Stochastic Analysis with a View to Applications in Financial Risk Processes. Recent decades have seen explosive growth in applications of probability theory and statistics to the modelling of risk in finance and insurance. An intensive theoretical investigation into passage time and other problems for Levy and other continuous time processes will be applied to financial risk analyses. Related investigations will involve perpetuities and stochastic volatility models for price series. Outcomes ....Stochastic Analysis with a View to Applications in Financial Risk Processes. Recent decades have seen explosive growth in applications of probability theory and statistics to the modelling of risk in finance and insurance. An intensive theoretical investigation into passage time and other problems for Levy and other continuous time processes will be applied to financial risk analyses. Related investigations will involve perpetuities and stochastic volatility models for price series. Outcomes will include the development of new theory in probability and statistics, the initiation and reinforcement of collaborative ties with major international research figures, and the fostering of contacts with the finance industry.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0346878
Funder
Australian Research Council
Funding Amount
$190,000.00
Summary
GeoWulf: An Inference Engine for Complex Earth Systems. The project is to build a `Beowulf' cluster as a platform for solving
complex data inference problems in the Earth sciences, and in
particular the fields of thermochronology, seismology, crustal and
mantle dynamics, and landform evolution. A Beowulf cluster is a
network-linked set of commonly available `off-the-shelf' PC-computers
configured to give unprecedented performance/cost ratio. Projects
using the Beowulf facility will combine ....GeoWulf: An Inference Engine for Complex Earth Systems. The project is to build a `Beowulf' cluster as a platform for solving
complex data inference problems in the Earth sciences, and in
particular the fields of thermochronology, seismology, crustal and
mantle dynamics, and landform evolution. A Beowulf cluster is a
network-linked set of commonly available `off-the-shelf' PC-computers
configured to give unprecedented performance/cost ratio. Projects
using the Beowulf facility will combine state-of-the-art computational
techniques recently developed at ANU, and high quality data sets
collected over the past decade to address fundamental questions in
the Geosciences.Read moreRead less
Dynamic CFD Simulations and Scale-Up of Three-Phase Slurry Reactors for Gas-to-Liquid (GTL) Technology. The gas-liquid-solid flow patterns in three-phase slurry bubble column reactors will be studied using experiments and CFD. The effect of various reactor parameters will be studied to develop the scale-up heuristic for the slurry bubble column reactor. The Findings of this study will be used to optimise the reactor system for the offshore natural gas locations of Australia. A successful impleme ....Dynamic CFD Simulations and Scale-Up of Three-Phase Slurry Reactors for Gas-to-Liquid (GTL) Technology. The gas-liquid-solid flow patterns in three-phase slurry bubble column reactors will be studied using experiments and CFD. The effect of various reactor parameters will be studied to develop the scale-up heuristic for the slurry bubble column reactor. The Findings of this study will be used to optimise the reactor system for the offshore natural gas locations of Australia. A successful implementation of this project will bring a huge economic benefit to Australia by utilising the vast amount of remotely located and otherwise unusable stranded natural gas reserves. The project falls within one of National Research Priorities: An Environmentally Sustainable Australia.Read moreRead less
The stability of unsteady fluid flows in channels and pipes. The main benefit from this project will be a better theoretical understanding of the stability properties of unsteady fluid flows. The theoretical results obtained would help guide future experimental
investigations into the paths to turbulence in unsteady flows and would be a basis for future research in the increasingly important area of flow stability control. The project will also provide advanced training and skills transfer in a ....The stability of unsteady fluid flows in channels and pipes. The main benefit from this project will be a better theoretical understanding of the stability properties of unsteady fluid flows. The theoretical results obtained would help guide future experimental
investigations into the paths to turbulence in unsteady flows and would be a basis for future research in the increasingly important area of flow stability control. The project will also provide advanced training and skills transfer in an important area of fluid mechanics research.
