Optimal Control Computation and Analysis of Switched Systems with State and Control Constraints. DC/DC converters are widely used in power supply systems and hybrid power systems generate cleaner energy. Achieving optimum performance in these applications has high commercial and environmental impacts. New optimal control problems for such practical problems will be formulated and new unified optimization theory and methods for these optimal control problems will be obtained. The outcomes will en ....Optimal Control Computation and Analysis of Switched Systems with State and Control Constraints. DC/DC converters are widely used in power supply systems and hybrid power systems generate cleaner energy. Achieving optimum performance in these applications has high commercial and environmental impacts. New optimal control problems for such practical problems will be formulated and new unified optimization theory and methods for these optimal control problems will be obtained. The outcomes will enhance Australia's reputation in this cutting edge research, and contribute to achieving optimal performance of high commercial and environmental value applications. It will also facilitate international collaboration, and provide an excellent opportunity for research training.Read moreRead less
A Marine Cadastre for Australia - Addressing Key Scientific and Policy Issues. A marine cadastre provides a means for delineating, managing and administering legally definable offshore boundaries. Marine cadastre research was initiated in Australia under a previous ARC grant which aimed at defining issues affecting the development of an Australian marine cadastre. The current project focuses on four such issues :
(1) Resolving ambiguities in the definition of the tidal interface
(2) Issues ....A Marine Cadastre for Australia - Addressing Key Scientific and Policy Issues. A marine cadastre provides a means for delineating, managing and administering legally definable offshore boundaries. Marine cadastre research was initiated in Australia under a previous ARC grant which aimed at defining issues affecting the development of an Australian marine cadastre. The current project focuses on four such issues :
(1) Resolving ambiguities in the definition of the tidal interface
(2) Issues in the use of natural rather than geometric boundaries to define jurisdictional limits
(3) Expanding the Australian Spatial Data Infrastructure to support a marine cadastre
(4) Legal and security issues intrinsic to the development of a marine cadastre.Read moreRead less
Acts of electronic negotiation: Overcoming communication barriers to transdisciplinary innovation in design. Improved collaboration between the diverse contributors to design in the construction industry is urgently needed to reduce waste, streamline production and improve performance. It is also a key to better and more advanced design. The quality of human to human interaction in computer mediated environments is critical to the occurrence of innovation between design disciplines. This project ....Acts of electronic negotiation: Overcoming communication barriers to transdisciplinary innovation in design. Improved collaboration between the diverse contributors to design in the construction industry is urgently needed to reduce waste, streamline production and improve performance. It is also a key to better and more advanced design. The quality of human to human interaction in computer mediated environments is critical to the occurrence of innovation between design disciplines. This project will create a pool of highly qualified personnel in this area in Australia, including participating designers introduced to novel empowering approaches to network communication. It will develop and apply knowledge from other disciplines to developing tools for the design community. Read moreRead less
Investment Approaches and Applications in Financial Markets: Evolutionary Kernel Based Subset Time-Series Using Semi-Parametric Approaches. The project will develop new investment assessments based on subset time-series modeling. Innovative evolutionary kernel smoothing algorithms using semi-parametric approaches will be introduced. The project will make three important applications of this modeling in financial markets: a) benchmarking and evaluation of inflation-indexed bonds; b) evaluation of ....Investment Approaches and Applications in Financial Markets: Evolutionary Kernel Based Subset Time-Series Using Semi-Parametric Approaches. The project will develop new investment assessments based on subset time-series modeling. Innovative evolutionary kernel smoothing algorithms using semi-parametric approaches will be introduced. The project will make three important applications of this modeling in financial markets: a) benchmarking and evaluation of inflation-indexed bonds; b) evaluation of the performance of global diversified investment funds; and c) prediction to provide early warning of the emergence of destabilising deflation or inflation. These three applications will lead to improved risk management practices and investment performance. Recursive algorithms will provide new statistical methods to study investment asset price movements and market volatility.
