Discovery Early Career Researcher Award - Grant ID: DE180100190

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DE180100190

Funding Status
Active

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Funded Activity Summary

Auction design with behavioural bidders. This project aims to incorporate behavioural elements from psychology into the economic analysis of auctions. The project will address discrepancies between traditional economic analysis of auctions based on fully rational bidders, and evidence from psychology and behavioural economics which demonstrates systemic departures from rational decision-making. This will expand realism in economic analysis and contribute new insights for the design of relevant, real-world auctions such as real-estate auctions or internet auctions. The project outcomes are expected to enhance the efficient allocation of resources, improve our understanding of how different rules affect buyers' well-being and help design fairer auctions.

Funded Activity Details

Start Date: 01-04-2018

End Date: 31-12-2022

Funding Scheme: Discovery Early Career Researcher Award

Funding Amount: $363,996.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Microeconomic Theory | Economic Theory | Experimental Economics | Industry Economics and Industrial Organisation |

ANZSRC Socio-Economic Objective (SEO)

Market-Based Mechanisms | Industrial Organisations | Preference, Behaviour and Welfare

Other Keywords

Economic Theory | Experimental Economics | Industrial Organisations | Industry Economics and Industrial Organisation | Market-Based Mechanisms | Microeconomic Theory | Preference, Behaviour and Welfare

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