Nobody knows anything? Applying pari-mutuel prediction markets to the motion picture industry. This project will explore the predictability of unreleased motion pictures' theatrical box office revenues using incentive rich pari-mutuel prediction markets. The mechanism will promote price discovery and associated probability estimates that will benefit those already investing in the industry as well as encouraging new investment.
Big data: implications for competition, privacy and regulation. This project aims to provide economic analyses of the costs and benefits of business strategies driven by consumer data, while considering consumers’ privacy concerns. This is highly relevant and timely given the vast amount of consumer data collected, shared and used in the digital era. Expected outcomes include better understanding of how data may lead to market power and how to safeguard against abuse of market power and privacy ....Big data: implications for competition, privacy and regulation. This project aims to provide economic analyses of the costs and benefits of business strategies driven by consumer data, while considering consumers’ privacy concerns. This is highly relevant and timely given the vast amount of consumer data collected, shared and used in the digital era. Expected outcomes include better understanding of how data may lead to market power and how to safeguard against abuse of market power and privacy breach. This project should make significant contributions to the nascent academic research and policy discussions in this area. This should also place Australia at the forefront of international scientific community and policy circle on the regulation of data-driven business strategies and privacy regulation. Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE140101014
Funder
Australian Research Council
Funding Amount
$349,785.00
Summary
Extending economic design to non-market settings: An experimental study of mechanism design with intention-based preferences. Mechanism design is the engineering side of economic theory, which starts with assumptions regarding human nature and builds economic systems to best maximise efficiency according to these assumptions. This project studies mechanism design in experimental settings where individuals exhibit a desire to be kind to those who have been kind to them and unkind to those who ha ....Extending economic design to non-market settings: An experimental study of mechanism design with intention-based preferences. Mechanism design is the engineering side of economic theory, which starts with assumptions regarding human nature and builds economic systems to best maximise efficiency according to these assumptions. This project studies mechanism design in experimental settings where individuals exhibit a desire to be kind to those who have been kind to them and unkind to those who have not. Such preferences are common in many non-market settings and can have dramatic effects on the efficiency of potential mechanisms. The ultimate goal of this project is to develop applied mechanisms that are robust to heterogeneity in such intention-based preferences and which can be used in bilateral exchange, contract design and many other non-market settings.Read moreRead less
The economics of filial informal care: future trends and directions for policy supports. This project examines the family decision on informal care and living arrangements, it aims to make constructive policy suggestions in order to promote the healthy life of elderly people, support more productive and fulfilling lives of adult children with elderly parents and fortify supportive family structures.
Do scientist and public preferences diverge? Analysing expert and public preferences for environmental and social outcomes for the Swan River. Expert judgements and public preferences may be quite different, so when can organisations rely on experts, how serious is the divergence, and when does it matter? In a case study of Perth's iconic Swan River, the project will explore this issue and its consequences for decision makers, to assist the Swan River Trust in their future decision making.
Scientist career path: An explorative analysis. This project aims to uncover important insights into scientists, their interactions, and their career dynamics, seeking to understand scientific success and scientific innovations by understanding scientists themselves. The project will generate the largest data set on scientists ever collected and analysed, resulting in new knowledge into the mechanisms underlying scientific progress and innovation; scientists’ resilience and adaptation to positiv ....Scientist career path: An explorative analysis. This project aims to uncover important insights into scientists, their interactions, and their career dynamics, seeking to understand scientific success and scientific innovations by understanding scientists themselves. The project will generate the largest data set on scientists ever collected and analysed, resulting in new knowledge into the mechanisms underlying scientific progress and innovation; scientists’ resilience and adaptation to positive and negative life shocks or environmental changes; their pattern of collaboration and cooperation; and their creative development. The project will provide significant benefits to universities and policy makers in fulfilling their role of creating and disseminating new knowledge.Read moreRead less
Height, Body Mass Index and Demographic Changes in the Asian Giants. This project aims to examine and explain trends in height and body mass index of the populations of the three Asian Giants, China, India and Indonesia, and to explore the links with two key demographic developments: fertility decline and urbanisation. The three parts of the project are: using anthropometric survey data on adults, to compare, contrast and analyse trends at the national and regional levels; to examine the relatio ....Height, Body Mass Index and Demographic Changes in the Asian Giants. This project aims to examine and explain trends in height and body mass index of the populations of the three Asian Giants, China, India and Indonesia, and to explore the links with two key demographic developments: fertility decline and urbanisation. The three parts of the project are: using anthropometric survey data on adults, to compare, contrast and analyse trends at the national and regional levels; to examine the relationship between adult height and childhood family size using econometric methods that account for possible endogeneity; and, to examine the link between individual BMI and rural or urban residence paying special attention to rural-urban migrants. Read moreRead less
The analysis of social networks. This project aims to explore the role of social networks in training policies, education, banks, and political beliefs. Networks are central to many activities and can help address adequate policies such as targeting key players in networks. The project will develop theoretical issues about the design and implementation of network models and policies, present empirical evidence on the importance of network effects in these activities, and determine the key player ....The analysis of social networks. This project aims to explore the role of social networks in training policies, education, banks, and political beliefs. Networks are central to many activities and can help address adequate policies such as targeting key players in networks. The project will develop theoretical issues about the design and implementation of network models and policies, present empirical evidence on the importance of network effects in these activities, and determine the key players in real-world networks. This project could increase education and help the police and financial authorities.Read moreRead less
Behavioural Econ & Field Experiments to Improve Plasma & Bone Marrow Supply. Plasma and bone marrow save and improve the quality of many lives. Yet Australia's domestic volunteer supply fails to meet Australia's needs even when supplemented by costly imports. This project involves a series of field experiments, based on behavioural economic theories, designed to understand charitable behaviour and how to motivate and increase plasma and bone marrow supply. The project aims to test the value of m ....Behavioural Econ & Field Experiments to Improve Plasma & Bone Marrow Supply. Plasma and bone marrow save and improve the quality of many lives. Yet Australia's domestic volunteer supply fails to meet Australia's needs even when supplemented by costly imports. This project involves a series of field experiments, based on behavioural economic theories, designed to understand charitable behaviour and how to motivate and increase plasma and bone marrow supply. The project aims to test the value of motivational factors, including commitment devices, reciprocity and altruism, to increasing donations. The project aims to advance scientific knowledge of people's motivation to perform substantial altruistic actions (in terms of both time and pain), to provide effective methods to increase donations that save lives and to improve national health.Read moreRead less
Improving payments for ecosystem services efficacy. This project aims to improve the cost-effectiveness of payments for ecosystem services (PES) programs in settings where deforestation risk is high. The project introduces a field experiment in Uganda in order to determine effective methods for monitoring compliance and setting payment levels. The project intends to examine whether program impacts are undermined by displacement of deforestation and if there are poverty reduction trade-offs inher ....Improving payments for ecosystem services efficacy. This project aims to improve the cost-effectiveness of payments for ecosystem services (PES) programs in settings where deforestation risk is high. The project introduces a field experiment in Uganda in order to determine effective methods for monitoring compliance and setting payment levels. The project intends to examine whether program impacts are undermined by displacement of deforestation and if there are poverty reduction trade-offs inherent in program design. The project expects to establish the costs of foregone production from land enrolled in the program, which are largely unknown. The findings will support efforts to create low cost technologies to solve conservation challenges and assist with the efficient allocation of scarce resources for environmental protection in both Australian and international contexts.Read moreRead less