Economic theory is prominent at UQ Economics. The School’s economic theory research group is the strongest in Australia and competes internationally. The group is working in a range of areas including the study of the foundations of strategic behaviour (game theory), individual behaviour under uncertainty (decision theory) and the study of markets (mechanisms of design and auction theory). Research in economic theory at UQ has farreaching implications for policy development in areas such as climate change, superannuation, taxation, competition policy and regulation. In addition, the School houses the Gambit software tools for Game Theory and related tools for computation of Nash equilibria of strategic games as part of its collaboration with the University of Texas.

RHD Projects