Summary

This project aims to identify the most optimal cooperative model for agricultural producers for carbon pooling in Australia through the lens of behavioural economics. This design will ensure that participating agribusinesses will receive maximum benefit and have easy, attractive, timely and social interfaces that maximize the level of engagement with the proposed solutions.

 In the initial phase, a systematic literature review will be conducted to identify best practices and different possibilities for cooperative frameworks. Consequently, behavioural diagnosis maps each step that a producer has to go through to meet the desired outcome in the environment where the decisions happen. Based on the behavioural map we formulate hypotheses about the best scenario based on actual behaviour. The behavioural map will further facilitate the identification of producers’ biases as they proceed along the journey of pooling carbon credits in a cooperative model to arrive at the key behaviour. Through experimental design, we build and test solutions for meeting the desired outcomes. The solutions will focus on removing barriers or adding benefits to the system. Their effectiveness will be tested through controlled experiments to check if we have changed the probability that someone will complete our key behaviour. Finally through Business Process Design, we incorporate the learned insights into a new cooperative model for carbon pooling in Australia.

Program

Transformative Industry Action

Research Organisation

Queensland University of Technology