Carregant...
Miniatura

Tipus de document

Article

Versió

Versió publicada

Data de publicació

Tots els drets reservats

Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/180662

Setting the budget for targeted research projects

Títol de la revista

Director/Tutor

ISSN de la revista

Títol del volum

Resum

We consider a funding competition for targeted projects. Potential participants have stochastic opportunity costs, and do not know the number of competitors. The funding agency sets a budget cap indicating the maximum funding that participants may request. We show that raising the budget cap helps to attract more participants but causes an increase in the requested funds. A higher budget cap is optimal when the preferences of researchers and the funding agency are more congruent, competition is lower, targeted projects have larger social value, the cost of public funds is smaller, or bidding preparation costs are lower.

Citació

Citació

DE CHIARA, Alessandro, IOSSA, Elisabetta. Setting the budget for targeted research projects. _The BE Journal of Economic Analysis & Policy_. 2021. Vol. 21, núm. 3, pàgs. 1013-1034. [consulta: 14 de gener de 2026]. ISSN: 1935-1682. [Disponible a: https://hdl.handle.net/2445/180662]

Exportar metadades

JSON - METS

Compartir registre