Setting Incentives for Collaboration Among Agricultural Scientists: Application of Principal-Agent Theory to Team Work
Abstract�The USDA is attempting to shift more research funds into competitive grants involving collaboration across disciplines on large projects. This type of research structure raises a host of information and incentive issues. The objective of this paper is to shed new light on principal-agent problems that are likely to arise in this new funding structure.
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Bibliographic InfoPaper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 31633.
Date of creation: 22 Jun 2010
Date of revision:
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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Web page: http://www.econ.iastate.edu
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incentives; Principal-agent model; team research; competitive grants; multi-disciplinary research;
This paper has been announced in the following NEP Reports:
- NEP-AGR-2010-07-03 (Agricultural Economics)
- NEP-ALL-2010-07-03 (All new papers)
- NEP-CTA-2010-07-03 (Contract Theory & Applications)
- NEP-INO-2010-07-03 (Innovation)
- NEP-PPM-2010-07-03 (Project, Program & Portfolio Management)
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