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Optimal budget allocation among investigator-led, thematic, and commissioned research

Determine the optimal distribution of a funder’s budget among investigator-led grants, thematic grants, and commissioned research to maximize societal and epistemic returns.

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Background

Funding can be distributed through investigator-led projects, thematic programs, or commissioned research with end-user involvement, each with distinct benefits and trade-offs.

Despite the importance of budget allocation choices, the ideal split among these funding types remains unknown and requires systematic evaluation.

References

The ideal distribution of the budget over the different types of grants to spend on the different types of commissioned research is another unknown.

— The Costs of Competition in Distributing Scarce Research Funds (2403.16934 - Schweiger et al., 25 Mar 2024) in Section 4 Road to progress – Fourth: Alternative distribution systems