NEXTRANS Director Awarded $40,000 for Research
February 15, 2012
WEST LAFAYETTE, Ind. – Srinivas Peeta, NEXTRANS Center director and professor of civil engineering, is one of six researchers to receive a grant from the Purdue University Global Policy Research Institute.
"This is the institute's third year of awarding funds to help faculty members secure larger grants from external agencies and organizations," said Arden L. Bement Jr., director of the Global Policy Research Institute. "The seed money awarded to these six multidisciplinary teams will help position the researchers to secure more support in the future in service to real needs."
Director Peeta will receive $40,000 in funding for his project, "Policymaking Considering Interdependent Infrastructure Systems: An Economic General Equilibrium Approach." Goals of this project include the need for development of an analytical framework that integrates the transportation and energy sectors in terms of their interdependencies, and policy instruments, to provide a quantitative tool that can analyze long-term effects of different types of transportation policies, such as pricing, tax and subsidy, on the energy sector.
Purdue's Global Policy Research Institute focuses on the university's strengths in science, information technology, data management and systems engineering in collaboration with economics and the social sciences to inform policymakers about critical issues such as food security and health. These incentive award grants also serve as an opportunity for graduate students to work on interdisciplinary teams addressing problems with local, regional, national and global impact. During the last two years, a total of $300,000 in seed money was awarded to support topics that included food security, disaster recovery, cancer prevention and sustainability. Through these incentive award initiatives, the Global Policy Research Institute is supporting approximately 20 graduate students.
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