Individuals involved in basic research, like other workers, respond to incentives. Funding agencies provide implicit … incentives when they specify the rules by which awards are made. The following analysis is an exercise in understanding … incentives at an applied level. Specific rules are examined and analyzed to determine their incentive effects. For example, what …

Individuals involved in basic research, like other workers, respond to incentives. Funding agencies provide implicit … incentives when they specify the rules by which awards are made. The following analysis is an exercise in understanding … incentives at an applied level. Specific rules are examined and analyzed to determine their incentive effects. For example, what …

research output, the time and cost to completion, and the market demand for the R&D output. The model is then applied to study … the world. To address this issue, world organizations and private foundations are willing to sponsor vaccine R&D, but … there is no consensus on how to administer the sponsorship effectively. Different research incentive contracts are examined …