Testing the Flood Pulse Concept for rivers with variable flow regimes. For floodplain rivers the major unifying conceptual model linking hydrology, biogeochemistry and ecology is the Flood Pulse Concept (FPC). The model is based on rivers that have a seasonally predictable and long duration inundation of floodplain habitats. Recent reviews of the FPC indicate that the model needs to be broadened to describe the function of rivers with more variable flow regimes. This project will test some of th ....Testing the Flood Pulse Concept for rivers with variable flow regimes. For floodplain rivers the major unifying conceptual model linking hydrology, biogeochemistry and ecology is the Flood Pulse Concept (FPC). The model is based on rivers that have a seasonally predictable and long duration inundation of floodplain habitats. Recent reviews of the FPC indicate that the model needs to be broadened to describe the function of rivers with more variable flow regimes. This project will test some of the predictions of the FPC for variable dryland rivers by investigating how food webs in the channels of a floodplain reach respond to flows of different magnitude, seasonal timing and duration.Read moreRead less
A new theoretical approach to pension fund economics, asset management and insurance. A new generation of sustainable pensions will be proposed, which can, in the long term, increase several times the level of pension payouts. The groundbreaking underlying theoretical approach suggests a paradigm shift and dramatic improvements in the performance of pensions and other long dated contracts in asset management and insurance.
Extreme Value Theory Approaches to Insurance in a Catastrophic Environment. Recent decades are marked by numerous significant natural (climate change) or man-made (financial crises) catastrophes, which have significantly altered the landscape of the insurance industry. These have potentially significant negative impacts on the availability and affordability of insurance, and hence on the capability and capacity of households and businesses to take risks and be competitive. This project endeavour ....Extreme Value Theory Approaches to Insurance in a Catastrophic Environment. Recent decades are marked by numerous significant natural (climate change) or man-made (financial crises) catastrophes, which have significantly altered the landscape of the insurance industry. These have potentially significant negative impacts on the availability and affordability of insurance, and hence on the capability and capacity of households and businesses to take risks and be competitive. This project endeavours to establish progressive approaches (using extreme value theory) to the challenges faced by insurance in such a catastrophic environment. They will enhance the financial stability and competitivity of the Australian economy, and further establish its global leadership in dealing with climate changes and catastrophes.Read moreRead less
A cross-national study of the relative impact of an oral component on PhD examination quality, language and practice. High quality doctoral degrees call for the most effective forms of assessment. This project investigates the role of oral examination in PhD assessment, common internationally but not in Australia, and is the first to compare the relative impact of oral and 'no oral' models on examination quality, language and practice.
Assessing absolute sustainability of global cities. The project aims to create a quantitative modelling framework for assessing the absolute sustainability of cities by combining global multi-region input-output analysis with the 'safe and just space' concept for human development. The model will allow assessment of the full supply chain environmental and social impacts of urban economic activities against biophysical planetary limits as well as social foundation thresholds defined in the litera ....Assessing absolute sustainability of global cities. The project aims to create a quantitative modelling framework for assessing the absolute sustainability of cities by combining global multi-region input-output analysis with the 'safe and just space' concept for human development. The model will allow assessment of the full supply chain environmental and social impacts of urban economic activities against biophysical planetary limits as well as social foundation thresholds defined in the literature. The project will advance sustainability science methodology and will greatly benefit worldwide initiatives for urban sustainability. Case studies on Australian cities will assess where interventions can be most practically, realistically and effectively implemented.Read moreRead less
Sustainable Australian food production within secure global supply chains. This project aims at exploring future pathways for the Australian food system to remain secure under future disruptive changes, environmentally and socially sustainable, and able to offer healthy food choices. It will reveal the connections among food supply chains, diets and human health, and portray a food system that achieves public health and sustainability goals while positioning Australia securely into the global su ....Sustainable Australian food production within secure global supply chains. This project aims at exploring future pathways for the Australian food system to remain secure under future disruptive changes, environmentally and socially sustainable, and able to offer healthy food choices. It will reveal the connections among food supply chains, diets and human health, and portray a food system that achieves public health and sustainability goals while positioning Australia securely into the global supply chain network. These goals will be achieved by creating the Australian Food Lab, which will provide a collaborative research platform for environmental scientists, economists, public health experts, and food industry representatives for investigating issues pertaining to the future of our food system.Read moreRead less
Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use ad ....Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use advanced statistical methods to estimate the benefits of clearer decision-making. The outcomes of this project includes new models of complex financial decisions, and a better understanding of where confusion arises and the effects it may have. Decreased confusion will raise financial well-being and help communities become more resilient to financial shocks.Read moreRead less
Do wealth creating mergers and acquisitions really hurt acquirer shareholders? The purpose of this project is to investigate the benefit to the community of acquisitions, especially when the stock price of the acquirer falls on the announcement. This project is likely to show that acquiring shareholders still gain substantially in these circumstances. The outcome will be fewer failed bids with better regulatory outcomes.
PhD ASSESSMENT: AN INVESTIGATION OF EXAMINATION PROCESS, EXAMINER CONSISTENCY AND FACTORS THAT IDENTIFY THESIS QUALITY ACROSS DISCIPLINES. Doctoral research is a significant component of research activity in Australian higher education and effective research student supervision and high quality research are key goals. The main control over quality is the thesis examination, but there is no systematic study of examiner consistency or application of standards within and across disciplines. Drawing ....PhD ASSESSMENT: AN INVESTIGATION OF EXAMINATION PROCESS, EXAMINER CONSISTENCY AND FACTORS THAT IDENTIFY THESIS QUALITY ACROSS DISCIPLINES. Doctoral research is a significant component of research activity in Australian higher education and effective research student supervision and high quality research are key goals. The main control over quality is the thesis examination, but there is no systematic study of examiner consistency or application of standards within and across disciplines. Drawing on candidature history, examiner reports and ratings, this cross-institutional study responds to the need for foundational research into the area. The study will ascertain assessment processes, assessment criteria and factors that identify highly rated theses. The ultimate aim is to improve the quality of doctoral education practices.Read moreRead less
Quantitative Analysis of Systemic Risk in Insurance. This project aims to achieve a contemporary and comprehensive quantitative analysis of systemic risk in insurance. The significance lies in narrowing the gap between the studies of systemic risk in banking and insurance. Expected outcomes include the construction of insurance/reinsurance networks to formalise systemic risk, the analysis of the role of network integration, and the development of pricing frameworks to entail a systemic risk prem ....Quantitative Analysis of Systemic Risk in Insurance. This project aims to achieve a contemporary and comprehensive quantitative analysis of systemic risk in insurance. The significance lies in narrowing the gap between the studies of systemic risk in banking and insurance. Expected outcomes include the construction of insurance/reinsurance networks to formalise systemic risk, the analysis of the role of network integration, and the development of pricing frameworks to entail a systemic risk premium. The project will benefit insurers and regulators by providing a forward-looking approach to monitoring and assessing insurance risk during a systemic crisis. These important original contributions to insurance risk management will help establish Australia’s global leadership in systemic risk.Read moreRead less