Aug 19, 2024
Why Do Researchers Often Prefer Safe Over Risky Projects?
Research Information
A mathematical framework that builds on the economic theory of hidden-action models provides insight into how the unobservable nature of effort and risk shapes investigators’ research strategies and the incentive structures within which they work, according to a study published in the open-access journal PLOS Biology by Kevin Gross from North Carolina State University, U.S., and Carl Bergstrom from the University of Washington, U.S.