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The Australian National University

Research associates

Angela Arthington
Angela
Arthington

Jeff Bennett
Jeff
Bennett

Henning Bjornlund
Henning
Bjornlund

Neil Byron
Neil
Byron

Jeremy Cheesman
Jeremy
Cheesman

Daniel  Connell
Daniel
Connell

Jeff Connor
Jeff
Connor

Steven Cork
Steven
Cork

Allan Curtis
Allan
Curtis

Katherine Daniell
Katherine
Daniell

Stephen Dovers
Stephen
Dovers

Diane Dupont
Diane
Dupont

Ian Falconer
Ian
Falconer

Douglas Fisher
Douglas
Fisher

Kevin Fox
Kevin
Fox

John Freebairn
John
Freebairn

Marian García-Valiñas
Marian
García-Valiñas

Dustin Garrick
Dustin
Garrick

Neil Gunningham
Neil
Gunningham

Gregory  Hertzler
Gregory
Hertzler

Anthony Hogan
Anthony
Hogan

Karen Hussey
Karen
Hussey

Sue Jackson
Sue
Jackson

Tom Kompas
Tom
Kompas

Gary Libecap
Gary
Libecap

Amanda Lynch
Amanda
Lynch

Jennifer McKay
Jennifer
McKay

DC "Bear" McPhail
DC "Bear"
McPhail

Céline Nauges
Céline
Nauges

Barry Newell
Barry
Newell

William Nikolakis
William
Nikolakis

Robert OBrien
Robert
OBrien

Jamie Pittock
Jamie
Pittock

John Quiggin
John
Quiggin

Ejaz Qureshi
Ejaz
Qureshi

Steven Renzetti
Steven
Renzetti

Paul Ryan
Paul
Ryan

Hugh Sibly
Hugh
Sibly

Caroline Sullivan
Caroline
Sullivan

Hang To
Hang
To

Richard Tooth
Richard
Tooth

Michael Ward
Michael
Ward

Sarah Wheeler
Sarah
Wheeler

John Williams
John
Williams

Gregory  Hertzler

Gregory Hertzler

Gregory is currently an Honorary Research Fellow at the University of Western Australia, a Principal Research Fellow and Associate Professor at the University of Sydney and an Extraordinary Professor at the University of Pretoria. Although he has taught countless undergraduates over the years, currently he is supervising honours and postgraduate students.

Most of Gregory's research is in bio economics, the combination of ecological and economic models to manage dynamic systems, and in real options, the management of dynamic systems under risk. He have just completed a research project with Land and Water Australia on valuing ecosystem services by combining ecological and economic systems in a dynamic model of social welfare. He has recently presented workshops at meetings of the Australian Agricultural and Resource Economics Society and the International Association of Agricultural Economists on applications of real options. For example, water rights are a real option. Owning a water right confers the right to exercise the option in a dry year and the real option approach gives a way to value a water right subject to significant risks. He also applies real options to many other decisions such as adapting to climate change and the design of weather insurance.

http://www.agric.usyd.edu.au/staff/find_staff_member/staff_profiles/greg_hertzler.shtml

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Updated:  3 November 2011/Responsible Officer:  Crawford Engagement /Page Contact:  CAP Web Team