Integrated Farm Modelling to Improve Resilience and Sustainable Prosperity. This project aims to improve farm resilience, farm management, and economic decision-making in Australia and internationally. It expects to generate new interdisciplinary knowledge to integrate our understanding of agro-ecosystems and innovative tools to assess their status and manage their operations more effectively. Expected outcomes include the ability to inform farmers, bankers, and land managers about the trade-off ....Integrated Farm Modelling to Improve Resilience and Sustainable Prosperity. This project aims to improve farm resilience, farm management, and economic decision-making in Australia and internationally. It expects to generate new interdisciplinary knowledge to integrate our understanding of agro-ecosystems and innovative tools to assess their status and manage their operations more effectively. Expected outcomes include the ability to inform farmers, bankers, and land managers about the trade-offs between resilience and efficiency on farms. This should provide significant benefits, including the ability to minimize financial risks to farmers and banks, allow better investment decisions, and achieve sustainable long-term outcomes for both private and public well-being.Read moreRead less
Social Interactions, Group Dynamics, and the Political Economy of Sovereign Transgression: A Laboratory Investigation. Sovereign transgression-for example, confiscation of citizens' wealth by the state--can have a significant negative effect on economic performance. This project will study the under-explored issues of how social interactions and group dynamics can affect the incidence of sovereign transgression and citizen resistance in a controlled laboratory environment. The substantive and me ....Social Interactions, Group Dynamics, and the Political Economy of Sovereign Transgression: A Laboratory Investigation. Sovereign transgression-for example, confiscation of citizens' wealth by the state--can have a significant negative effect on economic performance. This project will study the under-explored issues of how social interactions and group dynamics can affect the incidence of sovereign transgression and citizen resistance in a controlled laboratory environment. The substantive and methodological innovations can increase the Australian knowledge base. The project will facilitate collaboration between Australian researchers and international experts. It will also expose Australian undergraduate students to experimental economics, and provide graduate students with hands-on training in using the laboratory method to study economic behaviour.
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Relative income, social preferences, and charitable giving: An experimental analysis. Understanding people's incentives to give to others (i.e., what motivates private donations) is important in regulating social interactions, achieving fair outcomes, and designing optimal responses to natural disasters like floods and bushfires. Australia's social and economic fabric is strengthened by good public polices relating to redistribution and taxation. The cross-cultural aspect of our study will incre ....Relative income, social preferences, and charitable giving: An experimental analysis. Understanding people's incentives to give to others (i.e., what motivates private donations) is important in regulating social interactions, achieving fair outcomes, and designing optimal responses to natural disasters like floods and bushfires. Australia's social and economic fabric is strengthened by good public polices relating to redistribution and taxation. The cross-cultural aspect of our study will increase awareness about differing beliefs across countries about the determinants of income and how policy makers can use this information to design appropriate policies to help people in need. This research project will also increase the level of academic interactions between Australian and foreign universities.Read moreRead less
The Economics of Corruption and Institutional Change: Theory and Experiments. The economic and social wellbeing of its neighbours is important for Australia. It results in a more prosperous and safe region. Australia's interest in the wellbeing of its neighbours is often expressed through financial aid and the sharing of expertise. This research will contribute to this expertise by investigating the ways in which changes in political and legal institutions can help reduce corruption and result i ....The Economics of Corruption and Institutional Change: Theory and Experiments. The economic and social wellbeing of its neighbours is important for Australia. It results in a more prosperous and safe region. Australia's interest in the wellbeing of its neighbours is often expressed through financial aid and the sharing of expertise. This research will contribute to this expertise by investigating the ways in which changes in political and legal institutions can help reduce corruption and result in economic development. Moreover, the cross-country nature of this research project will help increase the level of academic interactions between Australian and foreign universities.Read moreRead less