Fun new article from et al tries to quantify the efficient frontier for time spent writing grants vs. expected return in grant money. nature.com/articles/s4156
With an online calculator! ipvs.informatik.uni-stuttgart.de/sc/cgi-bin/JA/
Preprint PDF: dreslerlab.files.wordpress.com/2022/02/why-ma
Conversation
These charts illustrate viscerally how silly it is to e.g. offer $25k grants with 5% funding rates (ie EV of $1250) and onerous submissions requiring days to prepare. Such grants are often a net drain on society—in total, applicants will burn more $$$ applying than are allocated!