How to Set Budget Caps for Competitive Grants

We study how funding agencies should set budget caps for competitive grants. We show that budget caps influence the researchers' submission strategy and, in particular, whether they steer their project choice towards the agencies' favorite projects, and the level of funds they request. The welfare impact of alternative approaches depends on the level of competition, the cost of public funds and the social value of project implementation

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Year of publication:	2019
Authors:	De Chiara, Alessandro
Other Persons:	Iossa, Elisabetta (contributor)
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Öffentlicher Haushalt \| Public budget \| EU-Staaten \| EU countries \| Finanzausgleich \| Intergovernmental transfers \| Theorie \| Theory \| EU-Agrarpolitik \| Common agricultural policy

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Extent:	1 Online-Ressource (13 p)
Series:	CEIS Working Paper ; No. 448
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 15, 2018 erstellt
Other identifiers:	10.2139/ssrn.3321298 [DOI]
Classification:	D8 - Information and Uncertainty ; O25 - Industrial Policy ; O30 - Technological Change; Research and Development. General ; O31 - Innovation and Invention: Processes and Incentives ; O38 - Government Policy ; L2 - Firm Objectives, Organization, and Behavior
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012894255