Optimal public funding for research: a theoretical analysis
(2016)
Journal Article
De Fraja, G. (2016). Optimal public funding for research: a theoretical analysis. RAND Journal of Economics, 47(3), 498-528. https://doi.org/10.1111/1756-2171.12135
This article studies how a government should distribute funds among research institutions and how it should allocate them to basic and applied research. Institutions differ in reputation and efficiency, and have an information advantage. The governme... Read More about Optimal public funding for research: a theoretical analysis.