This paper develops a model of demand estimation in which consumers learn about their true preferences through consumption experiences. We develop a theoretical model of Bayesian updating, perform comparative statics over the model, and show how the theoretical model can be consistently...

Notwithstanding the neoclassical predilection for markets as a means of allocating scarce resources, it remains the case that state-devised attenuation of behaviour is the norm for many resource allocation decisions. This is particularly apparent in the case of water in urban areas in Australia,...

Like the human immune system, a biosecurity system is a constellation of responses to external attacks comprising of many facets, a number of which can change to optimize the response to these unwanted intrusions. When either system hits the wrong target, or is inhibited or crippled somehow, the...

We present a computational model of fishing fleet dynamics for the Queensland coral reef line fishery. The model runs in a two dimensional space with agents moving between port and the collection of available reefs. The model of rationality is based on the haystack models of game theory, such...

In this paper, estimates of value for recreational fishing are reported for three major freshwater impoundments in Queensland, Australia, using both travel cost and contingent valuation methods. The research results that are reported have two key methodological distinctions from previous studies...

Water resource management is a complex process, which requires suitable policy tools that are able to meet objectives of economic efficiency, social equity and environmental sustainability. Meanwhile, irrigation industry has to change its habitual behaviour in managing water when faced with...

Designing a conservation auction where bidders know the ecological value of their land poses challenges for policy makers because bidders will tend to increase their asking price. This is known as strategic behaviour, and it is particularly prevalent in sequential auction settings. The tender...

Previous research has demonstrated that religious persuasion can have an impact on environmental attitudes, however less research of this kind has focused on the relationship between religious persuasion and climate change attitudes. Using a survey of 1,927 Australians we examined links between...