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- Title
Research efficiency: Perverse incentives.
- Authors
Stephan, Paula
- Abstract
The author discusses the effect of counterproductive financial incentives to the scientific enterprise. She states that science is full of incentives which encourage bad financial decisions such as laboratory expansion and hiring of temporary scientists. She relates that the incentives hurt scientists, individual, and society which derive minimal return on its investment when someone is trained on a field without career prospects. She says that true social and personal cost can fix incentives.
- Subjects
MONETARY incentives; SCIENCE; LABORATORIES -- Maintenance &; repair; SCIENTISTS; INVESTMENTS; RESEARCH personnel; EXTERNALITIES; TRAINING
- Publication
Nature, 2012, Vol 484, Issue 7392, p29
- ISSN
0028-0836
- Publication type
Article
- DOI
10.1038/484029a