Liquidity in financial markets. This project aims to develop a theory which models the effect of liquidity on option prices under different market conditions. Economic or financial crises are inevitable and affect economics. During or after a major financial crisis, market liquidity usually becomes risky and needs to be studied. Through both empirical and theoretical explorations, this project will quantify and measure liquidity risk and its effect on the options markets. It will develop a frame ....Liquidity in financial markets. This project aims to develop a theory which models the effect of liquidity on option prices under different market conditions. Economic or financial crises are inevitable and affect economics. During or after a major financial crisis, market liquidity usually becomes risky and needs to be studied. Through both empirical and theoretical explorations, this project will quantify and measure liquidity risk and its effect on the options markets. It will develop a framework to help market regulators manage illiquidity, enhance the efficiency of option trading in illiquid markets and help in the detection of market manipulation.Read moreRead less
Two-price quantitative finance. This project aims to establish a novel field, namely two-price quantitative finance, and explore its applications. The new field will integrate two major schools for modelling and explain the presence of two prices, the buying and selling prices, widely observed in the real-world markets, and the equilibrium approach from the fundamental law of one price. The outcomes would deepen our understanding of the fundamental relationship among liquidity, prices, risk and ....Two-price quantitative finance. This project aims to establish a novel field, namely two-price quantitative finance, and explore its applications. The new field will integrate two major schools for modelling and explain the presence of two prices, the buying and selling prices, widely observed in the real-world markets, and the equilibrium approach from the fundamental law of one price. The outcomes would deepen our understanding of the fundamental relationship among liquidity, prices, risk and the economy. This project expects to bring about long-term impact on quantitative finance and related applications through providing a deep understanding of, and a new perspective for, the design, risk and fairness of the finance, property and insurance markets.Read moreRead less
G-expectation and its applications to nonlinear risk management. This project will develop novel theories and methods for nonlinear risk management based on nonlinear expectations and Backward Stochastic Differential Equations. The expected outcomes of the project will place Australia in the forefront and the leading position of these fields.
Communication and information storage mechanisms in complex dynamical brain networks. Recordings of electrical activity in the brain often cycle repetitively. The aim of this research is to explain how these brain rhythms assist the brain to coordinate simultaneous activity in several regions. Australian socioeconomic benefits include: (i) contributions to the knowledge base of theoretical neuroscience, enhancing Australia's reputation for cutting-edge research; (ii) strengthening of internation ....Communication and information storage mechanisms in complex dynamical brain networks. Recordings of electrical activity in the brain often cycle repetitively. The aim of this research is to explain how these brain rhythms assist the brain to coordinate simultaneous activity in several regions. Australian socioeconomic benefits include: (i) contributions to the knowledge base of theoretical neuroscience, enhancing Australia's reputation for cutting-edge research; (ii) strengthening of international collaborations with Europe and Japan; (iii) outcomes will ultimately impact on improved medical bionics and future interfaces between brain activity and machines or computers; and (iv) commercialization and technology transfer opportunities, via the transfer of results to biologically inspired engineering.Read moreRead less
Root-to-shoot: modeling the salt stress response of a plant vascular system. Salt and drought are the two major abiotic stresses affecting crop plant health, growth and development. We aim to understand salt and water transport in plants and the physiological effects of soil salinity. Using biophysical models, we will quantify the movement of salt through plant organs, tissues and cells, from root to leaf. We aim to answer the question of how salt moves across the different tissues and major org ....Root-to-shoot: modeling the salt stress response of a plant vascular system. Salt and drought are the two major abiotic stresses affecting crop plant health, growth and development. We aim to understand salt and water transport in plants and the physiological effects of soil salinity. Using biophysical models, we will quantify the movement of salt through plant organs, tissues and cells, from root to leaf. We aim to answer the question of how salt moves across the different tissues and major organs, how salt accumulates in root, leaf and shoot cells, and how movement and accumulation is controlled by the diversity of transport mechanisms operating in plants. We aim to quantify tissue tolerance, osmotic tolerance and ionic tolerance and discover new mechanisms by which plants can stave off the effect of salt stress.Read moreRead less
