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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
The economics of cooperative behaviour. Free-riding and rent-seeking, such as tax avoidance and nepotism, are group-undermining activities that societies including Australia continuously struggle with. The aim of this project is to develop a fuller understanding of how to protect human groups from these socially damaging group-related behaviours. Drawing on a conceptual grounding that combines ideas from across social science, the project aims to implement a suite of economic experiments to deve ....The economics of cooperative behaviour. Free-riding and rent-seeking, such as tax avoidance and nepotism, are group-undermining activities that societies including Australia continuously struggle with. The aim of this project is to develop a fuller understanding of how to protect human groups from these socially damaging group-related behaviours. Drawing on a conceptual grounding that combines ideas from across social science, the project aims to implement a suite of economic experiments to develop a view of humans' cooperative behaviour that unites several strands of economics literature and offers new insights about how institutions that counter free-riding and rent-seeking arise and are maintained.Read moreRead less
Reconceptualising industry sector development within the contemporary Australian city: The case of the information technology sector. This project will aim to uncover the reasons why Australia's Information Technology industry is ranked low among OECD countries by evaluating the impact of global and urban geography of the sector on the sector's performance. It will show how policies to achieve more advanced IT sector development need to consider Australia's distinctive position in the global eco ....Reconceptualising industry sector development within the contemporary Australian city: The case of the information technology sector. This project will aim to uncover the reasons why Australia's Information Technology industry is ranked low among OECD countries by evaluating the impact of global and urban geography of the sector on the sector's performance. It will show how policies to achieve more advanced IT sector development need to consider Australia's distinctive position in the global economy and particular factors in the Sydney and Melbourne IT clusters that both help, and hinder, development in ways not considered in present policy models.Read moreRead less
An investigation of the impacts of increased power supply to the national grid by wind generators on the Australian electricity industry. The aim of this project is to discover the most economical and effective way to accommodate large increases in wind power into the national grid and to understand the effects on the national electricity market. This is crucial to ensure stability of electricity supply and affordable prices in the transition towards a low carbon economy.
Leveraging research and development (R and D) for the Australian built environment. This project will evaluate impacts, diffusion mechanisms and uptake of research and development (R and D) in the Australian building and construction industry. Building on a retrospective analysis and industry consultation, a future-focussed industry roadmap will be developed to establish R and D policies to inform and improve R and D investment effectiveness.
About time: Climate change adaptation in Australian industries. This project aims to assist the most vulnerable industries in Australia as they adapt to climate change. By investigating the interplay between industry practices and climate impacts, the project proposes to develop a theoretical conceptualization of time. This is significant in addressing the temporal tension between financial short-termism and future climate commitments. The expected outcomes include advancing the scholarly discus ....About time: Climate change adaptation in Australian industries. This project aims to assist the most vulnerable industries in Australia as they adapt to climate change. By investigating the interplay between industry practices and climate impacts, the project proposes to develop a theoretical conceptualization of time. This is significant in addressing the temporal tension between financial short-termism and future climate commitments. The expected outcomes include advancing the scholarly discussion of time and the creation of a practical tool in the form of digital stories that will make sustainable futures actionable. This benefits Australian industries by strengthening their capacity to meet the future challenges of climate change.Read moreRead less
Using behavioural economic insights to overcome student procrastination. This project aims to study the relations between present-biased time preference, procrastination, and achievement at school, using economic experiments. Investment in human capital generates economic benefits for students, families, employers, and society, but its benefits are realised far into the future. Because of these immediate costs and delayed benefits, behavioural economic theory predicts that students will procrast ....Using behavioural economic insights to overcome student procrastination. This project aims to study the relations between present-biased time preference, procrastination, and achievement at school, using economic experiments. Investment in human capital generates economic benefits for students, families, employers, and society, but its benefits are realised far into the future. Because of these immediate costs and delayed benefits, behavioural economic theory predicts that students will procrastinate. This project will identify the characteristics of students at greatest risk of procrastination, evaluate practical strategies to overcome it, and examine whether it is associated with poorer outcomes. This should help schools and policy makers reduce educational inequalities, and yield long-term benefits over students’ lives.Read moreRead less
Incentivizing Attendance and Performance at School: A Field Experiment. This project aims to develop and evaluate an incentive-based program to increase the school attendance and performance of Indigenous students to help alleviate current inequalities between Indigenous and non-indigenous Australians. Only 43 per cent of Indigenous Australians graduate from high school compared to 78 per cent for non-Indigenous Australians. The study plans to investigate whether high value rewards (e.g. driving ....Incentivizing Attendance and Performance at School: A Field Experiment. This project aims to develop and evaluate an incentive-based program to increase the school attendance and performance of Indigenous students to help alleviate current inequalities between Indigenous and non-indigenous Australians. Only 43 per cent of Indigenous Australians graduate from high school compared to 78 per cent for non-Indigenous Australians. The study plans to investigate whether high value rewards (e.g. driving licence instruction) are effective in incentivising year 11 and 12 students. It also aims to examine whether the way incentives are provided — ex-post as traditionally done or ex-ante in the form of a trust-based contract — increase high school completion rates of Indigenous students where previous incentive schemes have failed.Read moreRead less
Microeconomic effects of Australian natural disasters. This project aims to describe and identify the effects of Australian natural disasters – such as the Black Saturday bushfires and the Brisbane floods – on important microeconomic outcomes, including health, education and employment. Natural disasters have profound economic and social effects on individuals and communities. This project intends to bring evidence on how disasters affect individuals and how the effects can be lessened. The proj ....Microeconomic effects of Australian natural disasters. This project aims to describe and identify the effects of Australian natural disasters – such as the Black Saturday bushfires and the Brisbane floods – on important microeconomic outcomes, including health, education and employment. Natural disasters have profound economic and social effects on individuals and communities. This project intends to bring evidence on how disasters affect individuals and how the effects can be lessened. The project expects to inform policy-makers on these critical issues by analysing field, survey and administrative data on individuals before and after past disasters.Read moreRead less
Business and democracy: Power, profit and participation. The project aims to explain how business influences democracy. While business and democracy are mutually reinforcing domains in any healthy and vibrant society, there are concerns about the way corporations may unduly influence or even curtail democratic processes. This project expects to generate new knowledge on how industry translates economic power into political influence. This includes the development of a new theory of power and a m ....Business and democracy: Power, profit and participation. The project aims to explain how business influences democracy. While business and democracy are mutually reinforcing domains in any healthy and vibrant society, there are concerns about the way corporations may unduly influence or even curtail democratic processes. This project expects to generate new knowledge on how industry translates economic power into political influence. This includes the development of a new theory of power and a methodology for examining political connections. This should provide significant benefits to public dialogue and policymakers concerning the task of strengthening citizen voice and decision-making in Australia and globally. Read moreRead less