The impact of crime on the mental wellbeing of communities. Considering not only the direct impact of crime on the victims but also the indirect consequences of living in a community with a higher crime rate may in fact lead to a more accurate analysis of the size of the consequences of criminal activities on the society. Further, it may also be the case that the negative externality of crime on non-victims is much larger for some crimes than for others. If this were the case, it could have impl ....The impact of crime on the mental wellbeing of communities. Considering not only the direct impact of crime on the victims but also the indirect consequences of living in a community with a higher crime rate may in fact lead to a more accurate analysis of the size of the consequences of criminal activities on the society. Further, it may also be the case that the negative externality of crime on non-victims is much larger for some crimes than for others. If this were the case, it could have implications for the way in which police resources are presently distributed across different crimes. Better understanding the total societal cost of crime - to both victims and non-victims - could therefore help improve public policy. Read moreRead less
Development of an international knowledgebase on urban transport policy instruments. This project will produce an on-line knowledgebase on urban transport policy instruments providing an understanding of the performance of such instruments from international experience. It will allow assessment of given instruments in different contexts, and identify opportunities for integration of policy instruments. It will assist decision-makers and interest groups to understand the role and potential of dif ....Development of an international knowledgebase on urban transport policy instruments. This project will produce an on-line knowledgebase on urban transport policy instruments providing an understanding of the performance of such instruments from international experience. It will allow assessment of given instruments in different contexts, and identify opportunities for integration of policy instruments. It will assist decision-makers and interest groups to understand the role and potential of different measures and provide a key source for transport researchers and educators. It will significantly assist achievement of urban transport policy objectives of reduced congestion; enhanced environment; greater safety; improved public health; better access; fairer opportunities; improved quality of life and increased sustainability.Read moreRead less
What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effec ....What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effects of increased income inequality; and the role of changes in preferences towards private schools. This information will provide a better evidence base for future policy development in this area.Read moreRead less
Active and Passive Techniques of Shock Wave/Boundary Layer Interaction Control. The shock wave/ boundary layer interaction (SBLI) is a formidable problem in high-speed aerodynamics. We investigate a novel method, using piezoelectric flap actuators to control the interaction. The aim is to participate in an experimental programme on SBLI control using longitudinal slots at The University of Cambridge's Engineering Department, a leading international institution for SBLI control. Their longitudina ....Active and Passive Techniques of Shock Wave/Boundary Layer Interaction Control. The shock wave/ boundary layer interaction (SBLI) is a formidable problem in high-speed aerodynamics. We investigate a novel method, using piezoelectric flap actuators to control the interaction. The aim is to participate in an experimental programme on SBLI control using longitudinal slots at The University of Cambridge's Engineering Department, a leading international institution for SBLI control. Their longitudinal slot control is very similar to unimorph control so that this research can be used to improve the understanding of unimorph control. Furthermore, their CFD program can validate our past work and allow theoretical optimisation to create a smart flap system.Read moreRead less
Maximum likelihood estimation of the parameters of stochastic differential equations. The primary objective of this project is to develop efficient algorithms for estimating the parameters of stochastic differential equations (SDEs) by simulated and exact maximum likelihood. The research will draw on both parametric and non-parametric analysis in novel ways to construct estimation procedures that are computationally feasible. These methods will then be applied in the area of finance and used to ....Maximum likelihood estimation of the parameters of stochastic differential equations. The primary objective of this project is to develop efficient algorithms for estimating the parameters of stochastic differential equations (SDEs) by simulated and exact maximum likelihood. The research will draw on both parametric and non-parametric analysis in novel ways to construct estimation procedures that are computationally feasible. These methods will then be applied in the area of finance and used to estimate the parameters of stochastic-volatility models, thus contributing to knowledge in a prominent area of complex systems, namely financial risk. The execution of this collaborative project will deliver quality research training in the topical area of mathematical finance and produce high-calibre postgraduates.
