Behavioural and experimental economics
Understanding the behaviour of consumers within energy markets is critical towards developing suitable products and services. Monash University is considered one of the top 3 global universities in behavioural and experimental economics. This area of research deals precisely in understanding why humans make economic decisions.
BehaviourWorks, which is within the governance structure of the Monash Sustainable Development Institute, brings leading behaviour change academics together with practitioners to translate research evidence into practice with its leading research research in the areas of business, economic and social problems affecting the developing world and sustainability more broadly.