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
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
Information acquisition and voting behaviour. This project aims to understand citizens’ decisions to acquire information about different policy proposals within a democracy and how such information affects their voting behaviour. Proper democracies rely on the informed participation of their citizens in the political debate and political institutions. The project intends to provide formal theories of information acquisition together with empirical evidence on how voting decisions are shaped by t ....Information acquisition and voting behaviour. This project aims to understand citizens’ decisions to acquire information about different policy proposals within a democracy and how such information affects their voting behaviour. Proper democracies rely on the informed participation of their citizens in the political debate and political institutions. The project intends to provide formal theories of information acquisition together with empirical evidence on how voting decisions are shaped by the quantity and quality of information. Understanding how citizens decide to acquire information would help devise policies to reduce polarisation and improve the quality of the political debate and the democracy.Read moreRead less
The economics of (mis)information in the age of social media. New media technologies allow anyone to broadcast their views, leading to a “cacophony of voices” where misinformation flourishes. Tools from information economics are tailor-made for understanding information consumption in settings with many biased news sources. We develop economic models where many sources compete to attract and influence heterogenous listeners. We then study how misinformation spreads and amplifies when consumers ....The economics of (mis)information in the age of social media. New media technologies allow anyone to broadcast their views, leading to a “cacophony of voices” where misinformation flourishes. Tools from information economics are tailor-made for understanding information consumption in settings with many biased news sources. We develop economic models where many sources compete to attract and influence heterogenous listeners. We then study how misinformation spreads and amplifies when consumers of information communicate with many others through a social network. Finally, we study how to design simple and robust rules to foster informative discourse and filter misinformation. The results will shape economic policy recommendations for regulating misinformation in media platforms and social media.Read moreRead less
Legitimacy and representation: A comprehensive study of electoral systems and strategic voting behaviour. What makes a good electoral system? How can it reflect the preference of the majority while guaranteeing representation to minorities? Should voting be voluntary or mandatory? These are very relevant questions for any democracy, but particularly so for Australia: a country which has always been at the forefront of the electoral debate, that proudly strives to represent with fairness all sect ....Legitimacy and representation: A comprehensive study of electoral systems and strategic voting behaviour. What makes a good electoral system? How can it reflect the preference of the majority while guaranteeing representation to minorities? Should voting be voluntary or mandatory? These are very relevant questions for any democracy, but particularly so for Australia: a country which has always been at the forefront of the electoral debate, that proudly strives to represent with fairness all sectors of its very diverse society and where voting is not only a citizen's right, but also her duty. By approaching these issues in a game theoretic framework, this project proposes to investigate the strategic nature of voting through a comprehensive study of electoral systems. The project will then test our theoretical predictions through a series of laboratory experiments. Read moreRead less
Safe and efficient eco-driving using connected and automated vehicles. This project aims to solve the paradox of trading off liveability for mobility by simultaneously reducing traffic congestion, vehicle energy consumption, and emission. This project is expected to generate fundamental knowledge and powerful tools on utilising connected and automated vehicles to help individuals become green drivers. Expected outcomes include ground-breaking models capable of holistically optimising traffic ef ....Safe and efficient eco-driving using connected and automated vehicles. This project aims to solve the paradox of trading off liveability for mobility by simultaneously reducing traffic congestion, vehicle energy consumption, and emission. This project is expected to generate fundamental knowledge and powerful tools on utilising connected and automated vehicles to help individuals become green drivers. Expected outcomes include ground-breaking models capable of holistically optimising traffic efficiency, energy consumption and emission, and innovative control strategies and policies that focus on energy efficiency and environment protection. This research will bring a wide range of substantial national benefits related to mobility, public health, environmental protection, and energy security.Read moreRead less
Fluid-thermal-structural interactions on high-speed aerospace vehicles. Sixteen years after the retirement of Concorde, high-speed commercial flight is once again on the rise with the development of new supersonic business jets and small airliners as well as hypersonic transport and reusable space launch systems. Robust and efficient designs for these light-weight vehicles must address the problem of aerodynamic heating and its effect on structural performance and lifing. This project will desig ....Fluid-thermal-structural interactions on high-speed aerospace vehicles. Sixteen years after the retirement of Concorde, high-speed commercial flight is once again on the rise with the development of new supersonic business jets and small airliners as well as hypersonic transport and reusable space launch systems. Robust and efficient designs for these light-weight vehicles must address the problem of aerodynamic heating and its effect on structural performance and lifing. This project will design and perform first-of-kind experiments that reproduce the complex fluid-thermal-structural interactions representative of those experienced by these aircraft and rockets. We will then use these measurements to assess, validate and improve the current state-of-the-art of simulation and modelling approaches for design.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
Fluid-structural interactions in high-speed flows. This project aims to perform experiments to measure fluid-structure interaction in hypersonic flows. The work will improve the accuracy of simulation tools that are urgently required to aid industry in the design of more structurally efficient and robust high-speed vehicles. These tools will in turn be used to reveal the underlying physics of the fluid-structure interactions and establish the relative significance of the driving parameters. Accu ....Fluid-structural interactions in high-speed flows. This project aims to perform experiments to measure fluid-structure interaction in hypersonic flows. The work will improve the accuracy of simulation tools that are urgently required to aid industry in the design of more structurally efficient and robust high-speed vehicles. These tools will in turn be used to reveal the underlying physics of the fluid-structure interactions and establish the relative significance of the driving parameters. Accurate prediction of the behaviour and lifetime of structural components subject to these fluid-structural interactions, in which the deformation of the structure induced by the local flow field, can in turn influence this flow field. This coupling can result in damage or even catastrophic structural failure and thus robust design tools must be developed to avoid this.Read moreRead less
Understanding macroeconomic fluctuations with unobserved networks. Whilst empirical evidence suggests that firm-level shocks can have large aggregate effects, via network connections, macroeconomic policies have mostly an aggregate nature. This project aims to build a new framework to disentangle aggregate shocks from shocks to individual units. The major innovations are i) to infer the network from the data and ii) to jointly estimate aggregate factors and network effects. Expected outcomes are ....Understanding macroeconomic fluctuations with unobserved networks. Whilst empirical evidence suggests that firm-level shocks can have large aggregate effects, via network connections, macroeconomic policies have mostly an aggregate nature. This project aims to build a new framework to disentangle aggregate shocks from shocks to individual units. The major innovations are i) to infer the network from the data and ii) to jointly estimate aggregate factors and network effects. Expected outcomes are i) measures of systemic risk and ii) a theoretical framework to study the optimality of aggregate versus sectoral stabilization policies. Benefits include a better understanding of macroeconomic fluctuations in Australia and proposed economic policies to mitigate large and persistent declines in employment and GDP.Read moreRead less