Australian Laureate Fellowships - Grant ID: FL190100164
Funder
Australian Research Council
Funding Amount
$3,336,000.00
Summary
Water Justice: Indigenous Water Valuation and Resilient Decision-making . The aim is to value water and support resilient decision-making for water justice. Its significance is to provide missing socio-cultural-environmental values of First Peoples water, the absence of which means Indigenous demands for water justice are frequently ignored. Project outcomes will empower First Peoples and support resilient and evidence-based decision-making. The key benefit is a sustainable Australia through: fi ....Water Justice: Indigenous Water Valuation and Resilient Decision-making . The aim is to value water and support resilient decision-making for water justice. Its significance is to provide missing socio-cultural-environmental values of First Peoples water, the absence of which means Indigenous demands for water justice are frequently ignored. Project outcomes will empower First Peoples and support resilient and evidence-based decision-making. The key benefit is a sustainable Australia through: first-ever conjoint socio-cultural values of First Peoples’ water; transformative decision-making to account for Indigenous values and risks (such as droughts); and a Water Justice Hub to create a generation of scholars in integrated water valuation, resilient decision-making, and Traditional Water Knowledge. Read moreRead less
Bioeconomic Modelling of Marine Reserves. Australian waters contain a huge range of biodiversity, but are under threat from human activities. To face this challenge and resolve the problems of depleted fisheries and habitat destruction, innovative approaches are required to integrate marine biology with fisheries economics. The research meets this immediate need by developing bioeconomic models of marine reserves to determine reserve location and size, and analyse interactions between reserves a ....Bioeconomic Modelling of Marine Reserves. Australian waters contain a huge range of biodiversity, but are under threat from human activities. To face this challenge and resolve the problems of depleted fisheries and habitat destruction, innovative approaches are required to integrate marine biology with fisheries economics. The research meets this immediate need by developing bioeconomic models of marine reserves to determine reserve location and size, and analyse interactions between reserves and harvested areas under environmental uncertainty. The models will be developed using the latest developments in economics, biology and numerical methods and will be used to conserve Australia's marine biodiversity and improve fisheries management.Read moreRead less
Adaptive economic management of Australia's urban water. This project responds to the so-called 'wicked problem' of ensuring an adequate supply of water to urban consumers at the lowest price even during long-term droughts. The project will generate, for the first time in the world, an integrated, dynamic, and adaptive supply and demand model to manage urban water optimally over time.
Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to se ....Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to sell water now but buy it back later, thus providing for long term population growth; and handling the differences between ACT's spare storage capacity and urban uses, and the downstream irrigation uses with which trade is most likely.Read moreRead less
Sustaining Australia's Marine Fisheries: Modelling and Managing Highly Migratory Fish Stocks of the Indian and Western and Central Pacific Oceans. The research program will enable Australia to sustainably use key marine resources by modelling and developing management strategies for tuna and billfish of the Pacific and Indian Oceans. The interdisciplinary research program will (1) develop a set of hypotheses about the critical variables and positive and negative feedbacks of highly migratory fis ....Sustaining Australia's Marine Fisheries: Modelling and Managing Highly Migratory Fish Stocks of the Indian and Western and Central Pacific Oceans. The research program will enable Australia to sustainably use key marine resources by modelling and developing management strategies for tuna and billfish of the Pacific and Indian Oceans. The interdisciplinary research program will (1) develop a set of hypotheses about the critical variables and positive and negative feedbacks of highly migratory fish stocks, (2) model the ecological and economic systems of tuna and billfish in the Pacific and Indian Oceans and (3), link the models to a framework to adaptively manage the resources in a multilateral context while ensuring their long-term sustainability.Read moreRead less
