New approach to sensitivity assessment of complex simulation models for environmental management. The aims are (1) to develop new techniques that improve and extend the capabilities of sensitivity analysis of large and complex computer models for environmental management; and (2) with the industry partners, to test these techniques on models for salinity management in the Murray-Darling Basin. The project's significance is in providing new techniques able to answer a range of model users? questi ....New approach to sensitivity assessment of complex simulation models for environmental management. The aims are (1) to develop new techniques that improve and extend the capabilities of sensitivity analysis of large and complex computer models for environmental management; and (2) with the industry partners, to test these techniques on models for salinity management in the Murray-Darling Basin. The project's significance is in providing new techniques able to answer a range of model users? questions at acceptable computational cost, for complex models with outputs measured in a wide variety of ways. The outcomes will be new sensitivity assessment tools and experience of their use in an environmental application of great importance to Australia.Read moreRead less
Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to se ....Analysis of Possible Rules for Interstate Water Trading by the Australian Capital Territory. Rules will be studied and modelled for allowing ACT water trading with other states, within an agreed abstraction cap. The aim is to find administrative, constraining and price-setting rules that maximise the economic gain of trading to Australia, bearing in mind environmental constraints, infrastructure costs, transaction costs, and equity. Innovative challenges for the rules will be allowing ACT to sell water now but buy it back later, thus providing for long term population growth; and handling the differences between ACT's spare storage capacity and urban uses, and the downstream irrigation uses with which trade is most likely.Read moreRead less