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Dynamic risk measures. Exposure to risk is a pervasive problem. The results will be of importance for financial institutions when they estimate their exposure to risk. Other applications will be to determine the level of risk from a terrorist attack or regional instability. Companies wish to allocate resources to minimize their exposure to adverse events.
Linear programming approach to nonlinear deterministic and stochastic control problems: perturbations methods and numerical analysis. The proposed research will significantly advance knowledge by creating new analytical and numerical methods for tackling complex nonlinear control problems arising in many applications. The study's outputs will lead to a deeper understanding of fundamental issues in mathematical modelling. Collaboration with renowned researchers will further improve Australia's st ....Linear programming approach to nonlinear deterministic and stochastic control problems: perturbations methods and numerical analysis. The proposed research will significantly advance knowledge by creating new analytical and numerical methods for tackling complex nonlinear control problems arising in many applications. The study's outputs will lead to a deeper understanding of fundamental issues in mathematical modelling. Collaboration with renowned researchers will further improve Australia's standing in the international research community. Also their visits may further promote research both within and outside the host institution. In particular, lectures and seminars that they will deliver will be transmitted to Australian universities participating in the Access Grid Room Project.Read moreRead less