How economic theory and the Netflix Prize could make research funding more efficient

Wednesday, January 2, 2019 - 14:20 in Mathematics & Economics

As scientific funding becomes increasingly scarce, professors in STEM fields spend more time in their offices writing grant applications: by one estimate, as much as one-fifth of their research time. That takes time and energy away from teaching students, training young researchers and making discoveries that boost our collective knowledge and well-being.

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