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Centre for Market Design

The Centre for Market Design is a research centre that produces leading, innovative economic research which focuses on delivering value to the community.


Established in 2012, the Centre for Market Design (CMD) is hosted by the University of Melbourne’s Department of Economics and jointly funded by the Commonwealth Treasury, the Victorian Department of Treasury and Finance, and the University of Melbourne.


The Centre focuses on the design of markets and institutions and as such has expertise in economic theory, mechanism design, experimental economics, auction theory, matching markets, industrial organization and structural econometrics.


The CMD’s mission is grounded on the view that economics is an applied science with equal emphasis on both words. It uses its research as the foundation to build economic capability, impact microeconomic policy and legislation, and engage with government and industry partners on applied projects that enhance economic competitiveness.


Currently, the CMD has multiple projects in progress with government and industry partners including; Commonwealth Treasury, West Australian Department of Commerce, National Disability Insurance Agency, New South Wales Government Fair Trading, Children’s Court of Victoria, Victorian Department of Treasury and Finance, Transurban, and South East Water.

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