Developing a robust model for pricing inter-related volatility-based financial derivative contracts. Volatility-based financial contracts were developed in the late 1990s to provide an easy way for investors to gain exposure to the future level of volatility and thus provide a means by which they could speculate on its future levels and also hedge unpredictable volatility risk. This would potentially save them from losing vast quantities of money. However these products can only be efficient pr ....Developing a robust model for pricing inter-related volatility-based financial derivative contracts. Volatility-based financial contracts were developed in the late 1990s to provide an easy way for investors to gain exposure to the future level of volatility and thus provide a means by which they could speculate on its future levels and also hedge unpredictable volatility risk. This would potentially save them from losing vast quantities of money. However these products can only be efficient products for trading and risk management if they are priced correctly. This project will benefit investors by providing empirically viable models that will be able to be easily implemented to provide accurate and fast pricing solutions.Read moreRead less
Beyond Speech: Towards better communication for children with hearing loss. Despite the benefits of early newborn hearing screening and early intervention programs for children with hearing loss, most still experience academic and social challenges at school. This is partly due to ongoing listening effort, leading to communicative breakdown. This project aims to identify the locus of the communicative challenges these children face during daily discourse interactions. The outcomes will identify ....Beyond Speech: Towards better communication for children with hearing loss. Despite the benefits of early newborn hearing screening and early intervention programs for children with hearing loss, most still experience academic and social challenges at school. This is partly due to ongoing listening effort, leading to communicative breakdown. This project aims to identify the locus of the communicative challenges these children face during daily discourse interactions. The outcomes will identify which levels of language are most compromised and will inform future interventions to reduce children’s listening effort. This will be undertaken by bringing together researchers in basic science with hearing service providers, parents and industry, providing an innovative model for solving multidisciplinary challenges.Read moreRead less
Physiologically accurate audio processing in cochlear implants. This project proposes to use a physiologically motivated computational model of the cochlea, which along with newly developed cochlear-implant electrode technology will produce the next quantum improvement in speech intelligibility and quality of hearing for implant recipients.
An MEG (brain imaging) system to study cognitive processing in children. This project introduces the world's first brain imaging system to study cognitive processing in children, using magnetoencephalography (MEG). MEG offers precise measurement of brain activities using a non-invasive, non-contact method. MEG is an ideal brain imaging device for use with children and with special clinical populations. It promises to be valuable (a) for the identification of cortical functions of the human brain ....An MEG (brain imaging) system to study cognitive processing in children. This project introduces the world's first brain imaging system to study cognitive processing in children, using magnetoencephalography (MEG). MEG offers precise measurement of brain activities using a non-invasive, non-contact method. MEG is an ideal brain imaging device for use with children and with special clinical populations. It promises to be valuable (a) for the identification of cortical functions of the human brain prior to surgery, (b) for the diagnosis of loci for developmental and acquired brain disorders, (c) in determining pharmaceutical effects on children, and (d) in the assessment of recovery of sensory and cognitive functions following brain injury. Read moreRead less
Optimal Training Methods for Lexical Tone Perception by Children with Cochlear Implants: Application of Experimental Psychology Techniques. Cochlear implants (CIs) stimulate the auditory nerve via electrodes in the cochlear to provide auditory information to people who would otherwise be functionally deaf. Cochlear site stimulation is at a constant rate so, despite the genius of the CI, it cannot convey pitch information effectively. Such information is essential for perceiving and speaking ton ....Optimal Training Methods for Lexical Tone Perception by Children with Cochlear Implants: Application of Experimental Psychology Techniques. Cochlear implants (CIs) stimulate the auditory nerve via electrodes in the cochlear to provide auditory information to people who would otherwise be functionally deaf. Cochlear site stimulation is at a constant rate so, despite the genius of the CI, it cannot convey pitch information effectively. Such information is essential for perceiving and speaking tone languages, in which word meaning depends on consonants, vowels, and tones (conveyed mainly by pitch). A training method to improve tone perception will be developed with non-tone language non-CI through to tone language CI children drawing on experimental psychology methods, auditory and visual (lip & face) speech information, exaggerated tone cues, and metalinguistic instruction.Read moreRead less
Learning to Talk, Talking to Learn: Effects of an early childhood language program in remote Northern Territory indigenous communities. Both the quality and quantity of language children hear, and adult understandings of child development, drive children's future outcomes. Understanding how to improve both is critical to the lifelong education, employment and social potential of children from low socioeconomic families, especially with hearing loss. This project aims to examine to what extent a ....Learning to Talk, Talking to Learn: Effects of an early childhood language program in remote Northern Territory indigenous communities. Both the quality and quantity of language children hear, and adult understandings of child development, drive children's future outcomes. Understanding how to improve both is critical to the lifelong education, employment and social potential of children from low socioeconomic families, especially with hearing loss. This project aims to examine to what extent a parent-implemented early childhood language program designed to buffer against effects of childhood otitis media can support indigenous children in remote northern Australia. Outcomes aim to be data on effects on children's language, attention, and school readiness, plus uptake of strategies and knowledge by parents and other adults, and evidence regarding best practice in such contexts.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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Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater pre ....Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater precision. The techniques developed in this project will facilitate the understanding and communication of monetary policy within the central banks concerned, and enhance communication of monetary policy strategy to the public.Read moreRead less
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
Cognitive Modelling of Computer Games Pidgins. This project develops a pidgin language for use in computer games and models the way human users exploit such languages. It has implications also for computer assisted collaborative work and other educational or entertainment interactive environments like computer games. By developing mini-languages for games environments we can dramatically simplify the speech recognition problem and make recognition robust across different speech cultures and ba ....Cognitive Modelling of Computer Games Pidgins. This project develops a pidgin language for use in computer games and models the way human users exploit such languages. It has implications also for computer assisted collaborative work and other educational or entertainment interactive environments like computer games. By developing mini-languages for games environments we can dramatically simplify the speech recognition problem and make recognition robust across different speech cultures and backgrounds. We use protocol analysis and markup techniques for modelling dialogues between human player and reactive agents in computer games.Read moreRead less