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Community perceptions of environmental risks associated with large construction projects. Large construction projects have an enormous environmental impact, yet there has been little research in this area, particularly in developing countries where many such projects are being procured. Furthermore, research tends to focus on ecological impacts and ignore social and cultural issues. The result is a poor understanding of how perceptions of environmental risk are shaped in affected communities. To ....Community perceptions of environmental risks associated with large construction projects. Large construction projects have an enormous environmental impact, yet there has been little research in this area, particularly in developing countries where many such projects are being procured. Furthermore, research tends to focus on ecological impacts and ignore social and cultural issues. The result is a poor understanding of how perceptions of environmental risk are shaped in affected communities. To address this problem, we aim to establish a research agenda to investigate how communities affected by large construction projects in China perceive environmental risks. The outcome will be recommendations to help construction companies develop sustainable, consultative and socially sensitive practices.Read moreRead less
Dehumidification and cooling driven by solar/waste heat using liquid desiccants. The provision of comfort cooling is responsible for a considerable and increasing portion of the world energy demand and electricity peak demand. To substitute electrically driven vapour compression machines with their high electrical energy consumption and especially high peak loads, the use of solar energy or waste heat for a cooling and dehumidification system driven by liquid desiccants is a promising opportunit ....Dehumidification and cooling driven by solar/waste heat using liquid desiccants. The provision of comfort cooling is responsible for a considerable and increasing portion of the world energy demand and electricity peak demand. To substitute electrically driven vapour compression machines with their high electrical energy consumption and especially high peak loads, the use of solar energy or waste heat for a cooling and dehumidification system driven by liquid desiccants is a promising opportunity. The project utilises the complementary strengths in the research groups to develop practical and economically feasible cooling/dehumidification systems for different types of buildings with different moisture removal and cooling requirements at different locations (Australia, Southern Europe).Read moreRead less
Personal income tax reform in Australia - development of a model. This project will produce a personal income tax model that can sustain the high revenue and other expectations imposed upon it, and yet deliver enhanced equity, efficiency and simplicity. The main benefits of developing such a model include the increased legitimacy of the income tax system, with enhanced compliance outcomes and a reduction in tax avoidance and evasion. Further benefits include reduced tax administrative and compli ....Personal income tax reform in Australia - development of a model. This project will produce a personal income tax model that can sustain the high revenue and other expectations imposed upon it, and yet deliver enhanced equity, efficiency and simplicity. The main benefits of developing such a model include the increased legitimacy of the income tax system, with enhanced compliance outcomes and a reduction in tax avoidance and evasion. Further benefits include reduced tax administrative and compliance costs, increased work effort and a positive ongoing contribution to GDP.Read moreRead less
Internal capital markets, divisional rent-seeking and optimal incentives: theory and evidence. There exists a considerable gap between real-world economic organizations and the economic theory of the firm. This project provides formal theories of resource allocation within multidivisional corporations and the nature of optimal incentives, thereby contributing to fill this gap. The project is expected to produce highest-quality research publishable in top-tier journals. This will, among others, e ....Internal capital markets, divisional rent-seeking and optimal incentives: theory and evidence. There exists a considerable gap between real-world economic organizations and the economic theory of the firm. This project provides formal theories of resource allocation within multidivisional corporations and the nature of optimal incentives, thereby contributing to fill this gap. The project is expected to produce highest-quality research publishable in top-tier journals. This will, among others, enhance Australia's standing as a knowledge nation. Additional benefit comes from the possibility of longer term collaborative research between Monash University and the University of Bristol, and possible research collaboration between Australian and British economists that goes beyond the two institutions. Read moreRead less
Ground based monitoring of plasma dynamics in the magnetosphere. We will use a new technique to study the plasmapause, a fundamental and highly dynamic boundary in geospace. This is usually examined using spacecraft and ground-based VLF measurements, but these suffer several limitations. We have developed the ability to monitor plasma density in geospace, by measuring the resonant frequency of geomagnetic field line oscillations. This project will use data from extensive ground magnetometer a ....Ground based monitoring of plasma dynamics in the magnetosphere. We will use a new technique to study the plasmapause, a fundamental and highly dynamic boundary in geospace. This is usually examined using spacecraft and ground-based VLF measurements, but these suffer several limitations. We have developed the ability to monitor plasma density in geospace, by measuring the resonant frequency of geomagnetic field line oscillations. This project will use data from extensive ground magnetometer arrays to thus study the spatial and temporal variation in particle density near the plasmapause. Comparison with VLF and spacecraft measurements will provide new information on the plasma composition and dynamics in this important region.Read moreRead less