News

Professor David Byrne from the Department of Economics at the University of Melbourne is the Economic Society of Australia’s Young Economist of the Year for 2023.

Access videos, presentations and materials from The Future of Work (From Home) Workshop, June 3, 2022

Meet Dr Ingrid Burfurd, a Centre for Market Design Research Fellow.

Policymakers need a new roadmap for navigating the balance between managing a pandemic and supporting the economy, and setting criteria and targets for action can help

Policymakers need a new roadmap for navigating the balance between managing a pandemic and supporting the economy, and setting criteria and targets for action can help.

Congratulations to Bing Liu for winning the 2019 Professor Wilson Prize.

How market design theory, or ‘experimental economics’, and specialist software helped reform travel services for students with disability.

The government can turn to behavioural economics to support its COVID-19 tracing app, say David Byrne, Joshua Miller and UNSW's Richard Holden on Crikey.

Australians can expect continued fluctuation in petrol prices as oil prices move during the COVID-19 pandemic, Associate Professor David Byrne tells The Age.

CMD Advisory Board member, Associate Professor Scott Kominers, talks about how markets can manage supply of vital medical devices during COVID-19.

The COVID-19 pandemic and global oil price wars are having an economic impact worldwide, but one consequence is lower fuel prices at Australian petrol pumps for the foreseeable future.

Associate Professor David Byrne talks oil, fuel and COVID-19, in Pursuit.

A national ventilator exchange could address critical shortages, say Professors Simon Loertscher and Leslie Marx in The Hill.

We should expect petrol prices to drop to below $1 a litre, says CMD Director of Capability Building, Associate Professor David Byrne, who spoke to ABC TV's The Business.

CMD affiliate Dr Maria Recalde is investigating how organisations may be able to help close labour market gender gaps.

The CMD team has been recognised for its exceptional record of delivering public value, with a University of Melbourne Excellence Award.

Associate Professor David Byrne, the CMD's Director of Capability Building, has been awarded for excellence in teaching.

Professor Tom Wilkening awarded an Australian Research Council (ARC) Future Fellowship aimed at improving the way land is reallocated.

We propose a new solution for discrete exchange economies and resource‐allocation problems, the exclusion core. The exclusion core rests upon a foundational idea in the legal understanding of property, the right to exclude others.

The joint CMD, Victorian Government and industry project, Power Changers, to reduce household power use and ease impact on the energy grid has won a second industry award.

The Centre for Market Design has hosted a group of PhD and Master's students from across Australia for the inaugural Hordern Winter School on Frontiers in Market Design and Analysis.

What does it mean for the unemployed? Refugees? Indigenous Australians? Climate change and education? University of Melbourne experts assess the Federal budget in part two of our coverage

Globalization reshaped supply chains and the boundaries of firms in favor of outsourcing. Now, even vertically integrated firms procure substantially from external suppliers. To study procurement and the structure of firms in this reshaped economy, we analyze a model in which integration grants a downstream customer the option to source internally.

This paper studies equilibrium selection in the retail gasoline industry. We exploit a unique dataset that contains the universe of station-level prices for an urban market for 15 years, and that encompasses a coordinated equilibrium transition mid-sample.

Associate Professor David Byrne calls for a tax on man-made pollution and investment in renewable energy.

Environmental economist, Dr Leslie Martin, has been awarded a prestigious Discovery Early Career Researcher Award (DECRA) from the Australian Research Council (ARC) to investigate the environmental impact of the growing number of Special Economic Zones around the world. Here she discusses what drives her to undertake research and plans for the future.

How matching theory, the study of supply and demand, could help secure your child a spot in child care

The Centre for Market Design now offers an executive certificate in market design. The course covers the role prices play in the economy, coordinating supply and demand, and the physical constraints and informational frictions at the heart of economic design.