How Australian industries are pooling innovation resources and why this matters. Common pooling of resources for innovation is an emerging phenomenon in several Australian industries. This project will seek to explain why this is occurring, using insights from economic theory, and how pooling is harnessed for wider public good.
Emissions trading and the design and operation of Australia's energy markets. Past research has applied the methods of experimental economics to focus on capacity markets, futures markets, and demand side response management options for electricity markets in the United States of America. This project will examine research priorities for Australia's energy markets. These include market impacts on investment decision-making, trade in Renewable Energy Certificates, and the consequences of carbon e ....Emissions trading and the design and operation of Australia's energy markets. Past research has applied the methods of experimental economics to focus on capacity markets, futures markets, and demand side response management options for electricity markets in the United States of America. This project will examine research priorities for Australia's energy markets. These include market impacts on investment decision-making, trade in Renewable Energy Certificates, and the consequences of carbon emissions trading for energy market outcomes. Australia's electricity markets are primarily financial markets and new policy developments present both risks and opportunities. By designing and testing markets, experiments will be used to test market performance and for unforeseen consequences of new market policies.Read moreRead less