Physics of Risk: new tools to survey the Australian market and beyond. The lives of most Australians depend on the dynamics of financial markets that affects investments, savings, business, employment, growth, wealth and -ultimately- the daily functioning of our society. Understanding, monitoring and managing the dynamics of financial markets is of crucial importance to policy-makers, financial institutions and businesses that are increasingly faced with managing risk, planning strategies and ta ....Physics of Risk: new tools to survey the Australian market and beyond. The lives of most Australians depend on the dynamics of financial markets that affects investments, savings, business, employment, growth, wealth and -ultimately- the daily functioning of our society. Understanding, monitoring and managing the dynamics of financial markets is of crucial importance to policy-makers, financial institutions and businesses that are increasingly faced with managing risk, planning strategies and taking decisions in an increasingly complex market-place. The project is also of importance to the continued evolution of physics in this country contributing to the emergence of a strong new area of statistical physics concerned with the ?real world? in a manner hitherto unknown.Read moreRead less
The architecture of networks: Characterisation and visualisation of complex systems as fluctuating networks. Complex systems comprise many mutually interacting components, characterised by a range of different interactions over time and space. They are dynamical systems, whose features are reminiscent of a web, with fluctuating links of varying strengths. The natural paradigm for such systems is a generic network, or a graph. A suite of novel measures from statistical physics, graph theory, top ....The architecture of networks: Characterisation and visualisation of complex systems as fluctuating networks. Complex systems comprise many mutually interacting components, characterised by a range of different interactions over time and space. They are dynamical systems, whose features are reminiscent of a web, with fluctuating links of varying strengths. The natural paradigm for such systems is a generic network, or a graph. A suite of novel measures from statistical physics, graph theory, topology, geometry, and computer graphics will be developed to characterise system/graph growth and stability. The aim is two-fold: first to reduce real complex systems (mainly financial systems) to computationally manageable structures (including direct visualisation) and second to construct realistic models of the evolution of such systems.Read moreRead less
Statistical Mechanics of Classical Glasses. Glasses and ceramics can possess a combination of properties not available in other materials and thus they are of technological importance with rapidly developing applications. However a fundamental theoretical basis for describing these systems has been missing. The reason for this is that glasses are not in thermodynamic equilibrium, so the standard tools of equilibrium statistical mechanics cannot be rigorously applied . This project will make an i ....Statistical Mechanics of Classical Glasses. Glasses and ceramics can possess a combination of properties not available in other materials and thus they are of technological importance with rapidly developing applications. However a fundamental theoretical basis for describing these systems has been missing. The reason for this is that glasses are not in thermodynamic equilibrium, so the standard tools of equilibrium statistical mechanics cannot be rigorously applied . This project will make an important contribution towards building a strong local knowledge base by addressing the problem of understanding the glassy state. The knowledge base can then serve as a springboard for possible high tech applications in materials science and engineering.Read moreRead less
Ionic Dispersion Forces in Physical Chemistry: Implications for pH, Electrochemistry, Nanoparticle Formation and Organic Synthesis. Our current understanding of charged systems in solution is deeply flawed . Existing theories are not predictive, mainly because they concentrate entirely on electrostatics. This proposal aims to partially rectify this by including the effects of previously neglected dispersion forces in a number of problems. These forces are responsible for much of the behaviou ....Ionic Dispersion Forces in Physical Chemistry: Implications for pH, Electrochemistry, Nanoparticle Formation and Organic Synthesis. Our current understanding of charged systems in solution is deeply flawed . Existing theories are not predictive, mainly because they concentrate entirely on electrostatics. This proposal aims to partially rectify this by including the effects of previously neglected dispersion forces in a number of problems. These forces are responsible for much of the behaviour seen in the following systems: the theory of electrolytes; electrochemistry pH and buffers; self energy effects in organic chemistry; and zeolite and nano-particle synthesis. The main outcome will be accurate and predictive theories for these systems.Read moreRead less
Special Research Initiatives - Grant ID: SR0354716
Funder
Australian Research Council
Funding Amount
$10,000.00
Summary
Energetically Open Systems Research Network Study. Conceptual frameworks arising in the physical sciences, such as non-equilibrium statistical mechanics and thermodynamics, synergetics, chaos and dynamical systems theory, are seminal in the emerging science of complexity. This study will lay the groundwork for a network to link Australian and overseas research on these fundamental concepts, and their application within the context of entropy-producing systems vital to the long-term sustainabilit ....Energetically Open Systems Research Network Study. Conceptual frameworks arising in the physical sciences, such as non-equilibrium statistical mechanics and thermodynamics, synergetics, chaos and dynamical systems theory, are seminal in the emerging science of complexity. This study will lay the groundwork for a network to link Australian and overseas research on these fundamental concepts, and their application within the context of entropy-producing systems vital to the long-term sustainability of the earth - oceans, atmosphere, biosphere, CO2-free energy production, space and solar environment. The network would facilitate the development of young investigators and be linked into wider complex systems networks such as the CSIRO Centre for Complex Systems Science.Read moreRead less
