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Hugh Sibly

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Hugh Sibly

Senior Lecturer
Tasmanian School of Economics and Business

Room 216, Centenary Building, Sandy Bay Campus

+61 3 6226 2825 (phone)

Hugh.Sibly@utas.edu.au

Dr Hugh Sibly is a senior lecturer in Economics at the Tasmanian School of Business and Economics. He teaches in the areas of industrial organisation, game theory and microeconomics.  His research interests are in experimental/behaviour economics, urban water markets and industrial organisation.

Career summary

Qualifications

PhD (Melbourne), MEc (Monash), BSc (ANU)

Biography

Hugh Sibly is a senior lecturer in the Tasmanian School of Business and Economics at the University of Tasmania, where he has worked since 1992. He has taught in the areas of industrial organisation, game theory, microeconomics and macroeconomics. He received his PhD from the University of Melbourne.

Hugh's research interest is in price determination, particularly in the areas of experimental/behaviour economics, urban water markets, macroeconomics and industrial organisation. He has published papers in refereed academic journals and presented papers to academic conferences in all these areas. He has made numerous presentations to a variety of audiences on the use of pricing and competition as a mechanism to solve recurrent Australian water crises, including one to the ACCC Ninth Regulatory Conference in July 2008. 

Hugh has also worked as an Assistant Commissioner for the Tasmanian Government Prices Oversight Commission and been a member of the Copyright Tribunal of Australia.

Research Themes

Hugh's work on urban water pricing aligns with the University's theme area of Environment, Resources and Sustainability. In this work Hugh investigates how to most efficiently allocate available urban water over the climate cycle.

Hugh's work in the areas of behavioural and experimental economics aligns with Creativity, Culture and Society. In particular his work indicates how social comparisons and cooperative preferences shape economic interactions.

Memberships

Professional practice

  • Economic Science Association
  • Economics Society of Australia
  • Econometrics Society
  • European Economic Association

Committee associations

  • The Economic Society of Australia National Economic Panel

Other

  • Research Associate, Centre for Water Economics, Environment and Policy, Crawford School, Australian National University.

Teaching

Industrial economics, microeconomics, experimental and behavioural economics.

Teaching responsibility

View more on Dr Hugh Sibly in WARP

Expertise

  • Experimental  and Behavioural Economics
  • Industrial Organisation
  • Urban Water Pricing

Fields of Research

  • Environment and Resource Economics (140205)
  • Economic Theory (140199)
  • Industry Economics and Industrial Organisation (140209)
  • Macroeconomic Theory (140102)
  • Experimental Economics (140206)
  • Public Economics- Publically Provided Goods (140214)
  • Applied Economics (140299)
  • Police Administration, Procedures and Practice (160205)
  • Mechanical Engineering (091399)
  • Macroeconomics (incl. Monetary and Fiscal Theory) (140212)
  • Public Economics- Taxation and Revenue (140215)
  • Economic Models and Forecasting (140303)
  • Economics (149999)
  • Legal Institutions (incl. Courts and Justice Systems) (180120)
  • Fisheries Management (070403)
  • Criminology (160299)

Research Objectives

  • Microeconomics (910299)
  • Macroeconomics (910199)
  • Industrial Organisations (910203)
  • Market-Based Mechanisms (910206)
  • Water Services and Utilities (900404)
  • Industry Policy (910205)
  • Industry Costs and Structure (910204)
  • Consumption (910201)
  • Economic Framework (919999)
  • Monetary Policy (910108)
  • Law Enforcement (940404)
  • Rights to Environmental and Natural Resources (excl. Water Allocation) (960606)
  • Hydro-Electric Energy (850503)
  • Environmental Policy, Legislation and Standards (960799)
  • Agricultural and Environmental Standards (910501)
  • Remnant Vegetation and Protected Conservation Areas (961399)
  • Justice and the Law (940499)
  • Coastal and Marine Management Policy (960701)
  • Fisheries - Recreational (830201)
  • Economic Incentives for Environmental Protection (960601)

Publications

Total publications

38

Highlighted publications

(5 outputs)
YearTypeCitationAltmetrics
2013Journal ArticleMcDonald I, Nikiforakis N, Olekalns N, Sibly HA, 'Social comparisons and reference group formation: Some experimental evidence', Games and Economic Behavior, 79, (May) pp. 75-89. ISSN 0899-8256 (2013) [Refereed Article]

DOI: 10.1016/j.geb.2012.12.003 [eCite] [Details]

