Advanced matrix-analytic methods with applications. Over the last twenty-five years, matrix-analytic methods have proved to be very successful in formulating and analysing certain classes of stochastic models. Motivated by applications, this project will investigate more advanced matrix-analytic methods than have hitherto been studied.
Sustainable fiscal federalism and reform of the GST distribution system. The primary source of funds for Australian States and Territories is GST revenue distributed by the Commonwealth using an equalisation formula that has proved to be politically unsustainable and in recent times manifestly inadequate to provide the revenue needed in response to crises and natural disasters. A tipping point has been reached and reform is urgently needed. Drawing on international experience with GST distributi ....Sustainable fiscal federalism and reform of the GST distribution system. The primary source of funds for Australian States and Territories is GST revenue distributed by the Commonwealth using an equalisation formula that has proved to be politically unsustainable and in recent times manifestly inadequate to provide the revenue needed in response to crises and natural disasters. A tipping point has been reached and reform is urgently needed. Drawing on international experience with GST distributions specifically and fiscal federalism more generally, the project aims to develop a reform blueprint for a sustainable and equitable fiscal federalism regime in Australia that best aligns with Australia’s current and long-term fiscal needs.Read moreRead less
How do Changes in Institutional Memory Affect Public Policy Processes? . This project will analyse how changes in institutional memory inside government impact on the effectiveness of public policy processes. Institutional memory changes as ministers, public servants and public agencies come and go, but we don’t know what effect these changes have over the quality of public policy. This project will therefore analyse how changes to institutional memory have influenced public services and polici ....How do Changes in Institutional Memory Affect Public Policy Processes? . This project will analyse how changes in institutional memory inside government impact on the effectiveness of public policy processes. Institutional memory changes as ministers, public servants and public agencies come and go, but we don’t know what effect these changes have over the quality of public policy. This project will therefore analyse how changes to institutional memory have influenced public services and policies in Australia and the UK. Expected outcomes include best practice recommendations for government - about how to address memory loss to improve public policy - and novel academic findings about how institutional memory influences the character of public service delivery, lesson-learning and long-term reform.Read moreRead less
Change Detection in Causal Relationships and Measurement of Systemic Risk. Empirical measures of interconnectedness between financial institutions based on tests of Granger causality are currently used in detecting systemic risk. However, researchers need to define periods of calm and stress exogenously in order to implement these tests appropriately. This project aims to develop a new procedure to identify changes in causal relationships and the timing of these changes. The new approach has the ....Change Detection in Causal Relationships and Measurement of Systemic Risk. Empirical measures of interconnectedness between financial institutions based on tests of Granger causality are currently used in detecting systemic risk. However, researchers need to define periods of calm and stress exogenously in order to implement these tests appropriately. This project aims to develop a new procedure to identify changes in causal relationships and the timing of these changes. The new approach has the potential to be a significant improvement in the real-time identification of emerging turmoil in financial markets and provide an improved method for the detection of systemic risk. The new test procedure will be implemented using data for financial and non-financial institutions across Europe, the US and Australia.Read moreRead less
Detecting financial contagion using high frequency data. Financial crises spread extraordinarily quickly. However, existing tools for measuring this spread use relatively low frequency data. This project develops tools for measuring and detecting periods of stress and the effects of financial contagion in financial markets, using high frequency data based on recorded transaction prices.
