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Problems of identification and inference for 'non-standard' models in complex systems with special reference to finance and teletraffic. The project is concerned with 'non-standard' models needed to deal with complex systems, such as those exhibiting scaling and fractal properties. There is a focus on methods for dealing with heavy tailed distributions and long range dependent observations, for which most standard statistical methods break down, and on applications in finance and telecommunicati ....Problems of identification and inference for 'non-standard' models in complex systems with special reference to finance and teletraffic. The project is concerned with 'non-standard' models needed to deal with complex systems, such as those exhibiting scaling and fractal properties. There is a focus on methods for dealing with heavy tailed distributions and long range dependent observations, for which most standard statistical methods break down, and on applications in finance and telecommunications. An important part of the project concerns model validation for Heyde's fractal activity time geometric Brownian motion model, a candidate minimal description risky asset model to replace the geometric Brownian motion paradigm.Read moreRead less
Investigations of the Integrity of the Australian Height Datum. The Australian Height Datum (AHD) forms the fundamental framework for all vertical spatial information in Australia. It supports a wide range of applications in areas such as geodesy, surveying, mapping, telecommunications, resource exploration and environmental science. This medium-term research programme will investigate the many issues surrounding the integrity of the AHD, and will rigorously redefine, correct and unify it with ....Investigations of the Integrity of the Australian Height Datum. The Australian Height Datum (AHD) forms the fundamental framework for all vertical spatial information in Australia. It supports a wide range of applications in areas such as geodesy, surveying, mapping, telecommunications, resource exploration and environmental science. This medium-term research programme will investigate the many issues surrounding the integrity of the AHD, and will rigorously redefine, correct and unify it within a global vertical framework. This will provide improved height information to the numerous users of the AHD in Australia, and allow Australia to contribute more fully to the global spatial data infrastructure.Read moreRead less