Developing the capacity to model the impact of interventions that target high-risk drinking among young Australians. Alcohol use is a major contributing factor to social and health problems among young Australians. The project will inform the development of effective policy by providing multidisciplinary research evidence and the capacity to model how various interventions impact on the prevalence of alcohol-related problems.
Measuring inflation expectations and inflation expectations uncertainty. This project aims to construct model-based measures of inflation expectations and inflation expectations uncertainty. Inflation expectations can determine economic outcomes. This project will develop non-linear time-varying models to combine information from noisy and possibly biased measures of inflation expectations from surveys and financial markets. These model-based measures are expected to be better calibrated and to ....Measuring inflation expectations and inflation expectations uncertainty. This project aims to construct model-based measures of inflation expectations and inflation expectations uncertainty. Inflation expectations can determine economic outcomes. This project will develop non-linear time-varying models to combine information from noisy and possibly biased measures of inflation expectations from surveys and financial markets. These model-based measures are expected to be better calibrated and to provide valuable information for policymakers for formulating macroeconomic policies. They can be used to better assess the credibility of monetary policy and shed light on the causes of low inflation rate in developed economies.Read moreRead less
Improving external validity of stated choice experiments. This project aims to deliver more accurate estimates of choice behaviour by reducing biases due to choice task complexity in surveys as well as design artefacts. Extracting 'true' preferences is challenging, not only due to possible hypothetical bias, but also due to increasingly complex choice tasks and the existence of design artefacts. This project will investigate the latter two in the context of marketing, transport, health, and envi ....Improving external validity of stated choice experiments. This project aims to deliver more accurate estimates of choice behaviour by reducing biases due to choice task complexity in surveys as well as design artefacts. Extracting 'true' preferences is challenging, not only due to possible hypothetical bias, but also due to increasingly complex choice tasks and the existence of design artefacts. This project will investigate the latter two in the context of marketing, transport, health, and environmental economics, and proposes new methodologies to extract preferences that more closely reflect true behaviour in real markets.Read moreRead less
Natural resources and ecosystem services in productivity measurement. This project aims to understand sources of productivity growth through addressing theoretical and practical problems in the economics of natural resources and ecosystem services. It will study the valuation of non-renewable resources and ecosystem services, acknowledging their contributions to economic activity and the effect on national income from their depletion and degradation. It will develop approaches to incorporating n ....Natural resources and ecosystem services in productivity measurement. This project aims to understand sources of productivity growth through addressing theoretical and practical problems in the economics of natural resources and ecosystem services. It will study the valuation of non-renewable resources and ecosystem services, acknowledging their contributions to economic activity and the effect on national income from their depletion and degradation. It will develop approaches to incorporating natural resource depletion and degradation into productivity analysis with the aim of better informing environmental, innovation and industry policy.Read moreRead less
Incentivised strategic traffic assignment: bi-level transport optimisation. This project aims to advance the fundamental knowledge base and methodological modelling capacity related to traffic network assignment representing complex incentive structures such as network pricing, behavioural shift inducement, dynamic speed control and information-provision. Expected outcomes include new equilibrium formulations characterising traveller responses to, and interactions with, incentive structures whil ....Incentivised strategic traffic assignment: bi-level transport optimisation. This project aims to advance the fundamental knowledge base and methodological modelling capacity related to traffic network assignment representing complex incentive structures such as network pricing, behavioural shift inducement, dynamic speed control and information-provision. Expected outcomes include new equilibrium formulations characterising traveller responses to, and interactions with, incentive structures while maintaining complex stochastic adaptive behaviours from previous research, new network routing algorithms, and a novel bi-level optimisation approach for seeking optimal incentive policies. The project will provide a scientific basis for the quantified network evaluation of incentivisation strategies that will support enhanced transport planning thereby improving mobility across society.Read moreRead less
Mapping mineral systems of deep Australia. We aim at enabling mineral resource discoveries by calibrating geophysical surveys using geochemical and petrophysical properties measured on mantle samples brought to the surface by recent volcanoes. National geophysical surveys deliver images of geophysical gradients in the deeper part of the Australian continent. The interpretation of these gradients in geological terms and in terms of economic mineral systems is the key to unlock deep exploration su ....Mapping mineral systems of deep Australia. We aim at enabling mineral resource discoveries by calibrating geophysical surveys using geochemical and petrophysical properties measured on mantle samples brought to the surface by recent volcanoes. National geophysical surveys deliver images of geophysical gradients in the deeper part of the Australian continent. The interpretation of these gradients in geological terms and in terms of economic mineral systems is the key to unlock deep exploration success. This project will turn Australia’s investment in National geophysical surveys into new discoveries of base metals. The benefit stems from enabling the transition to a clean economy which requires a much broader range of critical minerals and a larger quantity of base metals.Read moreRead less
Uncertainty, Risk and Related Concepts in Machine Learning. Machine learning is the science of making sense of data. It does not and cannot remove all risk and uncertainty. This project proposes to study the foundations of how machine learning uses, represents and communicates risk and uncertainty. It aims to do so by finding new theoretical connections between diverse notions that have arisen in allied disciplines. These include risk, uncertainty, scoring rules and loss functions, divergences, ....Uncertainty, Risk and Related Concepts in Machine Learning. Machine learning is the science of making sense of data. It does not and cannot remove all risk and uncertainty. This project proposes to study the foundations of how machine learning uses, represents and communicates risk and uncertainty. It aims to do so by finding new theoretical connections between diverse notions that have arisen in allied disciplines. These include risk, uncertainty, scoring rules and loss functions, divergences, statistics and different ways of aggregating information. By building a more complete theoretical map it is expected that new machine learning methods will be developed, but more importantly that machine learning will be able to be better integrated into larger socio-technical systems.Read moreRead less