New mathematics for lipids and cells: structured models for atherosclerosis. The project aims to create new mathematical theory for immune cell behaviour which leads to heart attacks and strokes. This includes formulation and analysis of new types of mathematical models for atherosclerotic plaque development, leading to the creation of new mathematical tools to investigate cell fate in plaques and to generate new hypotheses for experimental research. Expected outcomes of this project include po ....New mathematics for lipids and cells: structured models for atherosclerosis. The project aims to create new mathematical theory for immune cell behaviour which leads to heart attacks and strokes. This includes formulation and analysis of new types of mathematical models for atherosclerotic plaque development, leading to the creation of new mathematical tools to investigate cell fate in plaques and to generate new hypotheses for experimental research. Expected outcomes of this project include powerful and reliable mathematical models ready for application, and national and international collaborations with scientists and mathematicians. This should provide significant benefits including increased capacity to use mathematical models in vascular biology and training young researchers in interdisciplinary methods.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE130100031
Funder
Australian Research Council
Funding Amount
$333,684.00
Summary
Mathematical modelling of the complex mechanics of biological materials and their role in tissue function and development. The mechanics of biological materials is complicated because they consist of many components such as fibres, proteins and polymers. We aim to use mathematical tools to understand how these components interact in tissues such as the spinal disc which will aid the development of new treatments to reverse the effects of injury, disease or aging.
Optimal electromaterial structures for energy applications. This project aims to develop new mathematical and modelling approaches to determine optimal configurations and parameters for material structures created from three-dimensional printing of combined metals and electromaterials. Electromaterials are needed for sustainable energy, but solving coupled-systems of highly nonlinear governing equations is needed for optimal control of spatial arrangement and composition in nano and micro-struct ....Optimal electromaterial structures for energy applications. This project aims to develop new mathematical and modelling approaches to determine optimal configurations and parameters for material structures created from three-dimensional printing of combined metals and electromaterials. Electromaterials are needed for sustainable energy, but solving coupled-systems of highly nonlinear governing equations is needed for optimal control of spatial arrangement and composition in nano and micro-structural domains. Dealing with this mathematical complexity is critical to developing high efficiency energy generation and gas storage systems. This is expected to enhance transport mechanisms within electrochemical devices and create opportunities for industry to use electrofunctional materials.Read moreRead less
Saving energy on trains - demonstration, evaluation, integration. Reducing energy use from rail transport will significantly contribute to cutting carbon dioxide emissions. This project will develop a toolkit to facilitate the introduction of in-cab technologies that help train drivers save energy and stay on time. The toolkit will make it easier to demonstrate, evaluate and integrate the system in a range of railways.
A Novel Geometric Approach to Shocks in Reaction-Nonlinear Diffusion Models. Reaction-nonlinear diffusion models play a vital role in the study of cell migration and population dynamics. However, the presence of aggregation, or backward diffusion, leads to the formation of shock waves - distinct, sharp interfaces between different populations of densities of cells - and the breakdown of the model. This project will develop new geometric methods to explain the formation and temporal evolution of ....A Novel Geometric Approach to Shocks in Reaction-Nonlinear Diffusion Models. Reaction-nonlinear diffusion models play a vital role in the study of cell migration and population dynamics. However, the presence of aggregation, or backward diffusion, leads to the formation of shock waves - distinct, sharp interfaces between different populations of densities of cells - and the breakdown of the model. This project will develop new geometric methods to explain the formation and temporal evolution of these shock waves, while simultaneously unifying existing regularisation techniques under a single, geometric banner. It will devise innovative tools in singular perturbation theory and stability analysis that will identify key parameters in the creation of shock waves, as well as their dynamic behaviour.Read moreRead less