![why do researchers often prefer safe over risky projects explaining risk aversion in science](https://utterbuzz.com/wp-content/uploads/2024/08/why-do-researchers-often-prefer-safe-over-risky-projects-explaining-risk-aversion-in-science-640x424.jpg)
A mathematical framework that builds on the economic theory of hidden-action models provides insight into how the unobservable nature of effort and risk shapes investigators’ research strategies and the incentive structures within which they work, according to a new study.