Honesty and efficiency in the provision of expert services: doctors and other experts as participants in economic experiments. Experts serve us when we see the doctor, the financial planner or the car mechanic. In all these case the expert can take advantage of his superior knowledge and sell us something we do not need. This research will inform policy makers about the underlying motives of real world experts and allow them to design better institutions.
(When) should organisations employ over/underqualified individuals? The aim of the project is to better understand how employee qualifications (ie the extent to which an employee is qualified for the job they hold) influences their voluntary turnover decisions and job performance. Demand and supply in the labour market are frequently out of sync; around half of Australian employees have a level of qualification that does not match the position in which they are currently working. The project aim ....(When) should organisations employ over/underqualified individuals? The aim of the project is to better understand how employee qualifications (ie the extent to which an employee is qualified for the job they hold) influences their voluntary turnover decisions and job performance. Demand and supply in the labour market are frequently out of sync; around half of Australian employees have a level of qualification that does not match the position in which they are currently working. The project aims to establish under what conditions organisations and employees can get the performance benefits from employee qualifications while avoiding fast rates of voluntary turnover. The goal of the project is to develop insights about how to make full use of the benefits of qualifications while avoiding the pitfalls. Insights from this research may be of potential benefit to both workers and to employing organisations.Read moreRead less
Flexible methods for latent variable models applied to Health Economics. This project aims to develop flexible and powerful methods for estimating models containing variables that are unobserved, that is, latent. Such models are often used to capture individual heterogeneity and time dependence in data collected on individuals, with each individual observed for several time periods. Latent variables can also infer group membership, where such membership is unavailable from the data. The intended ....Flexible methods for latent variable models applied to Health Economics. This project aims to develop flexible and powerful methods for estimating models containing variables that are unobserved, that is, latent. Such models are often used to capture individual heterogeneity and time dependence in data collected on individuals, with each individual observed for several time periods. Latent variables can also infer group membership, where such membership is unavailable from the data. The intended methodology is Bayesian and based on new particle methods that allow users to select between models and predict future observations even in complex situations. The research aims to inform decision making through improved use of data in health economics and related fields.Read moreRead less
Econometric studies of the dynamics of loneliness and social isolation. This project aims to provide new insights into the socioeconomic dynamics of loneliness and social isolation using advanced econometric modelling techniques applied to longitudinal data from Australia and the UK. This project will apply advanced econometric modelling techniques to data from four nationally-representative longitudinal surveys to substantively help address these knowledge gaps, giving policy-makers new informa ....Econometric studies of the dynamics of loneliness and social isolation. This project aims to provide new insights into the socioeconomic dynamics of loneliness and social isolation using advanced econometric modelling techniques applied to longitudinal data from Australia and the UK. This project will apply advanced econometric modelling techniques to data from four nationally-representative longitudinal surveys to substantively help address these knowledge gaps, giving policy-makers new information about how to address these growing societal concerns. The expected outcomes will provide policy-makers with a better understanding of the socioeconomic triggers for loneliness and social isolation; quantify the costs of loneliness and social isolation on health and wellbeing; and identify policy interventions aimed at reducing loneliness and social isolation.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
Older workers & psychological contracts: A dynamic perspective. This project aims to track the trajectories of older workers’ psychological contracts that shape their give-and-take with the organisation. Little is understood about how these psychological contracts change as older workers continue to pursue work through their fifth, sixth, seventh and eighth decades of life. This project tracks older workers over intensive, repeated in-depth interviews and a large-scale longitudinal panel study. ....Older workers & psychological contracts: A dynamic perspective. This project aims to track the trajectories of older workers’ psychological contracts that shape their give-and-take with the organisation. Little is understood about how these psychological contracts change as older workers continue to pursue work through their fifth, sixth, seventh and eighth decades of life. This project tracks older workers over intensive, repeated in-depth interviews and a large-scale longitudinal panel study. The outcomes fill significant gaps in our understanding of older workers’ needs and orientation toward work, and identify the age-related changes and organisational practices that spur older workers to sustain a strong trajectory of productive participation in the workforce.Read moreRead less
Neuroeconomic foundations of probability and value perception. This project aims to investigate well-known behavioural “biases” in probability and value perception through the lens of neurobiology. This project will generate new knowledge on how the value of rewards, and the likelihood of receiving them, are incorporated in the decision-making process. Using an interdisciplinary approach, this project will be of interest to researchers from several domains of social science, which focus on how a ....Neuroeconomic foundations of probability and value perception. This project aims to investigate well-known behavioural “biases” in probability and value perception through the lens of neurobiology. This project will generate new knowledge on how the value of rewards, and the likelihood of receiving them, are incorporated in the decision-making process. Using an interdisciplinary approach, this project will be of interest to researchers from several domains of social science, which focus on how and why people make their decisions and how we could improve people’s wellbeing by improving their choices. The findings will provide insights into effective, behaviour-related policy design that aims to improve peoples’ well-being.Read moreRead less
Games and decisions with bounded rationality: theory and economic implications. This project will develop concepts and tools for decision making in complex environments, where it is impossible to fully characterise the possible outcomes and factors that may affect them. A central goal will be to integrate heuristic rules such as the precautionary principle with the more formal approach adopted in benefit-cost analysis.
How eating patterns interact with activity, sleep and mood. This project aims to understand temporal eating patterns (the timing and distribution of food intake and eating occasions across the day) among adults and how these eating patterns interact with activity and sleep patterns. Eating, activity and sleep patterns form a lifestyle triad which may be important for well-being and productivity. The project will study eating, activity and sleep patterns in daily life, to examine their social dri ....How eating patterns interact with activity, sleep and mood. This project aims to understand temporal eating patterns (the timing and distribution of food intake and eating occasions across the day) among adults and how these eating patterns interact with activity and sleep patterns. Eating, activity and sleep patterns form a lifestyle triad which may be important for well-being and productivity. The project will study eating, activity and sleep patterns in daily life, to examine their social drivers, interactions and effect on mood. This project could enable these behaviours to be targeted, with the potential to promote healthy lifestyles and improve health, quality of life and productivity.Read moreRead less