Citations: Scopus - 8Web of Science - 7

Tweet

2002Journal ArticleSibly HA, 'Loss averse customers and price inflexibility', Journal of Economic Psychology, 23, (4) pp. 521-538. ISSN 0167-4870 (2002) [Refereed Article]

DOI: 10.1016/S0167-4870(02)00100-9 [eCite] [Details]

Citations: Scopus - 7Web of Science - 6

Tweet

2001Journal ArticleMcDonald IM, Sibly HA, 'How Monetary Policy Can Have Permanent Real Effects with Only Temporary Nominal Rigidity', Scottish Journal of Political Economy, 48, (5) pp. 532-546. ISSN 0036-9292 (2001) [Refereed Article]

DOI: 10.1111/1467-9485.00213 [eCite] [Details]

Citations: Scopus - 4Web of Science - 4

Tweet

2001Journal ArticleSibly HA, 'Price Inflexibility in Markets with Repeat Purchasing', Journal of Macroeconomics, 23, (3) pp. 459-475. ISSN 0164-0704 (2001) [Refereed Article]

DOI: 10.1016/S0164-0704(01)00173-2 [eCite] [Details]

Citations: Scopus - 2Web of Science - 2

Tweet

1996Journal ArticlePrentice D, Sibly HA, 'A Search-Theoretic Interpretation of Multi-Outlet Retailers', The Economic Record, 72, (219) pp. 359-369. ISSN 0013-0249 (1996) [Refereed Article]

DOI: 10.1111/j.1475-4932.1996.tb00970.x [eCite] [Details]

Citations: Scopus - 1Web of Science - 1

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Journal Article

(32 outputs)
YearCitationAltmetrics
2017Marsden A, Sibly H, 'Third-degree price discrimination in a short-stay accommodation industry', Applied Economics, 49, (51) pp. 5166-5182. ISSN 0003-6846 (2017) [Refereed Article]

DOI: 10.1080/00036846.2017.1302063 [eCite] [Details]

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2017Sibly H, 'Pricing Stategies with Costly Customer Arbitrage', Review of Industrial Organization, 50, (3) pp. 345-366. ISSN 0889-938X (2017) [Refereed Article]

DOI: 10.1007/s11151-016-9533-0 [eCite] [Details]

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2017Sibly H, Tisdell J, Evans S, 'How do people design a mechanism? Experimental evidence', The Economic Record, 93, (302) pp. 379-394. ISSN 0013-0249 (2017) [Refereed Article]

DOI: 10.1111/1475-4932.12336 [eCite] [Details]

Co-authors: Tisdell J; Evans S

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2017Sibly H, 'Product Quality With Heterogeneous Consumers and Linear Pricing', Australian Economic Papers pp. 1-24. ISSN 1467-8454 (2017) [Refereed Article]

[eCite] [Details]

2014Sibly HA, Tooth R, 'The consequences of using increasing block tariffs to price urban water', Australian Journal of Agricultural and Resource Economics, 58, (2) pp. 223-243. ISSN 1467-8489 (2014) [Refereed Article]

DOI: 10.1111/1467-8489.12032 [eCite] [Details]

Citations: Scopus - 4Web of Science - 4

Tweet

2013McDonald I, Nikiforakis N, Olekalns N, Sibly HA, 'Social comparisons and reference group formation: Some experimental evidence', Games and Economic Behavior, 79, (May) pp. 75-89. ISSN 0899-8256 (2013) [Refereed Article]

DOI: 10.1016/j.geb.2012.12.003 [eCite] [Details]

Citations: Scopus - 8Web of Science - 7

Tweet

2012Sibly H, 'A decomposition of monopolistic quality distortion', Research in Economics, 66, (1) pp. 97-105. ISSN 1090-9443 (2012) [Refereed Article]

DOI: 10.1016/j.rie.2011.03.002 [eCite] [Details]

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2011Julian RD, Kelty SF, Roux C, Woodman P, Robertson J, et al., 'What is the value of forensic science? An overview of the effectiveness of forensic science in the Australian criminal justice system project', Australian Journal of Forensic Sciences, 43, (4) pp. 217-229. ISSN 0045-0618 (2011) [Refereed Article]

DOI: 10.1080/00450618.2011.610820 [eCite] [Details]

Citations: Scopus - 11Web of Science - 12

Co-authors: Julian RD; Kelty SF; White R

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2011Marsden A, Sibly H, 'An Integrated Approach to Teaching Price Discrimination', International Review of Economics Education, 10, (2) pp. 75-90. ISSN 1477-3880 (2011) [Refereed Article]

