Improving external validity of stated choice experiments. This project aims to deliver more accurate estimates of choice behaviour by reducing biases due to choice task complexity in surveys as well as design artefacts. Extracting 'true' preferences is challenging, not only due to possible hypothetical bias, but also due to increasingly complex choice tasks and the existence of design artefacts. This project will investigate the latter two in the context of marketing, transport, health, and envi ....Improving external validity of stated choice experiments. This project aims to deliver more accurate estimates of choice behaviour by reducing biases due to choice task complexity in surveys as well as design artefacts. Extracting 'true' preferences is challenging, not only due to possible hypothetical bias, but also due to increasingly complex choice tasks and the existence of design artefacts. This project will investigate the latter two in the context of marketing, transport, health, and environmental economics, and proposes new methodologies to extract preferences that more closely reflect true behaviour in real markets.Read moreRead less
Dynamic vulnerability of urban road networks. Road transport networks are vital to the economic and social health of our society. Poorly performing networks lead to significant costs and adverse environmental and health impacts. This project will develop methods and tools to predict the effects of network failure through incident-related congestion at bottlenecks (e.g. congestion from accidents, vehicle breakdowns, road works, lane blockages and road closures) and to suggest remedial action plan ....Dynamic vulnerability of urban road networks. Road transport networks are vital to the economic and social health of our society. Poorly performing networks lead to significant costs and adverse environmental and health impacts. This project will develop methods and tools to predict the effects of network failure through incident-related congestion at bottlenecks (e.g. congestion from accidents, vehicle breakdowns, road works, lane blockages and road closures) and to suggest remedial action plans in the case of bottleneck formation. Incident related congestion is responsible for more than 50% of the ($9.4B p.a.) cost of congestion in Australia's major cities.Read moreRead less
Privatisation, Regulation and Institutional Structures of Airports: An International Study. Airports are typically locational monopolies possessing strong market power - abuse of this is controlled by public ownership, regulation or not-for-profit operation. All these pose problems for achieving economic efficiency while meeting environmental standards. Design of efficient regulation, and the Australian experiment with price monitored private airports, will be analysed. Using data from Austr ....Privatisation, Regulation and Institutional Structures of Airports: An International Study. Airports are typically locational monopolies possessing strong market power - abuse of this is controlled by public ownership, regulation or not-for-profit operation. All these pose problems for achieving economic efficiency while meeting environmental standards. Design of efficient regulation, and the Australian experiment with price monitored private airports, will be analysed. Using data from Australian and overseas airports, the performance of airports operating under the alternative systems will be evaluated, enabling an assessment of performance and privatisation; a comparison of private, public and not-for-profit systems; and pointing out how better governance options can be designed.Read moreRead less
Integrating Attribute Decision Heuristics into Travel Choice Models that accommodate Risk Attitude and Perceptual Conditioning. This proposal has the specific objective of integrating two disconnected literatures that are having a major influence on the behavioural and statistical performance of discrete choice models in travel choice modelling. These fields are attribute processing strategies and the conditioning of the marginal utility of attributes by risk attitude and perceptual conditioning ....Integrating Attribute Decision Heuristics into Travel Choice Models that accommodate Risk Attitude and Perceptual Conditioning. This proposal has the specific objective of integrating two disconnected literatures that are having a major influence on the behavioural and statistical performance of discrete choice models in travel choice modelling. These fields are attribute processing strategies and the conditioning of the marginal utility of attributes by risk attitude and perceptual conditioning. These two major developments have not been jointly integrated into a behaviourally richer representation of choice making. Given the encouraging evidence from both literatures, the research will determine more precisely the benefits in terms of improved estimates of willingness to pay for specific attributes and also increased predictive power. Read moreRead less
