News
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Dr Siqi Pan awarded ARC Discovery Early Career Researcher Award (DECRA) Fellowship for Economics
The Australian Research Council (ARC) has announced the ARC Discovery Early Career Researcher Award (DECRA) Fellows for 2025, including the University of Melbourne’s Dr Siqi Pan.
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Professor David Byrne awarded ARC Future Fellowship for economics
The Faculty of Business and Economics congratulates Professor Byrne on his successful Australian Research Council Future Fellowship application for ‘Informational Foundations of Monopoly Power in the Digital Age’.
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Associate Professor Maria Recalde wins 2024 Research Excellence Award
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Professor David Byrne delivers the 2024 Giblin Lecture on Dollars and Sense: Exposing unfair pricing
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Loyalty programs may limit competition, and they could be pushing prices up for everyone
New research shows that paradoxically, by changing the way companies target customers, loyalty programs can sometimes reduce price competition, writes Associate Professor Alexandru Nichifor for The Conversation.
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CMD Director wins 2023 Deans' Research Awards
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Professor David Byrne wins Young Economist of the Year 2023
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.
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Research Impact: research cited in 2023 Economic Report of President Biden
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The Future of Work (From Home)
Access videos, presentations and materials from The Future of Work (From Home) Workshop, June 3, 2022
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CMD Directors win Cohen award for best 2021 Anti Trust article on Coordinated Effects
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Listen to David Byrne on various media about petrol prices, fuel excise and stockpile
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APIOC 2021 - 13 & 14 December 2021
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Professor Steven Williams appointed Fellow of Econometric Society
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CMD congratulates Victoria Baranov, 2020 AHES Rising Star
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The economics of COVID-19
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.
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CMD Research Student Wins 2019 Professor Wilson Prize
Congratulations to Bing Liu for winning the 2019 Professor Wilson Prize.
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Cutting the commute for students with a disability
How market design theory, or ‘experimental economics’, and specialist software helped reform travel services for students with disability.
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The big nudge: adopting COVID-19 tracing app
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.
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Average fuel prices to fluctuate
Australians can expect continued fluctuation in petrol prices as oil prices move during the COVID-19 pandemic, Associate Professor David Byrne tells The Age.
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Oil wars, petrol prices and COVID-19
Associate Professor David Byrne talks oil, fuel and COVID-19, in Pursuit.
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Look to exchanges for pandemic problems
A national ventilator exchange could address critical shortages, say Professors Simon Loertscher and Leslie Marx in The Hill.
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Oil prices on the move
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.
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Closing gender gaps
CMD affiliate Dr Maria Recalde is investigating how organisations may be able to help close labour market gender gaps.
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Excellence Awards
The CMD team has been recognised for its exceptional record of delivering public value, with a University of Melbourne Excellence Award.
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Endowments, Exclusion, and Exchange
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.
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Power Changers wins second award
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.
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Regional students gather for Frontiers in Market Design
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.
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Make and Buy: Outsourcing, Vertical Integration, and Cost Reduction
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.
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Learning to Coordinate: A Study in Retail Gasoline
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.