The role of moral sentiments and emotions in human nature: an interdisciplinary empirical approach. This project investigates the effects of moral sentiments and emotions on decision processes. It will identify states of physiological arousal, determine whether a significant genetic effect is present, assess the relevance of individuals' environment and inherited values, and provide a better biological micro-foundation for human behaviour.
Income insecurity in Australia: who is feeling the pinch and why? This project aims to measure and investigate the drivers of income insecurity in Australia. It will provide an evaluation of whether income growth is sufficient to compensate for any welfare loss due to higher income risk and the effectiveness of government taxes and transfers in alleviating income risks for different population sub-groups.
The economics of filial informal care: future trends and directions for policy supports. This project examines the family decision on informal care and living arrangements, it aims to make constructive policy suggestions in order to promote the healthy life of elderly people, support more productive and fulfilling lives of adult children with elderly parents and fortify supportive family structures.
Trustworthiness and reputation in markets: empirical and experimental studies. This project studies why consumers sometimes do not tell the truth when reporting their shopping experiences. This creates a problem for markets, since other consumers rely on that information. This research will guide firms, regulators and market platforms in how to elicit honest feedback from market participants, facilitating trust in the market.
Discovery Early Career Researcher Award - Grant ID: DE150101032
Funder
Australian Research Council
Funding Amount
$378,000.00
Summary
Economic analysis of peer effects in adolescence and adulthood. Although healthier, stronger and better at reasoning than young children, adolescents' morbidity and mortality rates are double those of young children. Unintentional injury, mostly avoidable and attributed to wrong decisions, is the biggest cause of death and hospitalisation among adolescents in Australia. Peer presence is likely to be a major cause of adolescents' inferior decision-making. This project aims to use experimental eco ....Economic analysis of peer effects in adolescence and adulthood. Although healthier, stronger and better at reasoning than young children, adolescents' morbidity and mortality rates are double those of young children. Unintentional injury, mostly avoidable and attributed to wrong decisions, is the biggest cause of death and hospitalisation among adolescents in Australia. Peer presence is likely to be a major cause of adolescents' inferior decision-making. This project aims to use experimental economics methods to study how peer presence affects the parameters of the economic decision model, specifically risk tolerance, discounting, and propensity to make errors. The project aims to advance the understanding of decision-making across the lifespan, inform theoretical modelling and advise policy-makers how to reduce the risks to adolescents.Read moreRead less
Time Delay, Externalities and Attitudes Toward Taxation. Public attitudes toward a policy have a significant impact on its effectiveness. The aim of this project is to investigate the determinants of public attitudes for incentive-based institutions, particularly taxes, by highlighting the importance of considering the intertemporal properties of taxation: when costs and benefits of taxation occur at different times. This project is designed to be a controlled study of how and why public attitud ....Time Delay, Externalities and Attitudes Toward Taxation. Public attitudes toward a policy have a significant impact on its effectiveness. The aim of this project is to investigate the determinants of public attitudes for incentive-based institutions, particularly taxes, by highlighting the importance of considering the intertemporal properties of taxation: when costs and benefits of taxation occur at different times. This project is designed to be a controlled study of how and why public attitudes towards taxation are influenced by the temporal structure of the externalities that the taxes are meant to control. The anticipated goal is to inform the design of institutions that the public will accept and, more generally, improve the understanding of intertemporal decision-making in environments with delayed externalities.Read moreRead less
Strategic Behaviour in Games. John von Neumann’s minimax solution (1928) and its generalisation to mixed-strategy Nash (1950) equilibrium are the cornerstones of modern game theory, the mathematical framework for the study of decision making when the actions of different decision makers interact. This project studies human behaviour in situations where decision makers have an incentive to be unpredictable. The proposed research will shed light on the sources of the failure of the theory in the l ....Strategic Behaviour in Games. John von Neumann’s minimax solution (1928) and its generalisation to mixed-strategy Nash (1950) equilibrium are the cornerstones of modern game theory, the mathematical framework for the study of decision making when the actions of different decision makers interact. This project studies human behaviour in situations where decision makers have an incentive to be unpredictable. The proposed research will shed light on the sources of the failure of the theory in the lab, and assesses the practical significance of the statistical tests used to evaluate laboratory data on mixed-strategy play.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE150100328
Funder
Australian Research Council
Funding Amount
$374,000.00
Summary
Minimising transaction costs in Murray-Darling Basin water reform. Transaction costs provide social, economic, environmental and political barriers to the effectiveness of water reallocation policy in Australia. These costs are often difficult to quantify, but potentially are subject to measurement. This project aims to develop a comprehensive transaction cost framework for the Murray-Darling Basin that can be used to capture and measure transaction costs related to water policy. Further, the sc ....Minimising transaction costs in Murray-Darling Basin water reform. Transaction costs provide social, economic, environmental and political barriers to the effectiveness of water reallocation policy in Australia. These costs are often difficult to quantify, but potentially are subject to measurement. This project aims to develop a comprehensive transaction cost framework for the Murray-Darling Basin that can be used to capture and measure transaction costs related to water policy. Further, the scope of the cost measurement will involve a variety of data collection approaches. Outcomes include better water policy and management from arrangements that will span the divide between the Basin Plan and its implementation.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE140101260
Funder
Australian Research Council
Funding Amount
$390,821.00
Summary
Tackling obesity: What role for behavioural and standard economics? The international community is grappling with the obesity epidemic. Behavioural economics has gained international attention by offering insights into individual decision making that can potentially be used in policy to nudge individuals to change their behaviour to improve their health. However, there is a paucity of evidence regarding its likely success in this endeavour. This project uses discrete choice and economic laborato ....Tackling obesity: What role for behavioural and standard economics? The international community is grappling with the obesity epidemic. Behavioural economics has gained international attention by offering insights into individual decision making that can potentially be used in policy to nudge individuals to change their behaviour to improve their health. However, there is a paucity of evidence regarding its likely success in this endeavour. This project uses discrete choice and economic laboratory experiments to investigate social acceptability of, and predicted behaviour change in response to, a range of behavioural and standard economic inspired policies. Results will inform optimal investment and targeting of policy to prevent and reduce obesity.Read moreRead less
Choice foundations: Diagnostic tools for individual-level model development. This project aims to improve policy making in areas such as transport, environment and health, by better representation of how people make decisions. An interdisciplinary team of economists and psychologists will build on new mathematical and statistical tools to test for adherence to choice axioms that underlie observed choice behaviour. The project will produce a set of computerized statistical tools to implement the ....Choice foundations: Diagnostic tools for individual-level model development. This project aims to improve policy making in areas such as transport, environment and health, by better representation of how people make decisions. An interdisciplinary team of economists and psychologists will build on new mathematical and statistical tools to test for adherence to choice axioms that underlie observed choice behaviour. The project will produce a set of computerized statistical tools to implement the testing of choice axioms using Bayesian methods with the capacity to improve a wide array of applied economics work at the national and international levels.Read moreRead less