Experiments in the Dynamics of Preference and Choice in an Evolving Social Network. This project offers revolutionary insight into the process by which social leaders emerge and leadership evolves over time. The project improves the understanding of how decisions are made individually and at group levels with important implications for commerce, marketing, and policy. Project results foster managing network development and evolution, allowing firms and government agencies to understand how they ....Experiments in the Dynamics of Preference and Choice in an Evolving Social Network. This project offers revolutionary insight into the process by which social leaders emerge and leadership evolves over time. The project improves the understanding of how decisions are made individually and at group levels with important implications for commerce, marketing, and policy. Project results foster managing network development and evolution, allowing firms and government agencies to understand how they can use networks to disseminate information to consumers and individual citizens. The results will also inform the development of regulations targeting reductions in herding where such behaviour can cause harmful market disruptions.Read moreRead less
The Theory and Measurement of Stock-Market Indices. This project should promote an innovation culture in Australia by
designing new benchmark indices for evaluating the performance of
fund managers (and other uses), thus encouraging the allocation of
funds to their most productive uses. It will produce a better
measure of asset price inflation than any currently in existence
which will be of use to the Reserve Bank in the setting of
monetary policy. This project will also enhance the reput ....The Theory and Measurement of Stock-Market Indices. This project should promote an innovation culture in Australia by
designing new benchmark indices for evaluating the performance of
fund managers (and other uses), thus encouraging the allocation of
funds to their most productive uses. It will produce a better
measure of asset price inflation than any currently in existence
which will be of use to the Reserve Bank in the setting of
monetary policy. This project will also enhance the reputation of
Australian universities as centres of cutting-edge academic
research, provide a thesis topic for a PhD student, and help build
links between the academic and private sectors.Read moreRead less