Paper Title :Budget Allocation as Random Redistribution

Author :Ding-Wei Huang

Article Citation :Ding-Wei Huang , (2018 ) " Budget Allocation as Random Redistribution " , International Journal of Advances in Science, Engineering and Technology(IJASEAT) , pp. 60-63, Volume-6, Issue-4, Spl. Iss-2

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..

Type : Research paper

Published : Volume-6, Issue-4, Spl. Iss-2

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