There is an urgent need to manage the escalating costs of federal R&D infrastructure and the increasing risk that failing facilities pose to the scientific missions of the federal research…
The policy discourse about high-risk, high-reward research has been too narrow. When that term is used, people are usually talking about DARPA-style moonshot initiatives with extremely ambitious goals. Given the…
Read more about expected utility forecasting and science funding innovation here. The current process that federal science agencies use for reviewing grant proposals is known to be biased against riskier…
The typical science grantmaker seeks to maximize their (positive) impact with a limited amount of money. The decision-making process for how to allocate that funding requires them to consider the…