Category: Uncategorized

Using Bitcoin to Explain Blockchain

Introduction Lately, I came across a few articles and videos which tried to explain the concept of blockchain, but none was satisfactory to me. The main problem is that they are over-simplifying. In their defence, the idea of blockchain is highly mathematical and you probably need a degree (or its required knowledge) in Computer Science … Continue reading Using Bitcoin to Explain Blockchain →

An Incentive Approach to the Higher Education Problem

Introduction Many economists (mostly microeconomists) claim that the study of incentives is at the core of the field of economics. They maintain that by studying incentives, we can explain why certain people do (or don’t do) certain things and we can design or manipulate incentives to achieve the desired behaviour of people. This is essentially … Continue reading An Incentive Approach to the Higher Education Problem →

Autonomous Vehicle Insurance: Challenges and Solutions

Introduction Autonomous vehicles bring fear. As their job prospects are being threatened, taxi and truck drivers are feeling anxious to brace themselves for the disruption. For car and truck insurers, the argument usually goes like this: automation will make vehicles so much safer, to the point where no accident will happen hence no insurance is … Continue reading Autonomous Vehicle Insurance: Challenges and Solutions →

The Future of Australian Trucking Industry

Introduction This paper endeavours to explore emerging future trends in the Australian trucking industry. Trucks are an integral part of the freight transportation and logistics sector in Australia which account for 30.4% of all national freight task (tonne-kilometres) in 2013-14 (Figure 1). As such, trucks can be said to be the backbone of the Australian … Continue reading The Future of Australian Trucking Industry →