[eCite] [Details]

Co-authors: Marsden A

2009Sibly HA, 'The determinants of the quantity-quality balance in monopoly', Australian Economic Papers, 48, (1) pp. 65-79. ISSN 0004-900X (2009) [Refereed Article]

DOI: 10.1111/j.1467-8454.2009.00364.x [eCite] [Details]

Citations: Scopus - 3Web of Science - 2

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2008Sibly HA, 'Can Urban Water Markets Work? An Optimistic View', Agenda, 15, (3) pp. 83-91. ISSN 1322-1833 (2008) [Refereed Article]

[eCite] [Details]

2008Sibly HA, Tooth R, 'Bringing competition to urban water supply', The Australian Journal of Agricultural and Resource Economics, 52, (3) pp. 217-233. ISSN 1364-985X (2008) [Refereed Article]

DOI: 10.1111/j.1467-8489.2007.00433.x [eCite] [Details]

Citations: Scopus - 4Web of Science - 4

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2007Sibly HA, 'Loss aversion, price and quality', Journal of Socio-Economics , 36, (5) pp. 771-788. ISSN 1053-5357 (2007) [Refereed Article]

DOI: 10.1016/j.socec.2007.01.010 [eCite] [Details]

Citations: Scopus - 3

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2006Sibly HA, 'Urban Water Pricing', AGENDA, 13, (1) pp. 17-30. ISSN 1322-1833 (2006) [Refereed Article]

[eCite] [Details]

2006Sibly HA, 'Efficient Urban Water Pricing', The Australian Economic Review, 39, (2) pp. 227-237. ISSN 0004-9018 (2006) [Non Refereed Article]

DOI: 10.1111/j.1467-8462.2006.00415.x [eCite] [Details]

Citations: Scopus - 18Web of Science - 20

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2005McDonald IM, Sibly HA, 'The Diamond of Macroeconomic Equilibria and Non-Inflationary Expansion', Metroeconomica, 56, (3) pp. 393-409. ISSN 0026-1386 (2005) [Refereed Article]

[eCite] [Details]

2002Sibly HA, 'Loss averse customers and price inflexibility', Journal of Economic Psychology, 23, (4) pp. 521-538. ISSN 0167-4870 (2002) [Refereed Article]

DOI: 10.1016/S0167-4870(02)00100-9 [eCite] [Details]

Citations: Scopus - 7Web of Science - 6

Tweet

2001Lye JN, McDonald IM, Sibly HA, 'Estimates of the Range of Equilibrium Rates of Unemployment for Australia', The Economic Record, 77, (236) pp. 35-50. ISSN 0013-0249 (2001) [Refereed Article]

DOI: 10.1111/1475-4932.00003 [eCite] [Details]

Citations: Scopus - 13Web of Science - 10

Tweet

2001McDonald IM, Sibly HA, 'How Monetary Policy Can Have Permanent Real Effects with Only Temporary Nominal Rigidity', Scottish Journal of Political Economy, 48, (5) pp. 532-546. ISSN 0036-9292 (2001) [Refereed Article]

DOI: 10.1111/1467-9485.00213 [eCite] [Details]

Citations: Scopus - 4Web of Science - 4

Tweet

2001Sibly HA, 'Pricing and Management of Recreational Activities Which Use Natural Resources', Environmental and Resource Economics , 18, (3) pp. 339-354. ISSN 0924-6460 (2001) [Refereed Article]

DOI: 10.1023/A:1011165132180 [eCite] [Details]

Citations: Scopus - 8Web of Science - 4

Tweet

2001Sibly HA, 'Price Inflexibility in Markets with Repeat Purchasing', Journal of Macroeconomics, 23, (3) pp. 459-475. ISSN 0164-0704 (2001) [Refereed Article]

DOI: 10.1016/S0164-0704(01)00173-2 [eCite] [Details]

Citations: Scopus - 2Web of Science - 2

Tweet

2001Lye JN, McDonald IM, Sibly HA, 'Cycle and Trend in Models of the Range of Equilibria', Australian Economic Papers, 40, (3) pp. 387-404. ISSN 0004-900X (2001) [Refereed Article]

[eCite] [Details]

1998Prentice D, Sibly HA, 'The Non-Robustness of the Nash-Stackelberg-Hybrid Equilibrium', Australian Economic Papers, 37, (4) pp. 383-393. ISSN 0004-900X (1998) [Refereed Article]

