The economics of weather

Degree type

PhD

Closing date

18 July 2022

Campus

Hobart

Citizenship requirement

Domestic/International

About the research project

Economic activities in a wide range of sectors including agriculture, energy, fisheries and tourism are substantially influenced by weather conditions. Quality weather forecasts are thus crucial for many businesses to prioritize optimal actions in response to expected weather events, but assessments of weather forecasts are often based on statistical measures of forecast accuracy that are independent to its economic values.   What is missing, is way of forecasting weather to support important sectors.

A core strategic goal of UTAS is to improve environmental sustainability and economic outcomes. This project contributes to that goal by linking methods to improve weather forecasts and to use weather information for sector specific decision making. With a long track record in both natural resource economics and time series forecasting, COBE researchers possesses the expertise to support the project. Successful candidate(s) will undertake research in one or more of the following areas: economics of information, weather and renewable energy, weather and fisheries and aquaculture, probability forecasting, forecast evaluation.

Candidates are expected to generate case studies for weather dependent sectors in Tasmania. They are also expected to develop theories and methods in the field of forecasting and/or value of information.

Supervisory team:  Dr Jing Tian (Forecasting), Dr Satoshi Yamazaki (Fisheries and aquaculture) &/or Clinton Levitt (Renewable Energy)

Primary Supervisor

Meet Dr Jing Tian

Funding

Applicants will be considered for a Research Training Program (RTP) scholarship or Tasmania Graduate Research Scholarship (TGRS) which, if successful, provides:

  • a living allowance stipend of $28,854 per annum (2022 rate, indexed annually) for 3.5 years
  • a relocation allowance of up to $2,000
  • a tuition fees offset covering the cost of tuition fees for up to four years (domestic applicants only)

If successful, international applicants will receive a University of Tasmania Fees Offset for up to four years.

As part of the application process you may indicate if you do not wish to be considered for scholarship funding.

Eligibility

Applicants should review the Higher Degree by Research minimum entry requirements.

Applicants from the following disciplines are encouraged to apply:

  • Economics
  • Econometrics
  • Applied Statistics
  • Operational Research

Selection Criteria

The project is competitively assessed and awarded.  Selection is based on academic merit and suitability to the project as determined by the College.

Additional essential selection criteria specific to this project:

  • Strong statistics and quantitative skills
  • Experience in programming in Matlab, R or Python
  • Genuine interest in developing and applying economic methodologies to specific sectors
  • Strong verbal and written communication skills

Application process

There is a three-step application process:

  1. Select your project, and check you meet the eligibility and selection criteria;
  2. Contact the Primary Supervisor, Dr Jing Tian, to discuss your suitability and the projects requirements; and
  3. Submit an application by the closing date listed above.
    • Copy and paste the title of the project from this advertisement into your application. If you don’t correctly do this your application may be rejected.
    • As part of your application you will be required to submit a covering letter, a CV including 2 x referees and your project research proposal.

Following the application closing date applications will be assessed within the College. Applicants should expect to receive notification of the outcome by email by the advertised outcome date.

Apply now Explore other projects

Why the University of Tasmania?

Worldwide reputation for research excellence

Quality supervision and support

Tasmania offers a unique study lifestyle experience