DOIONLINE 
DOIONLINE Publish In |
International Journal of Advances in Science, Engineering and Technology(IJASEAT)-IJASEAT |
 Journal Home Volume Issue |
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Issue |
Volume-6, Issue-4, Spl. Iss-2 ( Dec, 2018 ) | |||||||||
Paper Title |
Budget Allocation as Random Redistribution | |||||||||
Author Name |
Ding-Wei Huang | |||||||||
Affilition |
Department of Physics, Chung Yuan Christian University, Chung-li, Taiwan | |||||||||
Pages |
60-63 | |||||||||
Abstract |
We study the budget allocation of a funding agent. We analyse data from two different divisions of National Science Council in Taiwan. We show that both the distribution and the fluctuation can be described by a process of random redistribution. The emergence of power-law tail can be related to the strength of redistribution. As the redistribution weakened, the big-budget projects emerge more abundantly. The relevance of stochastic dynamics in a bottom-up peerreviewed process is discussed. Keywords - Econophysics, Monetary Distribution, Stochastic Process, Power-law Distribution.. | |||||||||
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