Development of a Value of Life Framework to Assist Priority Setting Decision Making Across Sectors. The techniques used to evaluate life-saving interventions differ between health and other sectors. In health cost-effectiveness or cost-utility anlaysis is common, avoiding specification of a value for life. In contrast the transport and environment sectors use cost-benefit analysis and value life in monetary terms. This duality of approaches has resulted in a lower implicit value of life in th ....Development of a Value of Life Framework to Assist Priority Setting Decision Making Across Sectors. The techniques used to evaluate life-saving interventions differ between health and other sectors. In health cost-effectiveness or cost-utility anlaysis is common, avoiding specification of a value for life. In contrast the transport and environment sectors use cost-benefit analysis and value life in monetary terms. This duality of approaches has resulted in a lower implicit value of life in the health sector. The research will explore these differences and attempt to identify key attributes that influence how life is valued, to provide a framework for a single approach to the valuation of life, and the more efficient allocation of resources cross-sectorally.Read moreRead less
Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness di ....Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness differs; productivity will be measured using input and output prices. Patterns in productivity will be analysed, and the hypothesis that productivity varies inversely with real incomes, observed in other service industries, will be tested.Read moreRead less
Transport and productivity, a study on Australia's largest trading partner. This project aims to study how transport infrastructure supports innovations, productivity gains, and industrial development. This project will study the effects of this development on productivity and resource allocation in the manufacturing sector, output and efficiency growth, and the spatial allocation of capital and labour inputs. The project expects to build a geospatial database covering China's full transportatio ....Transport and productivity, a study on Australia's largest trading partner. This project aims to study how transport infrastructure supports innovations, productivity gains, and industrial development. This project will study the effects of this development on productivity and resource allocation in the manufacturing sector, output and efficiency growth, and the spatial allocation of capital and labour inputs. The project expects to build a geospatial database covering China's full transportation network from 1993-2014, merge this database with manufacturing plants’ longitudinal data, and apply (quasi)-natural experiments for analyses. Knowledge derived from this project will be significant for Australia because China’s productivity, resource allocation, and competitive advantage directly impact Australia’s industrial development, employment and sustainable economic growth.Read moreRead less
Innovative urban traffic congestion solutions: optimising road space using networks of multi-class priority lanes. This project strengthens national approaches to a pervasive Australian problem; growing traffic congestion deteriorating liveability, environmental health and economic performance of the cities. This project improves approaches for traffic priority design to improve the efficiency of several class of vehicles and therefore, reducing traffic congestion.
Integrating Accident and Travel Delay Externalities in an Urban Speed Reduction Context. The recognition that accident externalities are not independent of travel delays, and hence travel time savings and losses will promote a serious policy rethink about strategies designed to reduce the risk of exposure to accidents. The evidence is designed to identify that additional externality that has to be factored into the accident costs to recognise the other sources of externality typically ignored in ....Integrating Accident and Travel Delay Externalities in an Urban Speed Reduction Context. The recognition that accident externalities are not independent of travel delays, and hence travel time savings and losses will promote a serious policy rethink about strategies designed to reduce the risk of exposure to accidents. The evidence is designed to identify that additional externality that has to be factored into the accident costs to recognise the other sources of externality typically ignored in accident costing and speed restriction studies. The implication on the development of a national program of road safety is likely to be profound. Read moreRead less
Business location decisions. This project aims to develop a forecasting model system for economic planning that integrates business (re-) location and co-location choices. Improved transport infrastructure connects places and can influence the location of businesses. This project will use forecasting models to quantify the drivers of firm location decisions linked to an integrated strategic transport and land use modelling system. This project expects to provide guidance for transport investment ....Business location decisions. This project aims to develop a forecasting model system for economic planning that integrates business (re-) location and co-location choices. Improved transport infrastructure connects places and can influence the location of businesses. This project will use forecasting models to quantify the drivers of firm location decisions linked to an integrated strategic transport and land use modelling system. This project expects to provide guidance for transport investment that brings gains in productivity to industry and the economy and wellbeing to individuals and society.Read moreRead less