[eCite] [Details]

1998Sibly HA, 'The Pricing and Management of Walking Tracks in Tasmania', The Australian Economic Review, 31, (4) pp. 345-56. ISSN 0004-9018 (1998) [Refereed Article]

[eCite] [Details]

Citations: Scopus - 2

1996Prentice D, Sibly HA, 'A Search-Theoretic Interpretation of Multi-Outlet Retailers', The Economic Record, 72, (219) pp. 359-369. ISSN 0013-0249 (1996) [Refereed Article]

DOI: 10.1111/j.1475-4932.1996.tb00970.x [eCite] [Details]

Citations: Scopus - 1Web of Science - 1

Tweet

1996Sibly HA, 'Geoffrey M Hodgson Economics and Evolution: Bringing Life Back into Economics', The Economic Record, 72, (219) pp. 398-400. ISSN 0013-0249 (1996) [Letter or Note in Journal]

[eCite] [Details]

1995Sibly HA, 'Advertising in Customer Markets', Scottish Journal of Political Economy, 42, (1) pp. 66-81. ISSN 0036-9292 (1995) [Refereed Article]

DOI: 10.1111/j.1467-9485.1995.tb01146.x [eCite] [Details]

Citations: Scopus - 2Web of Science - 2

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1995Sibly HA, 'Price Dynamics in Repeat-Purchase Markets', Economic Record, 71, (213) pp. 179-190. ISSN 0013-0249 (1995) [Refereed Article]

DOI: 10.1111/j.1475-4932.1995.tb01884.x [eCite] [Details]

Citations: Scopus - 1

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1994Lye J, Sibly HA, 'Testing for Pricing Asymmetries in Customer Markets', Australian Economic Papers, 33, (63) pp. 239-252. ISSN 0004-900X (1994) [Refereed Article]

DOI: 10.1111/j.1467-8454.1994.tb00863.x [eCite] [Details]

Citations: Scopus - 5

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1994Olekalns O, Sibly HA, 'Default Risk in Implicit Contract Models of the Credit Market', Australian Economics Papers, 33, (63) pp. 215-227. ISSN 0004-900X (1994) [Refereed Article]

DOI: 10.1111/j.1467-8454.1994.tb00861.x [eCite] [Details]

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1992Sibly HA, 'Asymmetric Information Flows in Customer Markets', Bulletin of Economic Research, 44, (4) pp. 323-341. ISSN 0307-3378 (1992) [Refereed Article]

DOI: 10.1111/j.1467-8586.1992.tb00550.x [eCite] [Details]

Citations: Scopus - 6

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1992Sibly HA, Olekalns N, 'Credit Rationing, Implicit Contracts, Risk Aversion and the Variability of Interest Rates', Journal of Macroeconomics, 14, (2) pp. 337-347. ISSN 0164-0704 (1992) [Refereed Article]

DOI: 10.1016/0164-0704(92)90048-D [eCite] [Details]

Citations: Scopus - 4Web of Science - 2

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Chapter in Book

(4 outputs)
YearCitationAltmetrics
2015Sibly HA, Tooth R, 'Managing Water Variability Issues', Understanding and Managing Urban Water in Transition, Springer, Grafton Q, Daniell KA, Nauges C, Rinaudo JD, and Chan NWW (ed), Dordrecht, pp. 383-400. ISBN 9789401798006 (2015) [Research Book Chapter]

DOI: 10.1007/978-94-017-9801-3_18 [eCite] [Details]

Citations: Web of Science - 1

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2013Sibly HA, 'Efficient Urban Water Pricing', Water, Security, Economics and Governance, Tilde University Press, R Quentin Grafton, Jamie Pittock, Maree Tait, Chris White (ed), Victoria Australia, pp. 292-305. ISBN 978-0-7346-1141-3 (2013) [Research Book Chapter]

[eCite] [Details]

2012MacDonald I, Sibly HA, 'The diamond of Macroeconomic equilibria and non inflationary expansion', Behavioural Macroeconomics, Edaward Elgar publishing, Ian MacDonald (ed), United Kindom, pp. 393-409. ISBN 9781781002582 (2012) [Revised Book Chapter]

[eCite] [Details]

2012Sibly HA, 'Loss averse customers and price inflexibility', Behavioural Macroeconomics, The International Library of Critical Writings in Economics 265, Edward Elgar Publishing, IM McDonald (ed), United Kingdom, pp. 208-225. ISBN 978 1 78100 258 2 (2012) [Research Book Chapter]