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The improvement of climate change investigations by developing and applying innovative evolutionary subset time series modelling using semi-parametric sparse-patterned approaches. With an estimated US$6.98 trillion loss indicated in the Stern review, severe climate change will make world climate conditions harsher and more likely include large natural climate disasters. The health of the Australian economy is critically dependent on decisions of environmental managers. However, most problems of ....The improvement of climate change investigations by developing and applying innovative evolutionary subset time series modelling using semi-parametric sparse-patterned approaches. With an estimated US$6.98 trillion loss indicated in the Stern review, severe climate change will make world climate conditions harsher and more likely include large natural climate disasters. The health of the Australian economy is critically dependent on decisions of environmental managers. However, most problems of complexity arising in climate change involve issues on which we do not possess a deep understanding. This project draws upon a set of inter-disciplinary concepts and models centred in neural networks that enable us to advance our understanding of complexity, leading to superior quantitative tools and models to allow for improved environmental decision-making.
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Investment approaches and opportunities in renewable energy and financial resource markets, using semi-parametric approaches to evolutionary subset time-series lattice-ladder modelling. The project findings will help Australian exporters and importers understand and manage energy and resource price risks more effectively. The investment community will benefit through selecting optimal asset allocations and enhancing value to investors. It will also benefit many other agencies, particularly in th ....Investment approaches and opportunities in renewable energy and financial resource markets, using semi-parametric approaches to evolutionary subset time-series lattice-ladder modelling. The project findings will help Australian exporters and importers understand and manage energy and resource price risks more effectively. The investment community will benefit through selecting optimal asset allocations and enhancing value to investors. It will also benefit many other agencies, particularly in the service industries. It is not well recognised that in developed countries, including Australia, the financial service and related sectors account for more than 60 percent of economic activity and employment, so it is critical that more sophisticated statistical methods be established, and practical applications conducted, in order to advance the understanding of complexity management in the financial service and related sectors.Read moreRead less
The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormou ....The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormous. Any developed or developing country will profit from such advanced decision-making approaches. Therefore it is critical that more sophisticated statistical methods be established, and practical applications conducted, in order to advance the understanding of complexity management in the financial investment and other relevant sectors.Read moreRead less
The Mathematical and Philosophical Foundations of Probability. We find probability wherever we find uncertainty: virtually everywhere in our lives. Probability is essential to almost every technology. High-stakes decisions are routinely made on the basis of probability judgments and risk assessment-for example, in engineering, medicine, agriculture, environmental management, urban planning, public policy, public health, the law, and in our national defence. And some of those decisions have been ....The Mathematical and Philosophical Foundations of Probability. We find probability wherever we find uncertainty: virtually everywhere in our lives. Probability is essential to almost every technology. High-stakes decisions are routinely made on the basis of probability judgments and risk assessment-for example, in engineering, medicine, agriculture, environmental management, urban planning, public policy, public health, the law, and in our national defence. And some of those decisions have been made badly because of poor probability estimates-witness the 1986 space shuttle disaster. Our current methodologies for using probability are inadequate. This project will make an important contribution to the collective enterprise of enhancing our understanding of probability and its myriad applications.Read moreRead less
Reasons and Rationality. The project explains how we assess the truth and falsehood of everyday claims about what people have reason to do. It also explains what legitimizes our practice of praising and blaming people for their success and failure at doing what we think they have reason to do. In so doing it provides a foundation for both our ordinary practice of holding people responsible, and for the more institutionalised counterpart of this ordinary practice in the law.
The scientific ape: the evolution of the animal fable after Darwin. This project will contribute to national and international debates over the understanding of human nature, the human propensity for violence towards other beings and the possibility of mutually supportive relations with our natural environment. By demonstrating literature's capacity to intervene meaningfully into conceptual debates about the literary representation of animals, it will enhance Australia's international scholarly ....The scientific ape: the evolution of the animal fable after Darwin. This project will contribute to national and international debates over the understanding of human nature, the human propensity for violence towards other beings and the possibility of mutually supportive relations with our natural environment. By demonstrating literature's capacity to intervene meaningfully into conceptual debates about the literary representation of animals, it will enhance Australia's international scholarly profile in the emerging field of animal studies. It will also contribute to the international renown of Australian scholarship in traditional literary studies by producing the first theoretically informed reassessment of the literary genre of the fable.Read moreRead less