Related papers: Designing Scientific Grants
How does competition in markets for information affect the creation and division of surplus? We study this question in a search environment in which an agent searches sequentially for a high-quality good and learns about the quality of…
In many countries and at European level, research policy increasingly focuses on 'excellent' researchers. The concept of excellence however is complex and multidimensional. For individual scholars it involves talents for innovative…
In this paper, we consider a general distributed system with multiple agents who select and then implement actions in the system. The system has an operator with a centralized objective. The agents, on the other hand, are selfinterested and…
Human creativity is the ultimate driving force behind scientific progress. While the building blocks of innovations are often embodied in existing knowledge, it is creativity that blends seemingly disparate ideas. Existing studies have made…
This paper deploys bibliometric indices and semantic techniques for understanding to what extent research grants are likely to impact publications, research direction, and co-authorship rate of principal investigators. The novelty of this…
In this paper, we analyze examples of research institutes that stand out in scientific excellence and social impact. We define key practices for evaluating research results, economic conditions, and the selection of specific research…
Incentives in experimental design are often misaligned: experimenters design and finance experiments to seek regulatory approval, while regulators seek to maximize social-welfare. We propose a framework to resolve this conflict, wherein…
In this review article we explore several recent advances in the quantitative modeling of financial markets. We begin with the Efficient Markets Hypothesis and describe how this controversial idea has stimulated a number of new directions…
This position paper argues that decisions on processes, tools, techniques and software artifacts (such as user manuals, unit tests, design documents and code) for scientific software development should be driven by science, not by personal…
There is increasing interest among funding agencies to understand how they can best contribute to enhancing the socio-economic impact of research. Interdisciplinarity is often presented as a research mode that can facilitate impact but…
Science and scientific research activities, in addition to the involvement of the researchers, require resources like research infrastructure, materials and reagents, databases and computational tools, journal subscriptions and publication…
Computer science research has led to many breakthrough innovations but has also been scrutinized for enabling technology that has negative, unintended consequences for society. Given the increasing discussions of ethics in the news and…
Gender inequalities in science have long been observed globally. Studies have demonstrated it through survey data or published literature, focusing on the interests of subjects or authors; few, however, examined the manifestation of gender…
Clinical research should conform to high standards of ethical and scientific integrity, given that human lives are at stake. However, economic incentives can generate conflicts of interest for investigators, who may be inclined to withhold…
We analyze how firms should design wage contracts when workers collaborate in teams and effort costs depend on colleagues through a peer network. Performance-based compensation generates incentives that cascade through the organization,…
Data are invaluable. How can we assess the value of data objectively, systematically and quantitatively? Pricing data, or information goods in general, has been studied and practiced in dispersed areas and principles, such as economics,…
We study the design of effort-maximizing grading schemes between agents with private abilities. Assuming agents derive value from the information their grade reveals about their ability, we find that more informative grading schemes induce…
Exchange markets are a significant type of market economy, in which each agent holds a budget and certain (divisible) resources available for trading. Most research on equilibrium in exchange economies is based on an environment of…
It is usual to consider that standards generate mixed feelings among scientists. They are often seen as not really reflecting the state of the art in a given domain and a hindrance to scientific creativity. Still, scientists should…
Emergent patterns of collective attention towards scientists and their research may function as a proxy for scientific impact which traditionally is assessed via committees that award prizes to scientists. Therefore it is crucial to…