A profitability index for alternative research projects
AbstractSuccess in research is supposed to be achieved by success in just one of a number of alternative research projects. The problem is investigated on how to allocate research effort to minimise the expected cost to success. The optimal strategy is determined by a profitability index attached to each project.
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Bibliographic InfoArticle provided by Elsevier in its journal Omega.
Volume (Year): 4 (1976)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/375/description#description
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- Adam, K., 1999.
"Learning While Searching for the Beat Alternative,"
Economics Working Papers
eco99/4, European University Institute.
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