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Optimal distribution of science funding

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  • Huang, Ding-wei

Abstract

We propose a new model to investigate the theoretical implications of a novel funding system. We introduce new parameters to model the accumulated advantage. We assume that all scientists are equal and follow the same regulations. The model presents three distinct regimes. In regime (I), the fluidity of funding is significant. The funding distribution is continuous. The concentration of funding is effectively suppressed. In both regimes (II) and (III), a small group of scientists emerges as a circle of elites. Large funding is acquired by a small number of scientists.

Suggested Citation

  • Huang, Ding-wei, 2018. "Optimal distribution of science funding," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 502(C), pages 613-618.
  • Handle: RePEc:eee:phsmap:v:502:y:2018:i:c:p:613-618
    DOI: 10.1016/j.physa.2018.03.026
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    References listed on IDEAS

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    1. Huang, Ding-wei, 2021. "A basic model for empirical funding distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 566(C).

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