto C. Alamino

Although many investigators affirm a desire to build reasoning systems that behave consistently with the axiomatic basis defined by probability theory and utility theory, limited resources for engineering and computation can make a complete…

Artificial Intelligence · Computer Science 2013-04-11 Eric J. Horvitz

In the absence of an external frame of reference physical degrees of freedom must describe relations between systems. Using a simple model, we investigate how such a relational quantum theory naturally arises by promoting reference systems…

Quantum Physics · Physics 2009-11-11 David Poulin

Information accounting provides a better foundation for hypothesis testing than does uncertainty quantification. A quantitative account of science is derived under this perspective that alleviates the need for epistemic bridge principles,…

Other Statistics · Statistics 2017-04-26 Grey Nearing , Hoshin Gupta

We introduce a resource theory of channels relevant to communication via quantum channels, in which the set of constant channels --- useless channels for communication tasks --- is considered as the free resource. We find that our theory…

Quantum Physics · Physics 2020-03-27 Ryuji Takagi , Kun Wang , Masahito Hayashi
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