Gigi Foster

Professor

Gigi Foster is a Professor with the School of Economics at the University of New South Wales, having joined UNSW in 2009 after six years at the University of South Australia.  Formally educated at Yale University (BA in Ethics, Politics, and Economics) and the University of Maryland (PhD in Economics), she works in diverse fields including education, social influence, corruption, lab experiments, time use, behavioural economics, and Australian policy.  Her research contributions regularly inform public debates and appear in both specialised and cross-disciplinary outlets (e.g., Quantitative Economics, Journal of Economic Behavior and Organization, Journal of Population Economics, Journal of Economic Psychology, Human Relations).  Her teaching, featuring strategic innovation and integration with research, was awarded a 2017 Australian Awards for University Teaching (AAUT) Citation for Outstanding Contributions to Student Learning.  Named 2019 Young Economist of the Year by the Economic Society of Australia, Professor Foster has filled numerous roles of service to the profession and engages heavily on economic matters with the Australian community.  As one of Australia’s leading economics communicators, her regular media appearances include co-hosting The Economists, a national economics talk-radio program and podcast series premiered in 2018, with Peter Martin AM on ABC Radio National.

Selected Research Grants:

  • 2015-2017: ARC Discovery Project Grant - AUD$231,800 awarded over three years by the Australian Research Council for project entitled The Economics of Cooperative Behaviour with Ben Greiner, Paul Frijters and Attila Ambrus
  • 2009-2011: ARC Discovery Project Grant awarded over three years by the Australian Research Council (2008) for project entitled, 'Should Rational Individuals be Optimistic? Theory, Survey Evidence, Experimental Evidence, and Policy Implications' (with Paul Frijters and Benno Torgler), AUD$221,000
  • 2008-2010: ARC Discovery Project Grant awarded over three years by the Australian Research Council (2007) for project entitled, 'Distributional Consequences of Mass-Market Higher Education in Business', AUD$89,740

Research Interests:

  • Economics of education
  • Behavioural economics
  • Social influences on economic behavior
  • Time use

UNSW Business School Profile: https://www.business.unsw.edu.au/our-people/gigifoster

 

