Can green investors drive the transition to a low emissions economy? The project aims to develop a game-theoretical approach to model the impact of climate change on financial markets by studying the interactions between the government, companies and investors. Expected outcomes include novel solution concepts for stochastic games with heterogeneous beliefs, asymmetric information, and model uncertainty, as well as optimal investment and production strategies under climate driven economic transi ....Can green investors drive the transition to a low emissions economy? The project aims to develop a game-theoretical approach to model the impact of climate change on financial markets by studying the interactions between the government, companies and investors. Expected outcomes include novel solution concepts for stochastic games with heterogeneous beliefs, asymmetric information, and model uncertainty, as well as optimal investment and production strategies under climate driven economic transitions. Results will be used to validate and improve the recently launched Australian based climate transition index. The project should yield significant benefits for the financial industry and investors by providing novel insights into financial risks during the transition to a low emissions economy.Read moreRead less
Random network models with applications in biology. Complex biological systems consist of a large number of interacting agents or components, and so can be studied using mathematical random network models. We aim to gain deeper insights into the laws emerging as the random networks evolve in time. This can help us to deal with dangerous disease epidemics and better understand the human brain.
Increasing the efficiency and interpretability of stepped wedge trials. Stepped wedge cluster randomised trials are increasingly being used to test interventions, across many disciplines. This project aims to develop highly efficient trial designs and new methods for the estimation of causally interpretable effects when adherence to interventions is not perfect. This project expects to generate new design types that reduce resources required to test interventions, and methods to understand how t ....Increasing the efficiency and interpretability of stepped wedge trials. Stepped wedge cluster randomised trials are increasingly being used to test interventions, across many disciplines. This project aims to develop highly efficient trial designs and new methods for the estimation of causally interpretable effects when adherence to interventions is not perfect. This project expects to generate new design types that reduce resources required to test interventions, and methods to understand how these interventions work. Expected outcomes include tools to help researchers develop cheaper and more appealing trials, tools to estimate causal effects, the methodology underpinning these tools, and new collaborations. This should provide significant benefits by allowing more interventions to be tested and understood.Read moreRead less
Self-Interacting Random Walks. This project aims to study the growth properties of a class of self-interacting processes defined on Euclidean lattices. This project expects to determine whether a shape theorem holds for once-reinforced random walks, and establish conditions for their recurrence/transience. It also expects to obtain new and very precise estimates for the local time of simple random walks. Expected outcomes of this project include solving long-standing open problems in the field o ....Self-Interacting Random Walks. This project aims to study the growth properties of a class of self-interacting processes defined on Euclidean lattices. This project expects to determine whether a shape theorem holds for once-reinforced random walks, and establish conditions for their recurrence/transience. It also expects to obtain new and very precise estimates for the local time of simple random walks. Expected outcomes of this project include solving long-standing open problems in the field of reinforced random walks, and the development of novel methods for their study. This should provide significant benefits not only to the field of mathematics, but also to the myriad of applied disciplines where self-interacting processes are utilised.Read moreRead less
The estimation of genotype-phenotype relationships from family data and of animal abundance from capture-recapture data with frequent capture occasions: A semiparametric approach. Semiparametric statistical methods allow researchers to only model those features of their data that are of interest, but still allow standard statistical inferences to be made about these features. The aim here is to develop non standard applications of semiparametric statistical methods in the estimation of genotype ....The estimation of genotype-phenotype relationships from family data and of animal abundance from capture-recapture data with frequent capture occasions: A semiparametric approach. Semiparametric statistical methods allow researchers to only model those features of their data that are of interest, but still allow standard statistical inferences to be made about these features. The aim here is to develop non standard applications of semiparametric statistical methods in the estimation of genotype-phenotype relationships from family data and the estimation of animal abundance from capture-recapture data. The methods will be applied to real data and their theoretical properties developed. The practical significance of the project is the flexible new statistical methods that will become available to researchers. The theoretical significance will be the insights into semiparametric methods gained by developing these nonstandard applications. The expected outcomes are the new statistical procedures and the resulting theoretical insights into semiparametric statistics.Read moreRead less
