Funding Criteria for Research, Development, and Exploration Projects
构建模型研究研发项目的最优资助标准,考虑未来持续决策和信息更新的特点,推导出显式公式,对信息收集过程理论有参考价值。
The sequential nature of activities like research, development, or exploration requires optimal funding criteria to take account of the fact that subsequent funding decisions will be made throughout the future.Thus, there is a continual possibility of reviewing a project's status, based on the latest information.After setting up a model to capture this feature, optimal funding criteria are investigated.In an important special case, an explicit formula is derived.As well as throwing light upon the nature of development activities, the analysis is also relevant to the general theory of information gathering processes.