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Grant Award View - GA2082
Auction design with behavioural bidders
GA ID:
GA2082
Agency:
Australian Research Council
Approval Date:
10-Nov-2017
Publish Date:
20-Feb-2018
Category:
Humanities, Arts and Social Sciences (HASS) Research
Grant Term:
1-Apr-2018 to 31-Dec-2022
Original: 1-Jan-2018 to 31-Dec-2020
Value (AUD):
$353,455.21
(GST inclusive where applicable)
Original:
$363,996.00
Variations:
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
ARC 17/18 Discovery
Grant Program:
Discovery Early Career Researcher Award
Grant Activity:
Auction design with behavioural bidders
Purpose:
This project aims to incorporate behavioural elements from psychology into the economic analysis of auctions. The project will address discrepancies between traditional economic analysis of auctions based on fully rational bidders, and evidence from psychology and behavioural economics which demonstrates systemic departures from rational decision-making. This will expand realism in economic analysis and contribute new insights for the design of relevant, real-world auctions such as real-estate auctions or internet auctions. The project outcomes are expected to enhance the efficient allocation of resources, improve our understanding of how different rules affect buyers' well-being and help design fairer auctions.
Internal Reference ID:
DE18 Round 1
Selection Process:
Targeted or Restricted Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
The University of Queensland
Original: University of Technology Sydney
Recipient ABN:
63 942 912 684
Original:
77 257 686 961
Grant Recipient Location
Suburb:
ST LUCIA
Town/City:
ST LUCIA
Postcode:
4067
State/Territory:
QLD
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
QLD
Postcode:
4067
Country:
AUSTRALIA