Income and well-being: Evidence from international commodity price shocks. This project aims to examine the effects of income from international commodity price windfalls on peoples’ well-being. Exports of natural resources (iron, coal and copper) are an important source of income for the Australian economy. International prices for these commodities have declined in recent years, lowering national income. The project will analyse both objective and subjective measures of well-being at both the ....Income and well-being: Evidence from international commodity price shocks. This project aims to examine the effects of income from international commodity price windfalls on peoples’ well-being. Exports of natural resources (iron, coal and copper) are an important source of income for the Australian economy. International prices for these commodities have declined in recent years, lowering national income. The project will analyse both objective and subjective measures of well-being at both the cross-country time-series and the sub-national levels, tailored to the Australian economy. It is expected that the project’s findings will benefit academia, public policy makers and everyday people. The project will inform academics and policy makers about how income from international commodity price windfalls affects peoples' well-being.Read moreRead less
Assessing willingness to pay for urban water, wastewater, gas and electricity delivery service standards. The utility industry is a substantial component of the Australian economy (2.2 % of GDP), underpinning national production. Recent infrastructure failures, costing up to $200 million per week, have been blamed largely on regulatory approaches that emphasise minimum price and cost solutions to utility service provision without any assessment or consideration of the willingness to pay for serv ....Assessing willingness to pay for urban water, wastewater, gas and electricity delivery service standards. The utility industry is a substantial component of the Australian economy (2.2 % of GDP), underpinning national production. Recent infrastructure failures, costing up to $200 million per week, have been blamed largely on regulatory approaches that emphasise minimum price and cost solutions to utility service provision without any assessment or consideration of the willingness to pay for service quality and the value people place on surety of supply. Research on the role of WTP for service standards in regulating price and service quality is required to prevent future infrastructure failures. This research will provide substantial economic benefits to Australia through improved regulation and better targeting of infrastructure investment.Read moreRead less
ARC Research Network for Economic Design. The Economic Design Network is a partnership of more than one hundred researchers and over forty international universities and research centres. The Network will support cross disciplinary research and policy innovation using state of the art techniques in economic theory and experimental economics. It will create practical policy tools that can be used to solve complex social and economic problems in industry economics, health economics and environment ....ARC Research Network for Economic Design. The Economic Design Network is a partnership of more than one hundred researchers and over forty international universities and research centres. The Network will support cross disciplinary research and policy innovation using state of the art techniques in economic theory and experimental economics. It will create practical policy tools that can be used to solve complex social and economic problems in industry economics, health economics and environmental policy. By linking Australian mid and early career researchers into multidisciplinary teams based around the world's top experimental economics laboratories, it will create a world class economic design capacity in Australia.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE130100996
Funder
Australian Research Council
Funding Amount
$372,000.00
Summary
Social learning: the diffusion of residential rooftop photovoltaic panels in Australia. Residential photovoltaic (PV) panels provide a sustainable solution to energy supply helping to address the climate change challenge. This project develops novel methodologies to study the diffusion mechanisms of PV panels. The outcomes will be useful for energy industries and the government for the effective formulation of their business strategies and policies.
Biosecurity or Trade Barrier? The Economic Costs of Quarantine. Agricultural, fishing and forestry groups are united in supporting strict biosecurity measures, such as quarantine, in order to prevent any possibility of the importation of diseases. However, the importation of certain products from "diseased" countries does not necessarily mean that the disease will also be imported, and even if imported it may not result in the destruction of the local industry. The "diseased" countries obviousl ....Biosecurity or Trade Barrier? The Economic Costs of Quarantine. Agricultural, fishing and forestry groups are united in supporting strict biosecurity measures, such as quarantine, in order to prevent any possibility of the importation of diseases. However, the importation of certain products from "diseased" countries does not necessarily mean that the disease will also be imported, and even if imported it may not result in the destruction of the local industry. The "diseased" countries obviously remain competitive if they are able to export the products. Foreign quarantine restrictions are restricting Australia's access to international markets. The costs to consumers of the current zero-tolerance policy has not been quantified. The costs may indeed exceed the benefit.Read moreRead less