Title |
Estimating the NIH Efficient Frontier
|
---|---|
Published in |
PLOS ONE, May 2012
|
DOI | 10.1371/journal.pone.0034569 |
Pubmed ID | |
Authors |
Dimitrios Bisias, Andrew W. Lo, James F. Watkins |
Abstract |
The National Institutes of Health (NIH) is among the world's largest investors in biomedical research, with a mandate to: "…lengthen life, and reduce the burdens of illness and disability." Its funding decisions have been criticized as insufficiently focused on disease burden. We hypothesize that modern portfolio theory can create a closer link between basic research and outcome, and offer insight into basic-science related improvements in public health. We propose portfolio theory as a systematic framework for making biomedical funding allocation decisions-one that is directly tied to the risk/reward trade-off of burden-of-disease outcomes. |
X Demographics
Geographical breakdown
Country | Count | As % |
---|---|---|
United States | 7 | 58% |
Canada | 1 | 8% |
Unknown | 4 | 33% |
Demographic breakdown
Type | Count | As % |
---|---|---|
Members of the public | 8 | 67% |
Scientists | 2 | 17% |
Practitioners (doctors, other healthcare professionals) | 1 | 8% |
Science communicators (journalists, bloggers, editors) | 1 | 8% |
Mendeley readers
Geographical breakdown
Country | Count | As % |
---|---|---|
United States | 2 | 5% |
Netherlands | 1 | 2% |
China | 1 | 2% |
Unknown | 40 | 91% |
Demographic breakdown
Readers by professional status | Count | As % |
---|---|---|
Student > Ph. D. Student | 11 | 25% |
Other | 7 | 16% |
Student > Bachelor | 6 | 14% |
Researcher | 5 | 11% |
Professor | 3 | 7% |
Other | 5 | 11% |
Unknown | 7 | 16% |
Readers by discipline | Count | As % |
---|---|---|
Business, Management and Accounting | 7 | 16% |
Economics, Econometrics and Finance | 6 | 14% |
Social Sciences | 6 | 14% |
Medicine and Dentistry | 6 | 14% |
Agricultural and Biological Sciences | 5 | 11% |
Other | 8 | 18% |
Unknown | 6 | 14% |