[P2P-F] Fwd: FRIDAY: Prof. Johan Bollen - Collective Allocation of Science Funding - Community Commons Colloquia at the Ostrom Workshop - Noon-1:30pm

[Michel Bauwens]

---------- Forwarded message ----------
From: Conway, Ryan Timothy <rtconway at indiana.edu>
Date: Mon, Nov 4, 2013 at 9:42 PM
Subject: FRIDAY: Prof. Johan Bollen - Collective Allocation of Science
Funding - Community Commons Colloquia at the Ostrom Workshop - Noon-1:30pm
To: The Community Commons Project at IU <comprjt at indiana.edu>
Cc: "communitycommonsproject at gmail.com" <communitycommonsproject at gmail.com>


  Good Afternoon!

I'm writing to announce the Community Commons Colloquia for Friday October
11th, Noon-1:30pm.

Please distribute this announcement and Flyer to your colleagues,
coworkers, departmental listservs, friends, family, and anyone else you
think might be interested in learning about the concept of the commons and
how academic scholarship, community practice, and social engagement can
combine to create both social arrangements and resource-pools with the
power to sustain real communities, when faced with failures of the market
and the state.

* Community Commons Colloquia*

 *Professor Johan Bollen (IUB Informatics)*

 Present

 *"Collective Allocation of Science Funding: A Common Pool Research
Resource?"*

 Date: Friday, November 8th, 2013
 Time: Noon-1:30pm
 Location: The Vincent and Elinor Ostrom Workshop in Political Theory and
Policy Analysis, 513 N. Park Avenue
 Live Stream URL:
http://www.indiana.edu/~video/stream/liveflash.html?filename=Colloquia
 Archive Stream URL:
http://www.indiana.edu/~video/stream/launchflash.html?folder=video&filename=Colloquia_20131108.mp4
 *Collective Allocation of Science Funding*:
Public agencies like the U.S. National Science Foundation (NSF) and the
National Institutes of Health (NIH) award tens of billions of dollars in
annual science funding. How can this money be distributed as efficiently as
possible to best promote scientific innovation and productivity? The
present system relies primarily on peer review of project proposals. In
2010 alone, NSF convened more than 15,000 scientists to review 55,542
proposals. Although considered the scientific gold standard, peer review
requires significant overhead costs, and may be subject to biases,
inconsistencies, and oversights. We investigate a class of funding models
in which all participants receive an equal portion of yearly funding, but
are then required to anonymously donate a fraction of their funding to
peers. The funding thus flows from one participant to the next, each acting
as if he or she were a funding agency themselves. Here we show through a
simulation conducted over large-scale citation data (37M articles, 770M
citations) that such a distributed system for science may yield funding
patterns similar to existing NIH and NSF distributions, but may do so at
much lower overhead while exhibiting a range of other desirable features.
Self-correcting mechanisms in scientific peer evaluation can yield an
efficient and fair distribution of funding. The proposed model can be
applied in many situations in which top-down or bottom-up allocation of
public resources is either impractical or undesirable, e.g. public
investments, distribution chains, and shared resource management.

*Johan Bollen <http://informatics.indiana.edu/jbollen/> *is associate
professor at the Indiana University School of Informatics and Computing. He
was formerly a staff scientist at the Los Alamos National
Laboratory<http://www.lanl.gov/> from
2005-2009, and an Assistant Professor at the Department of Computer Science
of Old Dominion University <http://www.cs.odu.edu/> from 2002 to 2005. He
obtained his PhD in Experimental Psychology from the Vrije Universiteit
Brussel (VUB) <http://www.vub.ac.be/en/> in 2001. He has published more
than 75 articles <http://informatics.indiana.edu/jbollen/publications.htmls> on
computational social science, social media analytics, informetrics, and
digital libraries. His
research<http://informatics.indiana.edu/jbollen/research.html> has
been funded by the NSF, IARPA, and Andrew W. Mellon Foundation. Johan lives
in Bloomington, Indiana
<http://en.wikipedia.org/wiki/Bloomington,_Indiana> with
his wife and daughter. In his free time he enjoys P90x and DJing in the
local Bloomington clubs as DJ Angst (with his colleague E-trash aka Luis
Rocha) <https://www.facebook.com/pages/DJ-Angst-and-E-Trash/114699705325868>
.



*This session will NOT be followed Potluck at *

*The Banneker Center  <http://bloomington.in.gov/banneker>, as we have
encountered a scheduling conflict. *
 Best,
Ryan T. Conway



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