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Field of Research : Statistics
Research Topic : Probability Theory
Field of Research : Optimisation
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  • Funded Activity

    Discovery Projects - Grant ID: DP0559399

    Funder
    Australian Research Council
    Funding Amount
    $253,000.00
    Summary
    Mathematical models for water management systems. The Australian community is currently talking about schemes to return water to the Murray-Darling river system to combat increased salinity and dramatically reduced river flow. Many believe that vastly improved water management policies are essential to maintain agricultural well-being in Australia. Salinity and water quality depend directly on flow rates and are also important in smaller catchments. In this study we will use statistical rainf .... Mathematical models for water management systems. The Australian community is currently talking about schemes to return water to the Murray-Darling river system to combat increased salinity and dramatically reduced river flow. Many believe that vastly improved water management policies are essential to maintain agricultural well-being in Australia. Salinity and water quality depend directly on flow rates and are also important in smaller catchments. In this study we will use statistical rainfall models and stochastic dynamic programming to find practical water management policies that minimise the risk to water supply. We will develop an interactive simulation and management tool using a modern computer graphics package.
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    Funded Activity

    Linkage Projects - Grant ID: LP0562427

    Funder
    Australian Research Council
    Funding Amount
    $72,444.00
    Summary
    A graphical simulation package for optimal management and risk assessment in urban stormwater harvesting systems. We will develop a Scalar Vector Graphics (SVG) simulation tool for optimal management and risk assessment in urban stormwater harvesting and utilisation schemes. The generic model will be applied to existing and proposed schemes within the City of Salisbury (CoS) and will include a capture dam, one or more storage dams and an aquifer storage and recovery (ASR) facility. The discret .... A graphical simulation package for optimal management and risk assessment in urban stormwater harvesting systems. We will develop a Scalar Vector Graphics (SVG) simulation tool for optimal management and risk assessment in urban stormwater harvesting and utilisation schemes. The generic model will be applied to existing and proposed schemes within the City of Salisbury (CoS) and will include a capture dam, one or more storage dams and an aquifer storage and recovery (ASR) facility. The discrete state vector will be the content of each storage unit and the daily transition will be driven by a new stochastic rainfall model (SRM). The objective will be to find a practical management policy that minimises Conditional Value-at-Risk (CVaR).
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    Funded Activity

    Discovery Projects - Grant ID: DP0984470

    Funder
    Australian Research Council
    Funding Amount
    $262,000.00
    Summary
    Graph isomorphism and quantisation of longest cycles by means of determinants and spectra. A characterisation of the difficulty of the Hamiltonian cycle problem and the graphs isomorphism problem will be a significant conceptual advancement with repercussions in a number of fields including combinatorial optimisation and theoretical computer science, in particular, the Google PageRank. Applications of tensor networks technique will lead to a design of a quantum computer that enumerates all Hamil .... Graph isomorphism and quantisation of longest cycles by means of determinants and spectra. A characterisation of the difficulty of the Hamiltonian cycle problem and the graphs isomorphism problem will be a significant conceptual advancement with repercussions in a number of fields including combinatorial optimisation and theoretical computer science, in particular, the Google PageRank. Applications of tensor networks technique will lead to a design of a quantum computer that enumerates all Hamiltonian cycles in a graph. Analysis of the determinant objective function in terms of the eigenvalues may lead to new spectral properties of stochastic matrices. Algorithmic advances exploiting such a characterisation will significantly contribute to existing technologies for solving problems in a wide range of applications.
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    Funded Activity

    Discovery Projects - Grant ID: DP160103489

    Funder
    Australian Research Council
    Funding Amount
    $343,700.00
    Summary
    Frontiers in inference about risk. The project aims to develop new methods for robust risk evaluation and minimisation under various constraints and scenarios. Risk evaluation, estimation and prediction using past data is a central activity in diverse areas such as finance, insurance, superannuation and environmental regulation. The project aims to propose and solve innovatively robust risk optimisation problems under constraints, taking into account the time dynamics. Applications include risk .... Frontiers in inference about risk. The project aims to develop new methods for robust risk evaluation and minimisation under various constraints and scenarios. Risk evaluation, estimation and prediction using past data is a central activity in diverse areas such as finance, insurance, superannuation and environmental regulation. The project aims to propose and solve innovatively robust risk optimisation problems under constraints, taking into account the time dynamics. Applications include risk management around natural catastrophes and long-term asset investment of pension funds. The solutions and outcomes are expected to deliver optimal resource allocation proposals and better management of risk exposure in practice.
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    Showing 1-4 of 4 Funded Activites

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