Back to Search
Start Over
A Game Theoretic Approach to Peer Review of Grant Proposals
- Source :
- Journal of Informetrics. 13:100981
- Publication Year :
- 2019
- Publisher :
- Elsevier BV, 2019.
-
Abstract
- This paper studies the grant peer review process employed by the Turkish regional development agencies, which is adapted from a review procedure of the Education, Audiovisual and Culture Executive Agency of the European Union. To model this process, we consider a Bayesian strategic-form game played by three reviewers who observe both a common and a private score signal about an evaluated project and assign their scores to minimize the sum of their disutilities from the false acceptance and false rejection of the project. We numerically compute the Bayesian Nash equilibria of this game and conduct several comparative statics exercises, after calibrating the model parameters accordingly. We also introduce two simpler review processes and compare their performances to that of the calibrated process in terms of outcome statistics, involving pass and fail rates of the evaluated projects, and manipulation statistics, involving the reviewers' manipulation rate and size of scores. (C) 2019 Elsevier Ltd. All rights reserved.
- Subjects :
- Operations research
Computer science
Turkish
Process (engineering)
Comparative statics
Bayesian probability
Library and Information Sciences
050905 science studies
Outcome (game theory)
Grant Proposals
symbols.namesake
media_common.cataloged_instance
European union
media_common
05 social sciences
language.human_language
Bayesian Games
Computer Science Applications
Committees
Nash equilibrium
language
symbols
0509 other social sciences
050904 information & library sciences
Subjects
Details
- ISSN :
- 17511577
- Volume :
- 13
- Database :
- OpenAIRE
- Journal :
- Journal of Informetrics
- Accession number :
- edsair.doi.dedup.....5359e8062e83a13bcb5557979a3e3000