[eCite] [Details]

Conference Publication

(1 outputs)
YearCitationAltmetrics
1997Sibly HA, 'Pricing and Management of Walking Tracks in National Parks', Conference of Economists '97, Hobart, pp. 1. (1997) [Conference Extract]

[eCite] [Details]

Contract Report, Consultant's Report

(1 outputs)
YearCitationAltmetrics
1998Hagger AJ, Madden JR, Sibly HA, 'Scoping Study for Proposed National Parks Research', Parks and Wildlife Service (1998) [Consultants Report]

[eCite] [Details]

Co-authors: Hagger AJ; Madden JR

Grants & Funding

Funding Summary

Number of grants

9

Total funding

$1,131,218

Projects

Calculation of Long Run Marginal Cost (2011)$9,600
Funding
Southern Water ($9,600)
Scheme
Consultancy
Administered By
University of Tasmania
Research Team
Sibly HA
Year
2011
Appointment as Assistant Commissioner (2009)$7,500
Funding
Department of Treasury and Finance ($7,500)
Scheme
Consultancy
Administered By
University of Tasmania
Research Team
Sibly HA
Year
2009
Water and Sewerage Reform - Advisory Services (2009)$3,240
Funding
Department of Treasury and Finance ($3,240)
Scheme
Consultancy
Administered By
University of Tasmania
Research Team
Sibly HA
Year
2009
The Effectiveness of Forensic Science in the Criminal Justice System (2008 - 2012)$887,829
Description
The research aims to assess the effectiveness of forensic science in the criminal justice system (in both police investigations and court outcomes). This collaborative research will develop an evidence-based best practice model for using forensic science in both the reactive and proactive investigation of serious and volume crime. This research is significant in that, for the first time in Australia, an attempt will be made to establish the value of forensic science thereby assisting in the achievement of intelligence-led policing and improving court outcomes that will serve to safeguard Australia from crime.
Funding
Australian Research Council ($669,329)
Collaborators
Australian Federal Police ($87,500); Victoria Police ($131,000)
Scheme
Grant-Linkage Projects Round 1
Administered By
University of Tasmania
Research Team
Julian RD; White RD; Roux C; Sibly HA; Robertson James
Period
2008 - 2012
Grant Reference
LP0882797
Alternative Pricing Approaches for Urban Water (2007)$6,415
Funding
Department of Treasury and Finance ($6,415)
Scheme
Consultancy
Administered By
University of Tasmania
Research Team
Sibly HA
Year
2007
Predictive Cost and Maintenance Models for Short Term Scheduling Strategies in Hydro Power Plants (2003 - 2006)$102,496
Funding
Australian Research Council ($77,496)
Scheme
Grant-Linkage Projects Round 2 APA(I)
Administered By
University of Tasmania
Research Team
Sargison JE; Negnevitsky M; Sibly HA; Walker GJ
Period
2003 - 2006
Grant Reference
LP0348989
Economic Modelling of the Recreational Use of a Natural Resource When User Preferences are Heterogeneous (2002)$7,000
Funding
University of Tasmania ($7,000)
Scheme
Grant-Institutional Research Scheme
Administered By
University of Tasmania
Research Team
Sibly HA
Year
2002
Water pricing in Tasmania (2001)$10,000
Funding
Department of Treasury and Finance ($10,000)
Scheme
Consultancy
Administered By
University of Tasmania
Research Team
Sibly HA
Year
2001
Pricing in Australian Manufacturing (1994 - 1996)$97,138
Funding
Australian Research Council ($97,138)
Scheme
Grant-Large
Administered By
University of Tasmania
Research Team
Bloch HB; Kendall JD; Sibly HA
Period
1994 - 1996
Grant Reference
A79332242

Research Supervision

Current

1

Completed

3

Current

DegreeTitleCommenced
PhDThe Role of Incentives, Regulation, and Nudges in Influencing Compliance Behaviour of Marine Resource Users2016

Completed

DegreeTitleCompleted
PhDAn Investigation of Pricing and Profitability in the Short-stay Accommodation Industry in Tasmania
Candidate: Ann Elizabeth Marsden
2012
PhDThe Traverses of a Post-Keynesian Model of a Corn-Credit Economy
Candidate: Colin Leslie Richardson
2003
PhDInequality, Welfare, Household Composition & Prices: A Comparative Study on Australian and Canadian Data
Candidate: Paul Andrew Blacklow
2003