Risk and Australian public policy. This project will develop fundamentally new approaches to the theory of risk and uncertainty and their role in the design and management of complex projects and policy initiatives. The results will be applied to the central economic policy choices facing Australia; those connected with globalisation and microeconomic reform. This project will show how the latest advances in economic theory can help to illuminate the major issues in the Australian public debate, ....Risk and Australian public policy. This project will develop fundamentally new approaches to the theory of risk and uncertainty and their role in the design and management of complex projects and policy initiatives. The results will be applied to the central economic policy choices facing Australia; those connected with globalisation and microeconomic reform. This project will show how the latest advances in economic theory can help to illuminate the major issues in the Australian public debate, from the role of government and the market to the assessment of standards of living. The project will also help to bridge the gap between economics and other social sciences.Read moreRead less
Using Heart Rate Variability measurements to identify the effects of stress on decision making. Rationality and the willingness to cooperate is an important aspect of human decision making. Research shows that certain decisions not only cause stress but are also affected by it. Using modern mobile heart rate monitors, we are able to measure causes and consequences of stress in a controlled and natural environment. This research will help to provide better workplace environments by helping to des ....Using Heart Rate Variability measurements to identify the effects of stress on decision making. Rationality and the willingness to cooperate is an important aspect of human decision making. Research shows that certain decisions not only cause stress but are also affected by it. Using modern mobile heart rate monitors, we are able to measure causes and consequences of stress in a controlled and natural environment. This research will help to provide better workplace environments by helping to design better organisations, decreasing the probability of workplace accidents, and advising employees how to better use their talents. This research also helps put Australia on the forefront of modern economic research that aims to open the ultimate "black box" of human decision making.Read moreRead less
Computing probabilities of theories where these probabilities vary over time with applications in macroeconomics. This project will present a method to produce empirically based policy advice that accounts for the changing economic environment and that allows for a range of assumptions about how the economy works. The research and training will place Australia at the forefront of empirical macroeconomic research and strengthen international research networks. Policy making will be improved as: i ....Computing probabilities of theories where these probabilities vary over time with applications in macroeconomics. This project will present a method to produce empirically based policy advice that accounts for the changing economic environment and that allows for a range of assumptions about how the economy works. The research and training will place Australia at the forefront of empirical macroeconomic research and strengthen international research networks. Policy making will be improved as: it will use information that is more robust to false assumptions; it will quickly incorporate new information; and we will understand better why certain policies did or did not work at different times in the past. The research will impact upon other sciences such as physics and engineering that use the same underlying tools far more than do economists.Read moreRead less
Estimation of the continuous piecewise linear model and macroeconomic applications. Relationships between economic variables are often characterised by non-linearities. This project develops a method to analyse a type of non-linearity that is frequently encountered in economics and uses this method to study four specific applications concerning the dynamics of inflation, growth, and the exchange rate.
Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessmen ....Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessment of the distributional impact of a wide range of possible reforms, including how the outcomes of any policy change will affect disadvantaged sections of our society, whether different generations will be fairly treated, and the impact by gender.Read moreRead less
Categorical symmetries in representation theory. This project aims to develop categorical symmetries of central objects in mathematics such as braid groups, the Hilbert scheme of points, and the Virasoro algebra. The concept of symmetry is an important organising principle in science. Representation theory is the field of mathematics concerned with studying symmetries. The problems proposed have connections to many different areas including algebra, geometry, topology, and mathematical physics. ....Categorical symmetries in representation theory. This project aims to develop categorical symmetries of central objects in mathematics such as braid groups, the Hilbert scheme of points, and the Virasoro algebra. The concept of symmetry is an important organising principle in science. Representation theory is the field of mathematics concerned with studying symmetries. The problems proposed have connections to many different areas including algebra, geometry, topology, and mathematical physics. This project expects to advance pure mathematics and provide potential benefit in many related fields.Read moreRead less
Strengthening economic resilience in Monsoon Asia. Sharing, reciprocity and resource pooling are at the frontline of recovery and relief when economic crisis or disaster hits Monsoon Asia. This research aims to shed light on cases where these economic practices have been innovatively harnessed to diversify livelihoods and build economic resilience. Working with contemporary Asian scholars, practitioners in the disaster field and a data set gleaned from multiple sources, including mid-20th centur ....Strengthening economic resilience in Monsoon Asia. Sharing, reciprocity and resource pooling are at the frontline of recovery and relief when economic crisis or disaster hits Monsoon Asia. This research aims to shed light on cases where these economic practices have been innovatively harnessed to diversify livelihoods and build economic resilience. Working with contemporary Asian scholars, practitioners in the disaster field and a data set gleaned from multiple sources, including mid-20th century tropical geography texts, the project aims to bring to the fore a regional landscape of diverse economic practices across Monsoon Asia. A cross-regional on-line knowledge community is expected to be formed to explore how this asset base might be mobilised towards more effective local development and disaster response.Read moreRead less
Reaching new frontiers of quantum fields and gravity through deformations. This project aims to reach new frontiers in quantum field and gravity theories. These underpin systems ranging from semi-conductors to particle collisions and the quantum behavior of black holes. An obstacle is that these theories are notoriously hard to solve. This project proposes to tackle this longstanding problem by using new deformations, symmetries and dualities that have attracted widespread attention. Expected ou ....Reaching new frontiers of quantum fields and gravity through deformations. This project aims to reach new frontiers in quantum field and gravity theories. These underpin systems ranging from semi-conductors to particle collisions and the quantum behavior of black holes. An obstacle is that these theories are notoriously hard to solve. This project proposes to tackle this longstanding problem by using new deformations, symmetries and dualities that have attracted widespread attention. Expected outcomes will include innovative techniques that will greatly enhance and interconnect our knowledge of field theories and quantum gravity, together with new discoveries in quantum-corrected geometries. A new network of domestic and international experts will largely benefit the fields of theoretical and mathematical physics.Read moreRead less
Farmers of the Future: the Challenges of Feminised Agriculture in India. Neoliberal economic policies are fundamentally transforming the social landscapes of rural India, causing a deep agrarian crisis. The agrarian changes accentuate the unequal consequences for poor women and men in relation to: production (labour, tenure); livelihood and food security; access to and ownership of assets such as land and water and access to agricultural innovations and institutions. This multiscalar project inv ....Farmers of the Future: the Challenges of Feminised Agriculture in India. Neoliberal economic policies are fundamentally transforming the social landscapes of rural India, causing a deep agrarian crisis. The agrarian changes accentuate the unequal consequences for poor women and men in relation to: production (labour, tenure); livelihood and food security; access to and ownership of assets such as land and water and access to agricultural innovations and institutions. This multiscalar project investigates the causes and consequences of feminisation of agriculture in India’s transitioning economy in order to understand how gender roles and relations are being re-shaped in communities and households in diverse socioeconomic and cultural contexts and agro-ecological areas.Read moreRead less
Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelli ....Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelling framework and high-performance computing we will integrate economic, land use and biodiversity models to evaluate: (i) policies and incentives for increasing national vegetation cover for carbon sequestration and habitat, and (ii) global risks to nature posed by land use change under future geopolitical scenarios.Read moreRead less