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Special Research Initiatives - Grant ID: SR0354727
Funder
Australian Research Council
Funding Amount
$20,000.00
Summary
Mathematics for Government, Industry and Community -- The *Magic* Network. The *Magic* network will promote the use of mathematics by government, industry and community to analyse real problems and implement practical solutions. It will connect the most promising young Australian mathematicians to experienced researchers with strong research teams linked directly to the broader community. Our program will demand research excellence, emphasise a sustainable society, support outstanding young mat ....Mathematics for Government, Industry and Community -- The *Magic* Network. The *Magic* network will promote the use of mathematics by government, industry and community to analyse real problems and implement practical solutions. It will connect the most promising young Australian mathematicians to experienced researchers with strong research teams linked directly to the broader community. Our program will demand research excellence, emphasise a sustainable society, support outstanding young mathematicians and create opportunities for promising postgraduate students. We will offer scholarships for professional development and fund research visits and exchanges. *Magic* will provide tangible incentives for young Australian mathematicians and a new generation of researchers and research leaders.Read moreRead less
ARC Complex Open Systems Research Network. Complexity is the common frontier in the physical, biological and social sciences. This Network will link specialists in all three sciences through five generic conceptual and mathematical theme activities. It will promote research into how subsystems self-organise into new emergent structures when assembled into an open, non-equilibrium system. Outcomes will include new technologies and software tools and deeper understanding of fundamental questions i ....ARC Complex Open Systems Research Network. Complexity is the common frontier in the physical, biological and social sciences. This Network will link specialists in all three sciences through five generic conceptual and mathematical theme activities. It will promote research into how subsystems self-organise into new emergent structures when assembled into an open, non-equilibrium system. Outcomes will include new technologies and software tools and deeper understanding of fundamental questions in science. An essential function of the network will be introducing researchers end users to new tools and broadening the horizons of graduate students.Read moreRead less
Efficient Computational Methods for Constrained Path Problems. We consider a class of path design problems which arise when an object needs to traverse between two points through a specified region. The region may be a continuous space or the path may be restricted to the edges of a network. The path must optimise a prescribed criterion such
as risk, reliability or cost and satisfy a number of constraints.
Problems of this type readily arise in the defence, transport and
communication i ....Efficient Computational Methods for Constrained Path Problems. We consider a class of path design problems which arise when an object needs to traverse between two points through a specified region. The region may be a continuous space or the path may be restricted to the edges of a network. The path must optimise a prescribed criterion such
as risk, reliability or cost and satisfy a number of constraints.
Problems of this type readily arise in the defence, transport and
communication industries. In addition to efficient solution methods
for these problems the project will produce computational tools for
a wide range of related network routing problems.Read moreRead less
Robust Reformulation Methods. Many decision problems in engineering, business and economics are modeled as nonlinear continuous optimization problems. Often these are made difficult by the existence of constraints. In this project, we reformulate such problems as constrained nonsmooth equations, rather than optimization problems, and develop generalized Newton and quasi-Newton methods for solving them. The expected outcomes of this project include a systematic theory of reformulation methods, ....Robust Reformulation Methods. Many decision problems in engineering, business and economics are modeled as nonlinear continuous optimization problems. Often these are made difficult by the existence of constraints. In this project, we reformulate such problems as constrained nonsmooth equations, rather than optimization problems, and develop generalized Newton and quasi-Newton methods for solving them. The expected outcomes of this project include a systematic theory of reformulation methods, and robust and efficient algorithms for solving some important nonlinear continuous optimization problems. There is high potential for applications in engineering, business and finance.Read moreRead less
Groups: statistics, structure, and algorithms. Science today relies on digital technologies using quantised and digital information. Because of the discrete nature of digital information, much of the mathematics underpinning these advances comes from the core disciplines of algebra and combinatorics within which this proposal falls. All aspects of the proposal focus on strengthening theoretical understanding of algebraic and combinatorial structures, and increasing computational power for workin ....Groups: statistics, structure, and algorithms. Science today relies on digital technologies using quantised and digital information. Because of the discrete nature of digital information, much of the mathematics underpinning these advances comes from the core disciplines of algebra and combinatorics within which this proposal falls. All aspects of the proposal focus on strengthening theoretical understanding of algebraic and combinatorial structures, and increasing computational power for working with them. The fundamental research outcomes, in terms of theorems, algorithms, and the training of young research mathematicians, will thus both enhance the high international standing of Australian mathematics, and strengthen Australia's capabilities in these important areas.Read moreRead less
Factorisation of Finite Groups and Graphs. The combinatorial structure of a graph is strongly influenced by its
symmetry, and the symmetry is described precisely by its group of
automorphisms. Interplay between actions of the automorphism group on
vertices, edges, and other configurations, reveals important graph
structure, especially the existence of graph factorisations. In turn, a group factorisation arises whenever a group has two
independent transitive actions, and these arise in parti ....Factorisation of Finite Groups and Graphs. The combinatorial structure of a graph is strongly influenced by its
symmetry, and the symmetry is described precisely by its group of
automorphisms. Interplay between actions of the automorphism group on
vertices, edges, and other configurations, reveals important graph
structure, especially the existence of graph factorisations. In turn, a group factorisation arises whenever a group has two
independent transitive actions, and these arise in particular while
determining graph automorphism groups, and graph factorisations. We will classify families of group factorisations, especially for simple groups, and apply this to establish a theory of symmetrical graph
factorisations, and to study Cayley graphs and 2-closures of permutation groups.
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