Mathematical studies on the statistical properties of complex systems. Introduced in the late `50's to model nuclear spectra, random matrices are now standard in the theory of quantum chaos, mesoscopic phenomena and disordered systems. These are all examples of physical complex systems, characterized by unknown interactions leading to predictable behaviour due to symmetries. Vast mathematical structures result from the symmetries - integrable systems, Painleve equations, Macdonald polynomial the ....Mathematical studies on the statistical properties of complex systems. Introduced in the late `50's to model nuclear spectra, random matrices are now standard in the theory of quantum chaos, mesoscopic phenomena and disordered systems. These are all examples of physical complex systems, characterized by unknown interactions leading to predictable behaviour due to symmetries. Vast mathematical structures result from the symmetries - integrable systems, Painleve equations, Macdonald polynomial theory to name a few. These structures will be further developed, leading to the analytic form of distribution functions quantifying classes of complex systems. Analogous statistical quantification is the essence of recently proposed methods to analyze artificial complex systems such as the stock market.Read moreRead less
Australian Laureate Fellowships - Grant ID: FL150100150
Funder
Australian Research Council
Funding Amount
$2,413,112.00
Summary
Bayesian learning for decision making in the big data era. Bayesian learning for decision making in the big data era: This fellowship project aims to develop new techniques in evidence-based learning and decision-making in the big data era. Big data has arrived, and with it a huge global demand for statistical knowledge and skills to analyse these data for improved learning and decision-making. This project will seek to address this need by creating a step-change in knowledge in Bayesian statist ....Bayesian learning for decision making in the big data era. Bayesian learning for decision making in the big data era: This fellowship project aims to develop new techniques in evidence-based learning and decision-making in the big data era. Big data has arrived, and with it a huge global demand for statistical knowledge and skills to analyse these data for improved learning and decision-making. This project will seek to address this need by creating a step-change in knowledge in Bayesian statistics and translating this knowledge to real-world challenges in industry, environment and health. The new big data statistical analysts trained through the project could also create much needed capacity at national and international levels.Read moreRead less
Inverse and related problems in statistics. Modern statistical inverse problems arise in fields from astronomy and biology to engineering and finance. Sometimes the problems involve the analysis of small samples of very high dimensional data, and are central to information aquisition in areas such as genomics and signal analysis. All these topics are of significant national importance, and their solution will bring national and community benefits. In addition, the program to which the proposa ....Inverse and related problems in statistics. Modern statistical inverse problems arise in fields from astronomy and biology to engineering and finance. Sometimes the problems involve the analysis of small samples of very high dimensional data, and are central to information aquisition in areas such as genomics and signal analysis. All these topics are of significant national importance, and their solution will bring national and community benefits. In addition, the program to which the proposal will lead will be used extensively for research training. In Australia, where the demand for research-trained statisticians greatly exceeds supply, this contribution to the nation and the community will be particularly important. Read moreRead less
Advanced matrix-analytic methods with applications. Over the last twenty-five years, matrix-analytic methods have proved to be very successful in formulating and analysing certain classes of stochastic models. Motivated by applications, this project will investigate more advanced matrix-analytic methods than have hitherto been studied.
New and computationally feasible methods of constructing efficient and exact confidence limits from count data. Biological and health science data is commonly in the form of counts. The statistical analysis of such data should be (a) efficient i.e. it should not, in effect, throw away valuable data, (b) exact i.e. it should have precisely known statistical properties and (c) computationally feasible. Kabaila and Lloyd (1997-2001) have proposed and analysed a radically new method of confidence li ....New and computationally feasible methods of constructing efficient and exact confidence limits from count data. Biological and health science data is commonly in the form of counts. The statistical analysis of such data should be (a) efficient i.e. it should not, in effect, throw away valuable data, (b) exact i.e. it should have precisely known statistical properties and (c) computationally feasible. Kabaila and Lloyd (1997-2001) have proposed and analysed a radically new method of confidence limit construction which, for the first time, possesses all of these requirements. The purpose of the project is to establish further theoretical support for the new method, to develop efficient computational algorithms and to write easy-to-use computer programs for its practical use.Read moreRead less