Friction and capillary forces. Reducing friction forces is important for improving the performance of moving components in devices, and also useful for relieving people from pains at joints. In ambient conditions, confined liquids have a great influence on friction forces because an attractive force is induced by capillary condensation and adsorption between the surfaces. The correlation between capillary and friction forces will be clarified by force measurements with newly developed surface fo ....Friction and capillary forces. Reducing friction forces is important for improving the performance of moving components in devices, and also useful for relieving people from pains at joints. In ambient conditions, confined liquids have a great influence on friction forces because an attractive force is induced by capillary condensation and adsorption between the surfaces. The correlation between capillary and friction forces will be clarified by force measurements with newly developed surface force apparatuses in various conditions. Theoretical interpretation of influences of molecular layered liquids between the sliding surfaces on frictional behaviour will be also given based on thermodynamics.Read moreRead less
Modular Index Theory. This project capitilises on Australian advances in mathematics, particularly noncommutative geometry. It will maintain and extend Australia's prominence in this subject, providing excellent opportunities for young researchers via the research networks this project will establish. Being at the interface of ideas in mathematics and physics, there is potential for future technological spin offs for Australia.
Existence and Stability of a Model for Three-Dimensional Toroidal Plasma Equilibria. There is great physical interest in modelling strongly non-axisymmetric toroidal plasmas, but fundamental existence problems have made rigorous numerical analysis so far impossible. We seek to overcome this by investigating a class of idealized, but physically motivated, magnetohydrodynamic equilibria with stepped pressure profiles for which existence in the neighbourhood of axisymmetry has been proven. We will ....Existence and Stability of a Model for Three-Dimensional Toroidal Plasma Equilibria. There is great physical interest in modelling strongly non-axisymmetric toroidal plasmas, but fundamental existence problems have made rigorous numerical analysis so far impossible. We seek to overcome this by investigating a class of idealized, but physically motivated, magnetohydrodynamic equilibria with stepped pressure profiles for which existence in the neighbourhood of axisymmetry has been proven. We will (i) develop numerical techniques to extend these piece-wise Beltrami states far away from axisymmetry (ii) develop practical tests to determine when existence breaks down (iii) analyze the frequency spectrum of small oscillations about such equilibria (iv) extend the model to two-fluid MHD.Read moreRead less
Black Hole Accretion: The Effects of Magnetic Fields and Radiation. This project represents a significant contribution by Australian researchers to one of Science's Big Questions: How do Black Holes channel gravitational energy into radiation at many different energies and into high speed outflows. It offers Australian Astronomy an opportunity to expand its endeavours into the rapidly growing and high profile areas of high-energy and computational astrophysics, injecting new expertise into the i ....Black Hole Accretion: The Effects of Magnetic Fields and Radiation. This project represents a significant contribution by Australian researchers to one of Science's Big Questions: How do Black Holes channel gravitational energy into radiation at many different energies and into high speed outflows. It offers Australian Astronomy an opportunity to expand its endeavours into the rapidly growing and high profile areas of high-energy and computational astrophysics, injecting new expertise into the interpretation of multi-wavelength data on accreting black holes. We will train a new cohort of internationally competitive students and early career researchers, equipping them with the advanced computational and modelling skills that are in increasingly higher demand in many technology-based industries.Read moreRead less
Integrated Photonics for Secure Communication and Related Applications in Financial Transaction Data Analysis. The project includes excellent basic science, semiconductor device fabrication and applied mathematics with explicitly identified consequences for innovation. There is strong potential for national economic benefits through the manufacture of new integrated photonic devices, the application of these devices in secure communication systems, the research of advanced non-linear analysis pr ....Integrated Photonics for Secure Communication and Related Applications in Financial Transaction Data Analysis. The project includes excellent basic science, semiconductor device fabrication and applied mathematics with explicitly identified consequences for innovation. There is strong potential for national economic benefits through the manufacture of new integrated photonic devices, the application of these devices in secure communication systems, the research of advanced non-linear analysis protocols, and the implementation of these in financial transaction analysis. Professional development and research education of postgraduate students and early career researchers will be carried out in a multi-disciplinary research environment with ongoing uptake of the research in industry and commercial sectors.Read moreRead less