The economics of (mis)information in the age of social media. New media technologies allow anyone to broadcast their views, leading to a “cacophony of voices” where misinformation flourishes. Tools from information economics are tailor-made for understanding information consumption in settings with many biased news sources. We develop economic models where many sources compete to attract and influence heterogenous listeners. We then study how misinformation spreads and amplifies when consumers ....The economics of (mis)information in the age of social media. New media technologies allow anyone to broadcast their views, leading to a “cacophony of voices” where misinformation flourishes. Tools from information economics are tailor-made for understanding information consumption in settings with many biased news sources. We develop economic models where many sources compete to attract and influence heterogenous listeners. We then study how misinformation spreads and amplifies when consumers of information communicate with many others through a social network. Finally, we study how to design simple and robust rules to foster informative discourse and filter misinformation. The results will shape economic policy recommendations for regulating misinformation in media platforms and social media.Read moreRead less
Productivity, growth and unemployment in economies with frictions. This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It wil ....Productivity, growth and unemployment in economies with frictions. This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It will conduct quantitative experiments using simulations, to estimate optimal government policy design settings. This project expects to identify policies that promote productivity, growth and employment.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE120102640
Funder
Australian Research Council
Funding Amount
$375,000.00
Summary
Behavioural foundations of economic design for an uncertain world. The aim of this project is to incorporate behavioural foundations into mechanism design to improve our understanding of economic institutions in incomplete information environments. To accomplish this goal, it considers a framework where agents have reference-dependent preferences and explores implications of this assumption for economic design.
'Fixed points': extending and deepening our understanding of mathematical and computational aspects of game theory. This work will extend and deepen our understanding of mathematical and computational aspects of game theory. It will produce computer code embodying new methods of solving systems of nonlinear equations, which is useful in many areas of applied research in economics, in other disciplines such as chemistry, and potentially in the analysis of business operations. The project will a ....'Fixed points': extending and deepening our understanding of mathematical and computational aspects of game theory. This work will extend and deepen our understanding of mathematical and computational aspects of game theory. It will produce computer code embodying new methods of solving systems of nonlinear equations, which is useful in many areas of applied research in economics, in other disciplines such as chemistry, and potentially in the analysis of business operations. The project will also deepen our understanding of the underlying mathematics of such systems, and of other mathematical foundations of economic research. One application will be a new measure of the relative power resulting from voting rules. Such measures assist the design of democratic institutions by allowing the designer to assess the fairness of the outcomes they produce.Read moreRead less
Reaching new frontiers of quantum fields and gravity through deformations. This project aims to reach new frontiers in quantum field and gravity theories. These underpin systems ranging from semi-conductors to particle collisions and the quantum behavior of black holes. An obstacle is that these theories are notoriously hard to solve. This project proposes to tackle this longstanding problem by using new deformations, symmetries and dualities that have attracted widespread attention. Expected ou ....Reaching new frontiers of quantum fields and gravity through deformations. This project aims to reach new frontiers in quantum field and gravity theories. These underpin systems ranging from semi-conductors to particle collisions and the quantum behavior of black holes. An obstacle is that these theories are notoriously hard to solve. This project proposes to tackle this longstanding problem by using new deformations, symmetries and dualities that have attracted widespread attention. Expected outcomes will include innovative techniques that will greatly enhance and interconnect our knowledge of field theories and quantum gravity, together with new discoveries in quantum-corrected geometries. A new network of domestic and international experts will largely benefit the fields of theoretical and mathematical physics.Read moreRead less
