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A profitability index for alternative research projects

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  • Glazebrook, K. D.

Abstract

Success in research is supposed to be achieved by success in just one of a number of alternative research projects. The problem is investigated on how to allocate research effort to minimise the expected cost to success. The optimal strategy is determined by a profitability index attached to each project.

Suggested Citation

  • Glazebrook, K. D., 1976. "A profitability index for alternative research projects," Omega, Elsevier, vol. 4(1), pages 79-83.
    • Handle: RePEc:eee:jomega:v:4:y:1976:i:1:p:79-83
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    Cited by:

    1. Adam, Klaus, 2001. "Learning While Searching for the Best Alternative," Journal of Economic Theory, Elsevier, vol. 101(1), pages 252-280, November.
    2. Supachart Iamratanakul, 2013. "The Selection of Project in Rapid Environment’s Industry Using Zero Based Budget," Diversity, Technology, and Innovation for Operational Competitiveness: Proceedings of the 2013 International Conference on Technology Innovation and Industrial Management,, ToKnowPress.

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