Dr Tim Capon

Tim Capon is an agricultural and environmental economist who researches decision-making and market behaviour under conditions of risk and uncertainty to inform policy evaluation and development. Tim's research draws on theories from economics and psychology to promote more sustainable agricultural and environmental outcomes. Applications include work on economic resilience and real options analysis, climate change adaptation, environmental markets and natural resource management, and plant and animal biosecurity (Google Scholar profile).

Economic resilience and real options analysis

Sanderson, T., Capon, T., and Hertzler, G. (2017). Defining, Measuring and Valuing Economic Resilience. Sydney: CSIRO. https://doi.org/10.4225/08/59b98050abdd1

Sanderson, T., Hertzler, G., Capon, T. and Hayman, P. (2015). A real options analysis of Australian wheat production under climate change. Australian Journal of Agricultural and Resource Economics, 60: 79-96. https://doi.org/10.1111/1467-8489.12104

Hertzler, G., Sanderson, T., Capon, T., Hayman, P., Kingwell, R., McClintock, A., Crean, J. and Randall, A. (2014). Farmer decision-making under climate change. In Applied Studies in Climate Adaptation (eds J.P. Palutikof, S.L. Boulter, J. Barnett and D. Rissik). https://doi.org/10.1002/9781118845028.ch14

Climate change adaptation

Wise, R. M., Capon, T., Lin, B. B., Stafford Smith, M. (2022) Pragmatic cost–benefit analysis for infrastructure resilience. Nature Climate Change. 12: 881–883. https://doi.org/10.1038/s41558-022-01468-5

Capon, T., Stafford Smith, M., and Wise, R. (2021). National Climate Change Adaptation Case Study: Early Adaptation to Climate Change through Climate-Compatible Development and Adaptation Pathways. In K. Baldwin, M. Howden, M. Smith, K. Hussey, & P. Dawson (Eds.), Transitioning to a Prosperous, Resilient and Carbon-Free Economy: A Guide for Decision-Makers (pp. 365-388). Cambridge: Cambridge University Press. https://doi.org/10.1017/9781316389553.019

Lin, B. B., Capon, T., Langston, A., Taylor, B., Wise, R., Williams, R., and Lazarow, N. (2017) Adaptation Pathways in Coastal Case Studies: Lessons Learned and Future Directions, Coastal Management, 45: 5, 384-405. https://doi.org/10.1080/08920753.2017.1349564

Colloff, M. J., et al. (2017). An integrative research framework for enabling transformative adaptation, Environmental Science & Policy, 68: 87-96, ISSN 1462-9011, https://doi.org/10.1016/j.envsci.2016.11.007

Pittock, J., Marshall, N., Capon, T., Parsons, M., Robertson, A.I., and Casaril, C. (2014). A review of Australian institutions for riparian adaptation to climate change. Journal of Water and Climate Change, 5(3): 315–327. https://doi.org/10.2166/wcc.2014.116

Capon, S. J., Chambers, L. E., Mac Nally, R. et al. Riparian Ecosystems in the 21st Century: Hotspots for Climate Change Adaptation? Ecosystems, 16: 359–381 (2013). https://doi.org/10.1007/s10021-013-9656-1

Environmental markets and natural resource management

Bryan, B., Runting, R., Capon, T. et al. Designer policy for carbon and biodiversity co-benefits under global change. Nature Climate Change, 6: 301–305 (2016). https://doi.org/10.1038/nclimate2874

Capon, T. (2015). Environmental Markets: A Property Rights Approach, by Terry L. Anderson and Gary D. Libecap. Published by Cambridge University Press, Cambridge, UK, 2014. Australian Journal of Agricultural and Resource Economics, 59: 311-313. https://doi.org/10.1111/1467-8489.12108

Capon, T., Harris, M., and Reeson, A. (2013). The Design of Markets for Soil Carbon Sequestration. Economic Papers, 32: 161-173. https://doi.org/10.1111/1759-3441.12034

Tisdell, J. G., Ward, J. R., and Capon, T. (2004). Impact of communication and information on a complex heterogeneous closed water catchment environment. Water Resources Resesearch, 40, W09S03, https://doi.org/10.1029/2003WR002868

Plant and animal biosecurity

Seitzinger, A. H., Garner, M. G., Bradhurst, R., Roche, S., Breed, A. C., Capon, T., Miller, C. and Tapsuwan, S., (2022). FMD vaccine allocation and surveillance resourcing options for a potential Australian incursion. Australian Veterinary Journal, 100: 550-561. https://doi.org/10.1111/avj.13195

Seitzinger, A. H., Hafi, A., Addai, D., Garner, M. G., Bradhurst, R., Breed, A. C., Capon, T., Miller, C., Pinol, J., and Tapsuwan, S., (2022). The economic benefits of targeted response strategies against foot-and-mouth disease in Australia. Preventive Veterinary Medicine, 204,105636, ISSN 0167-5877, https://doi.org/10.1016/j.prevetmed.2022.105636

Hafi, A., Addai, D., Breed, A. C., Bradhurst, R., Capon, T., Garner, M. G., Miller, C., Pinol, J., Seitzinger, A. H., and Tapsuwan, S. (2022). Economic benefits of implementing trading zones for Australian livestock disease outbreaks of limited duration. Australian Veterinary Journal, 100: 150-161. https://doi.org/10.1111/avj.13141

Garner, M. G., Vosloo, W., Tapsuwan, S., Bradhurst, R., Seitzinger A. H., Breed, A. C., Capon, T. (2021). Comparing surveillance approaches to support regaining free status after a foot-and-mouth disease outbreak. Preventive Veterinary Medicine, 194, 105441, ISSN 0167-5877, https://doi.org/10.1016/j.prevetmed.2021.105441

Capon, T. R., Garner, M. G., Tapsuwan, S., Roche, S., Breed, A. C., Liu, S., Miller, C., Bradhurst, R., and Hamilton, S. (2021). A Simulation Study of the Use of Vaccination to Control Foot-and-Mouth Disease Outbreaks Across Australia. Frontiers in Veterinary Science, 8: 648003. https://doi.org/10.3389/fvets.2021.648003

Tapsuwan, S., Capon, T., Tam, M., Kandulu, J., Measham, P., and Whitten, S., (2020). Willingness to pay for area-wide management and sterile insect technique to control fruit flies in Australia. International Journal of Pest Management, 66(4): 351-367, https://doi.org/10.1080/09670874.2019.1652369

Tam, M., Capon, T., Whitten, S., Tapsuwan, S., Kandulu, J., and Measham, P. (2023). Assessing the economic benefit of area wide management and the sterile insect technique for the Queensland fruit fly in pest-free vs. endemic regions of South-east Australia. International Journal of Pest Management, https://doi.org/10.1080/09670874.2020.1853274