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Article: Equality, infancy and efficiency in allocating internal research funds to faculty members.
- Article from:
- Economic Papers - Economic Society of Australia
- Article date:
- June 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Economic Society of Australia. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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1 Introduction
This policy article deals with the annual allocation of faculty funds to academic staff members for supporting research related activities such as conference attendance, subscription to journals, submission of papers to refereed journals charging fees, purchase of software, etc.
Equal allocation is a computationally convenient scheme and is also likely to be supported by a blocking coalition of faculty members when research performance is unequally and non-symmetrically distributed with a mode and a median that are significantly smaller than the mean. Unsurprisingly, equal allocation is frequently applied in allocating internal funds ...