Journal articles
add
Foster G, 2021, 'Invisible Women: Exposing Data Bias in a World Designed for Men', ECONOMIC RECORD, vol. 97, pp. 310 - 316, http://dx.doi.org/10.1111/1475-4932.12620
2021
Bose G; Dechter E; Foster G, 2020, 'Behavioral coordination as an individual best-response to punishing role models', Journal of Economic Behavior and Organization, vol. 174, pp. 301 - 319, http://dx.doi.org/10.1016/j.jebo.2017.03.016
2020
Foster G, 2020, 'Early estimates of the impact of COVID-19 disruptions on jobs, wages, and lifetime earnings of schoolchildren in Australia', Australian Journal of Labour Economics, vol. 23, https://businesslaw.curtin.edu.au/wp-content/uploads/sites/5/2020/09/129339-AJLE-Vol-23-No-2-2020-2527-FINAL.pdf
2020
Foster G; Stratton LS, 2019, 'What women want (their men to do): Housework and Satisfaction in Australian Households', Feminist Economics, vol. 25, pp. 23 - 47, http://dx.doi.org/10.1080/13545701.2019.1609692
2019
Foster G; Pingle M; Yang J, 2019, 'Are we addicted to love? A parsimonious economic model of love', Journal of Economic Behavior and Organization, vol. 165, pp. 70 - 81, http://dx.doi.org/10.1016/j.jebo.2019.07.009
2019
Foster G, 2019, 'Hybrid Public Policy Innovations: Contemporary Policy Beyond Ideology, by Mark Fabian and Robert Breunig (eds.) (Taylor and Francis, New York, NY, 2018), pp. 289.', Economic Record, http://dx.doi.org/10.1111/1475-4932.12463
2019
Foster G, 2019, 'A portrait of a scientist as a young mind', Journal of Mind and Behavior, vol. 40, pp. 83 - 94
2019
Ko CC; Frijters P; Foster G, 2018, 'A tale of cyclones, exports and surplus forgone in Australia’s protected banana industry', Economic Record, vol. 94, pp. 276 - 300, http://dx.doi.org/10.1111/1475-4932.12414
2018
Foster G; Stratton LS, 2018, 'Do significant labor market events change who does the chores? Paid work, housework, and power in mixed-gender Australian households', Journal of Population Economics, vol. 31, pp. 483 - 519, http://dx.doi.org/10.1007/s00148-017-0667-7
2018
Foster G; Stratton LS, 2018, 'Does Female Breadwinning Make Partnerships Less Healthy or Less Stable?', , https://ideas.repec.org/p/iza/izadps/dp11938.html
2018
Foster G; Frijters P; Schaffner M; Torgler B, 2018, 'Expectation formation in an evolving game of uncertainty: New experimental evidence', Journal of Economic Behavior and Organization, vol. 154, pp. 379 - 405, http://dx.doi.org/10.1016/j.jebo.2018.07.013
2018
Foster G, 2018, 'Ethics in Economics', AGENDA-A JOURNAL OF POLICY ANALYSIS AND REFORM, vol. 25, pp. 61 - 75, http://dx.doi.org/10.22459/AG.25.01.2018.04
2018
Foster G, 2018, 'Towards a living theoretical spine for (behavioural) economics', Journal of Behavioral Economics for Policy, vol. 2, pp. 75 - 81
2018
Foster G, 2018, 'Education Policy Reforms to Boost Productivity in Australia', Australian Economic Review, vol. 51, pp. 253 - 261, http://dx.doi.org/10.1111/1467-8462.12271
2018
Foster G, 2017, 'Why Gender Matters in Economics', ECONOMIC RECORD, vol. 93, pp. 509 - 511, http://dx.doi.org/10.1111/1475-4932.12364
2017
Foster G, 2015, 'Book review: Geoffrey M Hodgson, From Pleasure Machines to Moral Communities: An Evolutionary Economics without Homo Economicus', The Economic and Labour Relations Review, vol. 26, pp. 175 - 181, http://dx.doi.org/10.1177/1035304614566353
2015
Frijters P; Foster G, 2015, 'Rising inequality: A benign outgrowth of markets or a symptom of cancerous political favours?', Australian Economic Review, vol. 48, pp. 67 - 75, http://dx.doi.org/10.1111/1467-8462.12096
2015
Kalenkoski CM; Foster G, 2015, 'Measuring the relative productivity of multitasking to sole-tasking in household production: experimental evidence', Applied Economics, vol. 47, pp. 1847 - 1862, http://dx.doi.org/10.1080/00036846.2014.1000526