Optimising Control of Hydroelectric Turbines Subject to Basslink Instability. With the introduction of Basslink, an underwater DC power cable across the Bass Strait, Tasmania will be connected to the national Electricity Market. Basslink will also provide an opportunity to utilise the significant water energy potential found throughout Tasmania. This project will examine the impact and disturbances due to the connection of Basslink with Tasmanian hydro power systems and develop control strategi ....Optimising Control of Hydroelectric Turbines Subject to Basslink Instability. With the introduction of Basslink, an underwater DC power cable across the Bass Strait, Tasmania will be connected to the national Electricity Market. Basslink will also provide an opportunity to utilise the significant water energy potential found throughout Tasmania. This project will examine the impact and disturbances due to the connection of Basslink with Tasmanian hydro power systems and develop control strategies for effective operation and control of hydro turbines with Basslink. Particular attention will be paid to the quality and reliability of electricity supply in Tasmania.Read moreRead less
Cabinet Government in comparative perspective. This project explores how cabinet government is, or is not, able to develop a collective will. Cabinets lie at the heart of parliamentary systems, but public and academic analyses question whether they work effectively. Using examples of majoritarian and consensus democratic regimes, this project plans to examine how cabinets work and identify the different functions cabinet plays in developing collective views of policy or political situations. The ....Cabinet Government in comparative perspective. This project explores how cabinet government is, or is not, able to develop a collective will. Cabinets lie at the heart of parliamentary systems, but public and academic analyses question whether they work effectively. Using examples of majoritarian and consensus democratic regimes, this project plans to examine how cabinets work and identify the different functions cabinet plays in developing collective views of policy or political situations. The project expects to illustrates how the different appreciations of cabinet, whether seen as constitutional or operational, or in terms of policy analysis or political contests, help define the values of cabinet and can allow us to understand in what circumstances cabinet government is important in terms of stability and sensible policy. It asks if collective cabinets like Australia's can survive in the 21st century.Read moreRead less
Quantitative psychological theories for a dynamic world. . The dynamic world around us means we need to constantly adjust our decisions in light of ever-changing influences, both external (weather, traffic ...) and internal (fatigue, learning ...). This project aims to understand how these changes affect performance. This will have significance for basic science, and also practical benefits for applied psychology. This project will examine the dynamic nature of psychological processes in a range ....Quantitative psychological theories for a dynamic world. . The dynamic world around us means we need to constantly adjust our decisions in light of ever-changing influences, both external (weather, traffic ...) and internal (fatigue, learning ...). This project aims to understand how these changes affect performance. This will have significance for basic science, and also practical benefits for applied psychology. This project will examine the dynamic nature of psychological processes in a range of settings: simple decisions, consumer decisions, human-machine interactions, and team performance. Theory development will lead to improved understanding of underlying cognitive processes, and transforms the measurement of decisions, which is important for applied psychological investigations. Read moreRead less
Mapping the effect of social enterprise on regional city disadvantage. This project aims to explore how social enterprises affect wellbeing and community capacity in disadvantaged areas of regional cities. Governments increasingly invest in social enterprise to benefit individuals and places. This project will use a spatial methodology to map where and how benefits are realised. To date, robust evidence about how social enterprise affects disadvantage is lacking, partly due to inadequate researc ....Mapping the effect of social enterprise on regional city disadvantage. This project aims to explore how social enterprises affect wellbeing and community capacity in disadvantaged areas of regional cities. Governments increasingly invest in social enterprise to benefit individuals and places. This project will use a spatial methodology to map where and how benefits are realised. To date, robust evidence about how social enterprise affects disadvantage is lacking, partly due to inadequate research methodology. This project expects to provide web-based design tools and applications to assist regional city communities and councils in the development of social enterprises that can help disadvantaged people and places.Read moreRead less
Optimising the roles of online communities in rural resilience . This research will use data from online communities to identify roles they do, and could play, in rural resilience. It uses social media analytics and spatial methodology to taxonomise and map service topics and social resilience from online communities. Governments call for rural service innovation. To date, robust evidence about online versus local services needed, is lacking. This is partly due to lack of data about diverse cons ....Optimising the roles of online communities in rural resilience . This research will use data from online communities to identify roles they do, and could play, in rural resilience. It uses social media analytics and spatial methodology to taxonomise and map service topics and social resilience from online communities. Governments call for rural service innovation. To date, robust evidence about online versus local services needed, is lacking. This is partly due to lack of data about diverse consumers' priorities and gaps. Social media could offer latent insights, but ethical methodology producing useful de-identified policy insights has been lacking. This study exemplifies applying social media data analytics at scale to address policy problems and will produce up-to-date co-designed data use guidelines.Read moreRead less