The authors describe a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student "sellers" first make investment decisions and then production decisions. The classroom game can be used to motivate…

It is suggested that, in the Netherlands' system of resource allocation for research, there is subtle and powerful pressure for consensus. Changes in science policy orientation since the 1960s are traced, and the current framework for policy formation, planning, and decision making is sketched. Three peer review models are examined. (MSE)