2015
Foster G; Frijters P, 2014, 'Book Review - The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life, Uri Gneezy, John A. List. Public Affairs (2013). xi + 267 pp. ISBN: 978-1-61039-311-9', Journal of Economic Psychology, vol. 44, pp. 50 - 51, http://dx.doi.org/10.1016/j.joep.2014.06.004
2014
Greenglass E; Antonides G; Christandl F; Foster G; Katter JKQ; Kaufman BE; Lea SEG, 2014, 'The financial crisis and its effects: Perspectives from economics and psychology', Journal of Behavioral and Experimental Economics, vol. 50, pp. 10 - 12, http://dx.doi.org/10.1016/j.socec.2014.01.004
2014
Foster G; Frijters P, 2014, 'The formation of expectations: Competing theories and new evidence', Journal of Behavioral and Experimental Economics, vol. 53, pp. 66 - 81, http://dx.doi.org/10.1016/j.socec.2014.08.001
2014
Pugh K; Foster G, 2014, 'Australia's National School Data and the 'Big Data' Revolution in Education Economics', Australian Economic Review, vol. 47, pp. 258 - 268, http://dx.doi.org/10.1111/1467-8462.12065
2014
Foster G; Kalenkoski CM, 2013, 'Tobit or OLS? An empirical evaluation under different diary window lengths', Applied Economics, vol. 45, pp. 2994 - 3010, http://dx.doi.org/10.1080/00036846.2012.690852
2013
Foster G, 2012, 'The Impact of International Students on Measured Learning and Standards in Australian Higher Education', Economics of Education Review, vol. 31, pp. 587 - 600, http://dx.doi.org/10.1016/j.econedurev.2012.03.003
2012
Arcidiacono P; Foster G; Goodpaster N; Kinsler J, 2012, 'Estimating Spillovers using Panel Data, with an Application to the Classroom', Quantitative Economics, vol. 3, pp. 421 - 470, http://dx.doi.org/10.3982/QE145
2012
Foster G; Frijters P; Johnston D, 2012, 'The triumph of hope over disappointment: A note on the utility value of good health expectations', Journal of Economic Psychology, vol. 33, pp. 208 - 214, http://dx.doi.org/10.1016/j.joep.2011.09.010
2012
Foster G, 2011, 'Academics as Educators in Australian Universities: Power, Perceptions, and Institutions', Economic Papers, vol. 30, pp. 568 - 575, http://dx.doi.org/10.1111/j.1759-3441.2011.00142.x
2011
Foster G, 2010, 'Teacher effects on student attrition and perforrmance in mass-market tertiary education', Higher Education, vol. 2010, pp. 301 - 319, http://dx.doi.org/10.1007/s10734-009-9301-2
2010
Foster G; Frijters P, 2010, 'Students' Beliefs about Peer Effects', Economics Letters, vol. 108, pp. 260 - 263, http://dx.doi.org/10.1016/j.econlet.2010.05.020
2010
Foster G, 2009, 'A Diagrammatic Exposition of Regression and Instrumental Variables for th Beginning Student', Journal of Economic Education, vol. 40, pp. 278 - 296, http://dx.doi.org/10.3200/JECE.40.3.278-296
2009
Foster G, 2008, 'Names will Never Hurt Me: Racially identifiable names and identity in the undergraduate classroom', Social Science Research, vol. 37, pp. 934 - 952, http://dx.doi.org/10.1016/j.ssresearch.2008.02.004
2008
Kalenkoski CM; Foster G, 2008, 'The quality of time spent with children in Australian households', Review of Economics of the Household, vol. 6, pp. 243 - 266, http://dx.doi.org/10.1007/s11150-008-9036-3
2008
Leach M; Pincombe J; Foster G, 2006, 'Using Horsechestnut Seed Extract in the Treatment of Venous Leg Ulcers: A cost-benefit analysis', Ostomy Wound Management, vol. 52, pp. 68 - 78, http://www.o-wm.com/content/using-horsechestnut-seed-extract-treatment-venous-leg-ulcers-a-cost-benefit-analysis
2006
Leach M; Pincombe J; Foster G, 2006, 'Clinical Efficacy of Horsechestnut Seed Extract in Venous Leg Ulcer Management', Journal of Wound Care, vol. 15, pp. 159 - 167, http://dx.doi.org/10.12968/jowc.2006.15.4.26898
2006
