ABSTRACT
Procedures of peer review for research proposals often contain an implicit conflict of interest, where academics may take the role of reviewer or submitter, and thus have the capability to affect the success or failure of each other to obtain some portion of limited funds. This work models a peer review procedure for funding from the perspective of evolutionary game theory. An analysis is performed to investigate the long-term submission and review strategies evolved by the modeled academics as they attempt to maximize their funding. Repercussions of the findings are discussed.
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Index Terms
- The game of funding: modelling peer review for research grants
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