The Centre for Market Design applies game theory, information economics and incentive design to policy and industry problems.
We connect leading academics with real-world policy problems to design, test and implement tailor-made solutions. We develop mechanisms that help government and industry make positive changes using robust economic design tools.
The CMD is focusing on incentives to improve Australia’s biosecurity system.
Waste Sector Reform
Economic design methodology will assist Infrastructure Victoria to identify options to manage waste and recycling policy.
Biodiversity Offsets Scheme
A smart market is being designed for the New South Wales Government’s Biodiversity Offset Scheme.
A joint field experiment is underway to evaluate the effectiveness of non-custodial interventions for young offenders.
Improving Transport for Students with Disability
Travel times by students with autism at a northern Melbourne school have been cut by half as a result of a CMD pilot project.
Associate Professor David Byrne has been instrumental in designing and evaluating a trial to help households reduce power use.