Foster G, 2006, 'It's not your peers, and it's not your friends: Some progress toward understanding the educational peer effect mechanism', Journal of Public Economics, vol. 90, pp. 1455 - 1475, http://dx.doi.org/10.1016/j.jpubeco.2005.12.001
2006
Shanahan M; Foster G; Erik , 2006, 'Operationalising a Threshold Concept in Economics: A Pilot Study Using Multiple Choice Questions on Opportunity Cost', International review of economics education, vol. 5, pp. 29 - 57, http://dx.doi.org/10.1016/S1477-3880(15)30119-5
2006
Foster G, 2005, 'Making Friends: A nonexperimental analysis of social pair formation', Human Relations, vol. 58, pp. 1443 - 1465, http://dx.doi.org/10.1177/0018726705061313
2005
Book Chapters
add
Foster G, 2019, 'Conclusion', in Biophysical Measurement in Experimental Social Science Research: Theory and Practice, pp. 267 - 277, http://dx.doi.org/10.1016/B978-0-12-813092-6.00010-1
2019
Foster G, 2019, '"Teaching Quality in Australian Universities: Present measures, policies and possibilities"', in Campus Meltdown: Australian Universities in Crisis
2019
Foster G, 2019, 'Chapter 10 Conclusion', in Biophysical Measurement in Experimental Social Science Research, pp. 267 - 277, http://dx.doi.org/10.1016/b978-0-12-813092-6.00010-1
2019
Frijters P; Foster G, 2017, 'Is it rational to be in love?', in Handbook of behavioral economics and smart decision making: Rational Decision-Making within the Bounds of Reason, Edward Elgar Publishing, http://www.e-elgar.com/shop/handbook-of-behavioral-economics-and-smart-decision-making
2017
Foster G; Frijters P; Greiner B, 2017, 'Challenges for Market and Institutional Design when Countering Exploitation Strategies', in Giraldeau L; Heeb P; Kosfeld M (ed.), Investors and Exploiters in Ecology and Economics Principles and Applications, MIT Press, https://mitpress.mit.edu/books/investors-and-exploiters-ecology-and-economics
2017
Foster G; Frijters P, 2017, 'Behavioral Political Economy', in Routledge Handbook of Behavioral Economics, Routledge, pp. 348 - 364, http://dx.doi.org/10.4324/9781315743479
2017
Foster G, 2016, 'Grading Standards in Higher Education: Trends, Context, and Prognosis', in Bretag T (ed.), Handbook of Academic Integrity, Springer, pp. 307 - 324, http://dx.doi.org/10.1007/978-981-287-098-8_48
2016
Kalenkoski CM; Foster G, 2016, 'Discussion: The economics of multitasking', in Kalenkoski C; Foster G (ed.), The Economics of Multitasking, Palgrave Macmillan, pp. 203 - 208, http://dx.doi.org/10.1057/9781137381446
2016
Kalenkoski CM; Foster G, 2016, 'Introduction: The economics of multitasking', in Kalenkoski C; Foster G (ed.), The Economics of Multitasking, Palgrave Macmillan, pp. 1 - 5, http://dx.doi.org/10.1057/9781137381446
2016
Kalenkoski CM; Foster G, 2016, 'Are Women Better than Men at Multitasking Household Production Activities?', in The Economics of Multitasking, Palgrave Macmillan US, pp. 19 - 32, http://dx.doi.org/10.1057/9781137381446_3
2016
Kalenkoski CM; Foster G, 2016, 'Introduction: The Economics of Multitasking', in The Economics of Multitasking, Palgrave Macmillan US, pp. 1 - 5, http://dx.doi.org/10.1057/9781137381446_1
2016
Kalenkoski CM; Foster G, 2016, 'Discussion: The Economics of Multitasking', in The Economics of Multitasking, Palgrave Macmillan US, pp. 203 - 207, http://dx.doi.org/10.1057/9781137381446_10
2016
Kalenkoski CM; Foster G, 2016, 'Are women better than men at multitasking household production activities?', in Kalenkoski C; Foster G (ed.), The Economics of Multitasking, Palgrave Macmillan, pp. 19 - 32, http://dx.doi.org/10.1057/9781137381446
2016
Foster G, 2015, 'Grading Standards in Higher Education: Trends, Context, and Prognosis', in Handbook of Academic Integrity, Springer Singapore, pp. 1 - 14, http://dx.doi.org/10.1007/978-981-287-079-7_48-1
