Discovery Projects - Grant ID: DP160102347

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/API/grants/DP160102347

Funding Status
Closed

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Funded Activity Summary

Accounting for preference seperability in stated choice experiments. This project aims to unite three separate streams of applied economic research into a single framework in order to develop a micro-economically consistent framework for demand forecasting and analysis. Forecasting demand to improve product performance or policy impacts requires realistic representations of how humans actually make choices. Combining theories of preference separability with recent developments in both activity and time use modelling and stated choice techniques, the project plans to develop new insights into consumer equilibrium as well as new econometric methods to test for the assumption of preference separability. Project outcomes would lead to an improved understanding of consumer behaviour as well as demand forecasting, with benefits to studies involving the need for benefit cost comparisons.

Funded Activity Details

Start Date: 11-2016

End Date: 08-2021

Funding Scheme: Discovery Projects

Funding Amount: $360,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Applied Economics not elsewhere classified | Applied Economics

ANZSRC Socio-Economic Objective (SEO)

Expanding Knowledge in Economics |

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