Discovery Projects - Grant ID: DP190101718

Funding Activity

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Funded Activity Summary

An economic analysis of multi-period reform programs. This project aims to use a mechanism design approach to study multi-period reform programs and their use in the transition from status quo institutions. The project intends to shed light on the difficulties of introducing efficiency enhancing long-term policies. Expected outcomes include theoretical models that incorporate adjustment costs, common values, and complicated status quo institutions into models of economic reform from a mechanism design perspective as well as optimal dynamic reform policies in the presence of these frictions, focusing attention in the trade-off between static efficiency and dynamic welfare gains. Intended benefits include insights that are wildly applicable to the provision of public infrastructure and management of public resources.

Funded Activity Details

Start Date: 01-01-2019

End Date: 31-12-2023

Funding Scheme: Discovery Projects

Funding Amount: $126,000.00

Funder: Australian Research Council