HOW DO PUBLIC INSTITUTIONS SELECT COMPETITIVE AGRICULTURAL R&D PROJECTS? - THE CASE OF AN ITALIAN REGION
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This paper analyses, through a Random Utility Model (RUM), how a public institution
selects among competitive agricultural R&D projects on the basis of observable
distinctive features. In particular, we aim at verifying if, which and how other criteria,
beyond the pure scientific value, are decisive for selection. From such information, like
cost, duration, etc., the institution must infer about the unobservable actual ability, effort
and reliability of the scientists themselves. Such analytical framework is empirically
applied to a real case, the agricultural R&D activity funded by the Emilia-Romagna
Region (Italy) between 2001 and 2006.