Adaptive economic management of Australia's urban water. This project responds to the so-called 'wicked problem' of ensuring an adequate supply of water to urban consumers at the lowest price even during long-term droughts. The project will generate, for the first time in the world, an integrated, dynamic, and adaptive supply and demand model to manage urban water optimally over time.
Market Design for the Reallocation of Land. This fellowship uses laboratory and lab-in-the-field experiments to explores how market design can be used to develop combinatorial exchanges that allow participants to exchange packages of land. Allowing for package bids can facilitate trade in situations where owning one piece of land increases the value of adjacent land and where assembling contiguous pieces of land is important. Combinatorial exchanges have the potential to increase the productivit ....Market Design for the Reallocation of Land. This fellowship uses laboratory and lab-in-the-field experiments to explores how market design can be used to develop combinatorial exchanges that allow participants to exchange packages of land. Allowing for package bids can facilitate trade in situations where owning one piece of land increases the value of adjacent land and where assembling contiguous pieces of land is important. Combinatorial exchanges have the potential to increase the productivity of agriculture land in both Australia and developing countries, encourage urban redevelopment, and help the government secure land for infrastructure and environmental protection in a cost-effective way.Read moreRead less
Posted prices, bargaining and auctions: an experimental examination. This project uses economic methods to investigate how trading institutions affect prices and efficiency. It examines markets with directed search: buyers visit sellers based on any information they have. Simultaneous buyer choices and sellers’ capacity constraints lead to “frictions” where not all profitable exchanges occur - more realistic than the usual “frictionless” assumption. The project will vary: whether sellers can pos ....Posted prices, bargaining and auctions: an experimental examination. This project uses economic methods to investigate how trading institutions affect prices and efficiency. It examines markets with directed search: buyers visit sellers based on any information they have. Simultaneous buyer choices and sellers’ capacity constraints lead to “frictions” where not all profitable exchanges occur - more realistic than the usual “frictionless” assumption. The project will vary: whether sellers can post prices in advance; and, whether and how negotiation occurs based on how many buyers (one vs two or more) visit a seller. The project will use results from auction, bargaining, game and search theories, and new analysis, to form predictions, which will be tested using experiments. The results should have implications for labour and competition policies.Read moreRead less
The effect of bargaining power on bargaining outcomes: the roles of institutions, earned bargaining position and social norms. Previous research has found that people exploit their bargaining power far less than economic theories predict. This project uses an economics experiment to study several factors affecting how bargaining power is used: restrictions on the bargaining process; whether and how bargaining power is 'earned' and whether equal divisions are plausible.
Bayesian analysis of individual decisions in health and labour economics. This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and important policy debates. This includes (i) marijuana, alcohol and tobacco use and legalisation of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although p ....Bayesian analysis of individual decisions in health and labour economics. This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and important policy debates. This includes (i) marijuana, alcohol and tobacco use and legalisation of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although policies play an important role in observed health and labour market behaviours, their exact effects on individuals' decisions and outcomes are often difficult to quantify due to the complex nature of the decision process. Outcomes from the project will include new evidence of changes in substance uses under different legal scenarios and provide benefits such as yielding vital evidence on labour market and health behaviour impacts to support policy makers and strengthen Australia's research capacity in Bayesian analysis.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE190100585
Funder
Australian Research Council
Funding Amount
$370,000.00
Summary
Women, task allocations, and advancement in the labour market. This project aims to investigate the origins and labour market consequences of gender differences in willingness to perform low-promotability tasks. The design of practices and institutions that can close gender gaps in the labour market and promote the advancement of the highest quality workforce in organisations requires information about the factors that affect career advancement. This project will study the allocation of tasks th ....Women, task allocations, and advancement in the labour market. This project aims to investigate the origins and labour market consequences of gender differences in willingness to perform low-promotability tasks. The design of practices and institutions that can close gender gaps in the labour market and promote the advancement of the highest quality workforce in organisations requires information about the factors that affect career advancement. This project will study the allocation of tasks that do not enhance prospects for promotion. The project will provide new insights regarding how organisations and the government can design programs to reduce the under-representation of women in leadership positions and in traditionally male-dominated fields.Read moreRead less
Economics of Biased Beliefs: Implications for Diversity Gaps in Workplaces. By developing state-of-the-art experimental and behavioural methodologies to study biased belief formation, this project aims to improve our understanding of the factors contributing to diversity gaps in labour market outcomes in Australia. The project investigates biases in the beliefs formed about the performance of women and minorities, and how these biases can be reduced through policy interventions and improved orga ....Economics of Biased Beliefs: Implications for Diversity Gaps in Workplaces. By developing state-of-the-art experimental and behavioural methodologies to study biased belief formation, this project aims to improve our understanding of the factors contributing to diversity gaps in labour market outcomes in Australia. The project investigates biases in the beliefs formed about the performance of women and minorities, and how these biases can be reduced through policy interventions and improved organisational structures. Expected outcomes include informing policy makers of appropriate interventions and expanding scholarly knowledge of the economic impact of discrimination. The insights gained will enhance Australia’s economic performance by improving workplace diversity and dynamics.Read moreRead less
A New Phase and New Issues of Rural-Urban Migration in China. China’s urbanisation has come to a turning point. The large pool of rural young workers (16-25 years of age), which fed the industrialisation needs of the 1990s and 2000s, has exhausted. Future growth needs to rely on the increase in the length of stay of the existing migrants and the increase in older new migrants. Due to this shift, the institutional restrictions, which deter family migration, become the key challenge. This project ....A New Phase and New Issues of Rural-Urban Migration in China. China’s urbanisation has come to a turning point. The large pool of rural young workers (16-25 years of age), which fed the industrialisation needs of the 1990s and 2000s, has exhausted. Future growth needs to rely on the increase in the length of stay of the existing migrants and the increase in older new migrants. Due to this shift, the institutional restrictions, which deter family migration, become the key challenge. This project examines the cost of the migration restrictions (shortened labour supply and reduced human capital accumulation for the current and next generation migrants: their education, health and pro-social behaviour); and the best way to reform the restrictions on family migration and the priority for the reform.Read moreRead less
Informal sanctions and bad social norms. This project aims to improve the understanding of informal sanctions to enforce compliance with social norms. Unlike most behavioural economics studies, this project examines norms leading to outcomes that are inefficient, unjust or cruel, such as honour-killings or parochial violence. This project develops experimental paradigms to study "bad" norms in the laboratory. It will investigate a setting in which co-operation is inefficient; the use of sanction ....Informal sanctions and bad social norms. This project aims to improve the understanding of informal sanctions to enforce compliance with social norms. Unlike most behavioural economics studies, this project examines norms leading to outcomes that are inefficient, unjust or cruel, such as honour-killings or parochial violence. This project develops experimental paradigms to study "bad" norms in the laboratory. It will investigate a setting in which co-operation is inefficient; the use of sanctions to segregate groups; and the emergence of honour norms and their implications. The project aspires to build a platform that can lead to effective policies against harmful social norms.Read moreRead less
Economic efficiency and the provision of incentives for information acquisition and disclosure: a mechanism design approach. By uncovering what determines information acquisition, highlighting what allows experts and insiders to manipulate market outcomes, and studying the efficiency gains obtainable with the use of a variety of incentives schemes, this research will provide valuable insights for public policy concerning information diffusion and market transparency.