2015
Foster G, 2015, 'Grading Standards in Higher Education: Trends, Context, and Prognosis', in Handbook of Academic Integrity, Springer Singapore, pp. 1 - 14, http://dx.doi.org/10.1007/978-981-287-079-7_48-2
2015
Foster G, 2015, 'Experimental Economics', in Wright J (ed.), International Encyclopedia of the Social & Behavioral Sciences, Elsevier, pp. 546 - 551, http://dx.doi.org/10.1016/B978-0-08-097086-8.71052-X
2015
Shanahan M; Foster G; Meyer JHF, 2010, 'Threshold concepts and attrition in first-year economics', in Meyer JHF; Land R; Baillie C (ed.), Threshold Concepts and Transformational Learning, edn. 1st Edition, Sense Publishers, Rotterdam, pp. 207 - 226
2010
Shanahan M; Foster G; Erik , 2008, 'Associations among prior acquisition of threshold concepts, learning dimensions, and examination performance in first-year economics', in Land R; Meyer J; Smith J (ed.), Threshold Concepts within the Disciplines, edn. 1, Sense Publishers, Rotterdam
2008
Frijters P; Foster G, 'Is it rational to be in love?', in , Edward Elgar Publishing, pp. 205 - 232, http://dx.doi.org/10.4337/9781782549598.00020
Books
add
Foster G, 2019, Biophysical measurement in experimental social science research: Theory and practice, http://dx.doi.org/10.1016/C2016-0-04236-5
2019
Frijters P; Foster G, 2013, An Economic Theory of Greed, Love, Groups, and Networks, Cambridge University Press, http://dx.doi.org/10.1017/CBO9781139207041
2013
Edited Books
add
Foster G, (ed.), 2019, Biophysical measurement in experimental social science research, Academic Press, https://www.elsevier.com/books/biophysical-measurement-in-experimental-social-science-research/foster/978-0-12-813092-6
2019
Kalenkoski CM; Foster G, 2015, The Economics of Multitasking, Palgrave Macmillan, http://dx.doi.org/10.1057/9781137381446
2015
Conference Papers
add
Coelli M; Foster G; Leigh A, 2018, 'Do School Principals Respond to Increased Public Scrutiny? New Survey Evidence from Australia', in Economic Record, pp. 73 - 101, http://dx.doi.org/10.1111/1475-4932.12400
2018
Working Papers
add
Foster G; Stratton L, Do Significant Labour Market Events Change Who Does the Laundry? Work, chore allocation, and power in Australian households, 2017-06, http://dx.doi.org
Foster G, 2020, Correctly counting the cost shows Austrlaia's lockdown was a mistake, https://www.afr.com/policy/economy/correctly-counting-the-cost-shows-australia-s-lockdown-was-a-mistake-20200525-p54w1o
2020
Foster G, 2018, 15 articles written since 2011, https://theconversation.com/profiles/gigi-foster-194/articles
2018
Foster G, 2018, Finland's basic income trial exposes timeless welfare reform dilemma
2018
Foster G, 2018, Money does affect your happiness, but it's complicated, http://www.abc.net.au/news/2018-03-05/there-is-a-link-betweenmoney-and-happiness/9502044
2018
Foster G; Henderson T, 2017, Debate: Should we be fighting for a Universal Basic Income in Australia?, http://www.theguardian.com/commentisfree/2017/jan/12/debate-shouldwe-be-fighting-for-a-universal-basic-income-in-australia
2017
Foster G, 2016, Are Men Better at Multitasking than Women?, https://fatherhood.global/men-women-multitasking/
2016
Foster G; Frijters P, 2015, Battlers and plutocrats: How political connections reward Australia’s super-rich, http://www.abc.net.au/news/2015-08-26/frijters-foster-battlers-and-plutocrats/6725118
2015
Foster G, 2020, We can't cure the virus by making the economy sick
2020

Multitasking: productivity scourge or boon?

18/03/2016

This budget - like others before - will favour the rent-seekers

27/04/2015

The slide of academic standards in Australia: a cautionary tale

21/04/2015

Universities are misguided to evade controversy with ëethicsí

03/03/2015

UNSW News