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
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
Posted prices, bargaining and auctions: an experimental examination. This project uses economic methods to investigate how trading institutions affect prices and efficiency. It examines markets with directed search: buyers visit sellers based on any information they have. Simultaneous buyer choices and sellers’ capacity constraints lead to “frictions” where not all profitable exchanges occur - more realistic than the usual “frictionless” assumption. The project will vary: whether sellers can pos ....Posted prices, bargaining and auctions: an experimental examination. This project uses economic methods to investigate how trading institutions affect prices and efficiency. It examines markets with directed search: buyers visit sellers based on any information they have. Simultaneous buyer choices and sellers’ capacity constraints lead to “frictions” where not all profitable exchanges occur - more realistic than the usual “frictionless” assumption. The project will vary: whether sellers can post prices in advance; and, whether and how negotiation occurs based on how many buyers (one vs two or more) visit a seller. The project will use results from auction, bargaining, game and search theories, and new analysis, to form predictions, which will be tested using experiments. The results should have implications for labour and competition policies.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE150100309
Funder
Australian Research Council
Funding Amount
$328,614.00
Summary
Understanding the Dynamics of Socioeconomic Related Health Inequalities. Health differences across socio-economic groups have persisted in many countries, including Australia, despite decades of considerable improvements in life expectancy and average health status. Little is known of how policies may influence socio-economic health inequalities as the mechanisms underlying them are complex and the causes differ across population groups and over the lifecycle. This project aims to develop method ....Understanding the Dynamics of Socioeconomic Related Health Inequalities. Health differences across socio-economic groups have persisted in many countries, including Australia, despite decades of considerable improvements in life expectancy and average health status. Little is known of how policies may influence socio-economic health inequalities as the mechanisms underlying them are complex and the causes differ across population groups and over the lifecycle. This project aims to develop methods to quantify the major mechanisms that give rise to changes in socio-economic health inequalities in Australia. This project aims to improve our understanding of the dynamic factors that drive changes in health inequalities, thus providing useful information for decision makers about which policies will be cost effective at reducing them.Read moreRead less
The effect of bargaining power on bargaining outcomes: the roles of institutions, earned bargaining position and social norms. Previous research has found that people exploit their bargaining power far less than economic theories predict. This project uses an economics experiment to study several factors affecting how bargaining power is used: restrictions on the bargaining process; whether and how bargaining power is 'earned' and whether equal divisions are plausible.
Are claims of transparency to be believed? This project tests if leaders, when given a choice, actually reveal a preference for transparency (that is to share all relevant information with their followers). This project analyses the circumstances under which leaders choose transparency and how their decisions and their reputations for transparency affect followers' behaviour and overall group cooperation.
The Economics of Envy. Envy is persistent and universal. It may help explain why humans are relatively less hierarchical than other primate species and prone to egalitarianism. Envy may help explain the formation of political and social structures and taxation and redistribution policies. This project will examine how in-group and out-group bias, social/economic mobility, and luck versus ability exacerbate and mitigate social preference and when these factors result in destructive and/or constru ....The Economics of Envy. Envy is persistent and universal. It may help explain why humans are relatively less hierarchical than other primate species and prone to egalitarianism. Envy may help explain the formation of political and social structures and taxation and redistribution policies. This project will examine how in-group and out-group bias, social/economic mobility, and luck versus ability exacerbate and mitigate social preference and when these factors result in destructive and/or constructive envy. This investigation contributes to the understanding of envy and its behavioural manifestations. Understanding the correlates of social preferences and the resulting behaviour is important for developing policy to reduce destructive envy and encourage constructive envy. Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE180100647
Funder
Australian Research Council
Funding Amount
$357,996.00
Summary
What do Australians really care about? New survey and experimental evidence. This project aims to provide detailed investigations into the relative importance of key life domains, for example health and relationships, at different life stages and their links with the subjective wellbeing of Australians. It will use nationally representative survey data and innovative choice experiments to generate new knowledge to the rapidly expanding economics literature on subjective wellbeing measures and in ....What do Australians really care about? New survey and experimental evidence. This project aims to provide detailed investigations into the relative importance of key life domains, for example health and relationships, at different life stages and their links with the subjective wellbeing of Australians. It will use nationally representative survey data and innovative choice experiments to generate new knowledge to the rapidly expanding economics literature on subjective wellbeing measures and individual and societal welfare. This evidence will help prioritise those policies which maximise the wellbeing of Australians.Read moreRead less
Improving external validity of stated choice experiments. This project aims to deliver more accurate estimates of choice behaviour by reducing biases due to choice task complexity in surveys as well as design artefacts. Extracting 'true' preferences is challenging, not only due to possible hypothetical bias, but also due to increasingly complex choice tasks and the existence of design artefacts. This project will investigate the latter two in the context of marketing, transport, health, and envi ....Improving external validity of stated choice experiments. This project aims to deliver more accurate estimates of choice behaviour by reducing biases due to choice task complexity in surveys as well as design artefacts. Extracting 'true' preferences is challenging, not only due to possible hypothetical bias, but also due to increasingly complex choice tasks and the existence of design artefacts. This project will investigate the latter two in the context of marketing, transport, health, and environmental economics, and proposes new methodologies to extract preferences that more closely reflect true behaviour in real markets.Read moreRead less
Super Financial Security: Improving Flexibility, Trust and Communication. This project aims to address the significant worldwide challenge of how to safeguard financial wellbeing at older ages. In doing so it aims to investigate three important and interconnected influences on retirement preparation: flexible choice architecture, trust formation and effective communication. The project aims to use a combination of innovative modelling, experimental and field-based approaches. The principal expec ....Super Financial Security: Improving Flexibility, Trust and Communication. This project aims to address the significant worldwide challenge of how to safeguard financial wellbeing at older ages. In doing so it aims to investigate three important and interconnected influences on retirement preparation: flexible choice architecture, trust formation and effective communication. The project aims to use a combination of innovative modelling, experimental and field-based approaches. The principal expected outcomes are insights into the factors that guide superannuation choice, build trust with superannuation providers, and ensure clear and effective communication with members.Read moreRead less