Legitimacy and representation: A comprehensive study of electoral systems and strategic voting behaviour. What makes a good electoral system? How can it reflect the preference of the majority while guaranteeing representation to minorities? Should voting be voluntary or mandatory? These are very relevant questions for any democracy, but particularly so for Australia: a country which has always been at the forefront of the electoral debate, that proudly strives to represent with fairness all sect ....Legitimacy and representation: A comprehensive study of electoral systems and strategic voting behaviour. What makes a good electoral system? How can it reflect the preference of the majority while guaranteeing representation to minorities? Should voting be voluntary or mandatory? These are very relevant questions for any democracy, but particularly so for Australia: a country which has always been at the forefront of the electoral debate, that proudly strives to represent with fairness all sectors of its very diverse society and where voting is not only a citizen's right, but also her duty. By approaching these issues in a game theoretic framework, this project proposes to investigate the strategic nature of voting through a comprehensive study of electoral systems. The project will then test our theoretical predictions through a series of laboratory experiments. Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE180100190
Funder
Australian Research Council
Funding Amount
$363,996.00
Summary
Auction design with behavioural bidders. This project aims to incorporate behavioural elements from psychology into the economic analysis of auctions. The project will address discrepancies between traditional economic analysis of auctions based on fully rational bidders, and evidence from psychology and behavioural economics which demonstrates systemic departures from rational decision-making. This will expand realism in economic analysis and contribute new insights for the design of relevant, ....Auction design with behavioural bidders. This project aims to incorporate behavioural elements from psychology into the economic analysis of auctions. The project will address discrepancies between traditional economic analysis of auctions based on fully rational bidders, and evidence from psychology and behavioural economics which demonstrates systemic departures from rational decision-making. This will expand realism in economic analysis and contribute new insights for the design of relevant, real-world auctions such as real-estate auctions or internet auctions. The project outcomes are expected to enhance the efficient allocation of resources, improve our understanding of how different rules affect buyers' well-being and help design fairer auctions.Read moreRead less
Understanding the lessons of Australia's Gold Coast through the late 20th century debate on criticality and instrumentality in architecture. This project will investigate the role of architecture in the western city through problems in 20th century architectural theory. It will show how the Gold Coast offers new insights into contemporary architecture and will result in two closely related books: an architectural history of the Gold Coast; and a new account of contemporary architectural theory.
Discovery Early Career Researcher Award - Grant ID: DE220101147
Funder
Australian Research Council
Funding Amount
$407,600.00
Summary
First-principles design of atomic defects for quantum technologies. This project aims to address the issue of designing and engineering better single-photon sources based on atomic defects in solids, a crucial building block for many quantum technologies. Using advanced first-principles quantum mechanical theories and calculations, the project expects to produce fundamental knowledge of key mechanisms and properties, and to use this to inform the design of new atomic defects for tailored applica ....First-principles design of atomic defects for quantum technologies. This project aims to address the issue of designing and engineering better single-photon sources based on atomic defects in solids, a crucial building block for many quantum technologies. Using advanced first-principles quantum mechanical theories and calculations, the project expects to produce fundamental knowledge of key mechanisms and properties, and to use this to inform the design of new atomic defects for tailored applications as quantum emitters. The expected outcomes, including novel methodologies, will contribute to different research areas, from condensed matter and materials physics to quantum science and technology. This project should provide significant benefits in accelerating quantum technology innovation in Australia.Read moreRead less
Bauhaus Australia: Transforming Education in Art, Architecture and Design. This project aims to examine the influence of Bauhaus-inspired émigrés on Australian cultural life. An under-examined but profound influence on Australian cultural history was the forced migration of émigré and refugee modernists from Germany and central Europe, who transformed art, architectural and design education from the 1930s to the 1970s. German and central European training, inspired by the Bauhaus, centred on sys ....Bauhaus Australia: Transforming Education in Art, Architecture and Design. This project aims to examine the influence of Bauhaus-inspired émigrés on Australian cultural life. An under-examined but profound influence on Australian cultural history was the forced migration of émigré and refugee modernists from Germany and central Europe, who transformed art, architectural and design education from the 1930s to the 1970s. German and central European training, inspired by the Bauhaus, centred on systematic approaches to pictorial method and design, colour theory and art education, all underwritten by an all-encompassing social ambition. This project aims to provide a new cross-disciplinary history of modernism in Australia that shifts focus from solo contributions to the networks of education, where modernism’s impact was most public, widespread and influential.Read moreRead less