Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agricul ....Solving the water crisis in Australian cities and towns with options contracts between urban and rural water users. We will equip water resource managers with a powerful and effective tool for the allocation of water resources between rural and urban sectors. The importance of this bridge cannot be understated. To date urban centres have endured stringent water restrictions to manage dwindling urban suppliers, while ignoring the potential benefits of purchasing water from the irrigated agriculture sector. Furthermore, rural communities have suffered hardship due to restricted agricultural production during times of drought. This research proposal represents an exciting solution to both problems and offers the tantalising prospect of water shortages in our capital cities and towns becoming distant memories.Read moreRead less
A Universal Approach to Sustainable Development: Economic, Environmental, and Social Indicators in Australia and Southeast Asia. Sustainable development has implications for all facets of society and yet is in real danger of becoming a hollow catch cry. A significant reason for this is the lack of operational and standard indicators across a broad spectrum of economic, environmental and social realms. The major innovation of this work will be the incorporation of social choice theory based on re ....A Universal Approach to Sustainable Development: Economic, Environmental, and Social Indicators in Australia and Southeast Asia. Sustainable development has implications for all facets of society and yet is in real danger of becoming a hollow catch cry. A significant reason for this is the lack of operational and standard indicators across a broad spectrum of economic, environmental and social realms. The major innovation of this work will be the incorporation of social choice theory based on revealed preferences into defining and measuring sustainable development in Australia and Southeast Asia. This project will benefit both state and national governments, as well as non government organisations, interested in sustainable development and future social welfare.Read moreRead less