Robust Optimal Asset Liability Management via Stochastic Control Theory. The Australian federal and state governments are strongly exposed to the Australian and international investment markets, either directly or through entities such as the Future Fund, state-owned insurers and superannuation schemes. Additionally, the investment pool represented by individual Australian's superannuation savings managed by non-government organisations is significant. Robust and effective management of these ....Robust Optimal Asset Liability Management via Stochastic Control Theory. The Australian federal and state governments are strongly exposed to the Australian and international investment markets, either directly or through entities such as the Future Fund, state-owned insurers and superannuation schemes. Additionally, the investment pool represented by individual Australian's superannuation savings managed by non-government organisations is significant. Robust and effective management of these assets in order to meet future liabilities of these funds are essential to a stable Australian economy. This research has the potential to be a key component of reliable investment management, helping make Australia an important investment hub.Read moreRead less
Control of Markov jumping processes with constraints. The project outcomes will constitute the set of tools for modelling and optimisation of complex stochastic systems and will lead to new and more precise characterisations of optimal behaviour of complex controllable systems arising in Resource Management, Engineering and Telecommunications. Therefore, the project fits to the research priority areas Breakthrough Science and Frontier Technologies in the topic of mathematical modelling and optim ....Control of Markov jumping processes with constraints. The project outcomes will constitute the set of tools for modelling and optimisation of complex stochastic systems and will lead to new and more precise characterisations of optimal behaviour of complex controllable systems arising in Resource Management, Engineering and Telecommunications. Therefore, the project fits to the research priority areas Breakthrough Science and Frontier Technologies in the topic of mathematical modelling and optimisation of Complex Systems.Read moreRead less
Stability of Generalised Equations and Variational Systems. This project seeks to advance a new mathematical theory of variational analysis which may lead to applications in optimisation. The emphasis will be on extensions of regularity concepts appropriate for studying stability (the ‘radius of good behaviour’) of solutions to optimisation problems, particularly those of semi-infinite optimisation and programs with equilibrium constraints, when standard assumptions are not satisfied. The expect ....Stability of Generalised Equations and Variational Systems. This project seeks to advance a new mathematical theory of variational analysis which may lead to applications in optimisation. The emphasis will be on extensions of regularity concepts appropriate for studying stability (the ‘radius of good behaviour’) of solutions to optimisation problems, particularly those of semi-infinite optimisation and programs with equilibrium constraints, when standard assumptions are not satisfied. The expected outcomes may have an impact in enhancing the convergence of numerical methods and facilitating the post-optimal analysis of solutions. It may also generate new tools for increasing efficiencies and cost reductions in engineering, logistics, economics, financial systems, and environmental science.Read moreRead less
Structured barrier and penalty functions in infinite dimensional optimisation and analysis. Very large scale tightly-constrained optimisation problems are ubiquitous and include water management, traffic flow, and imaging at telescopes and hospitals. Massively parallel computers can solve such problems and provide physically realisable solution only if subtle design issues are mastered. Resolving such issues is the goal of this project.
Constrained and Stable Solutions of Nonlinear and Semismooth Equations. In this project, comprehensive models for designing safe power system parameters will be proposed, efficient algorthms for solving these models will be constructed. The new models and algorithms in this project will provide efficient tools to prevent catastrophic events in power systems, which is related with national security. This project will also strengthen collaboration of Australian applied
mathematians with inter ....Constrained and Stable Solutions of Nonlinear and Semismooth Equations. In this project, comprehensive models for designing safe power system parameters will be proposed, efficient algorthms for solving these models will be constructed. The new models and algorithms in this project will provide efficient tools to prevent catastrophic events in power systems, which is related with national security. This project will also strengthen collaboration of Australian applied
mathematians with international researchers and engineering scientists. This is important for the advance of science and technology in
Australia.Read moreRead less
Derivative free algorithms for large scale nonsmooth and global optimization and their applications. The outcomes expected from this research fall broadly into two categories: 1) the development of a new class of effective readily implementable derivative free techniques for large scale non-smooth and global optimisation and 2) the development of new algorithms based on derivative free optimization techniques for solving data mining, resource allocation problems and some problems in bioinformati ....Derivative free algorithms for large scale nonsmooth and global optimization and their applications. The outcomes expected from this research fall broadly into two categories: 1) the development of a new class of effective readily implementable derivative free techniques for large scale non-smooth and global optimisation and 2) the development of new algorithms based on derivative free optimization techniques for solving data mining, resource allocation problems and some problems in bioinformatics. In particular, the application of these techniques to molecular biology and cluster analysis will be very important for the development of competitive technologies for Australia.
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Approximate bundle methods in nonsmooth optimisation and their applications in some complex systems. Non-smooth and non-convex optimisation has many applications in industry and science. One of the powerful methods in non-smooth optimisation is a bundle method. This project will develop new versions of the bundle method by using continuous approximations to the sub-differential and extend this method for solving non-convex (smooth and non-smooth) optimisation problems by using max-min of linear ....Approximate bundle methods in nonsmooth optimisation and their applications in some complex systems. Non-smooth and non-convex optimisation has many applications in industry and science. One of the powerful methods in non-smooth optimisation is a bundle method. This project will develop new versions of the bundle method by using continuous approximations to the sub-differential and extend this method for solving non-convex (smooth and non-smooth) optimisation problems by using max-min of linear functions for the approximation of the functions involved. The outcome will be a new class of effective readily implementable algorithms for the minimization of non-smooth and non-convex functions, whose usefulness will be demonstrated by applications in cluster analysis, biochemistry and robotics.
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Next-Generation OFDM Communication Systems: Analysis and Design for the Physical Layer. Next-generation orthogonal frequency-division multiplexed (OFDM) systems represent the future of broadband wireless access technology. Such systems are vital to Australia's future infrastructure and growing economy by providing more bandwidth with greater flexibility for new broadband applications. The research outcomes from this project will help enable future OFDM systems, and thus directly benefit Austra ....Next-Generation OFDM Communication Systems: Analysis and Design for the Physical Layer. Next-generation orthogonal frequency-division multiplexed (OFDM) systems represent the future of broadband wireless access technology. Such systems are vital to Australia's future infrastructure and growing economy by providing more bandwidth with greater flexibility for new broadband applications. The research outcomes from this project will help enable future OFDM systems, and thus directly benefit Australia. Development of cutting-edge information technology know-how will enhance Australia's international ICT reputation. Valuable research training of highly-skilled Australian students is another important benefit.Read moreRead less
Fast, practical and effective algorithms for clustering with advice. To maintain a safe and healthy society, government and industry need high quality immunization and national security databases. Since we cannot afford to have duplicate, incomplete and conflicting records that refer to the same person, we unify them by identifying clusters of related records.
In the emerging field of functional genomics, diagnosis of certain diseases is enhanced by determining which genes act together. Diffe ....Fast, practical and effective algorithms for clustering with advice. To maintain a safe and healthy society, government and industry need high quality immunization and national security databases. Since we cannot afford to have duplicate, incomplete and conflicting records that refer to the same person, we unify them by identifying clusters of related records.
In the emerging field of functional genomics, diagnosis of certain diseases is enhanced by determining which genes act together. Different experimental runs might result in different clusterings of genes: we need one consensus clustering that summarizes the experimental outcomes.
Cleaning databases and combining clusterings by hand would require vast amounts of time. This project will result in faster and more accurate computational procedures.Read moreRead less
Information Geometry and Compressive Sensing for Radar and Communications. Australia's vast distances, thin population and extensive sea approaches force us to place heavy reliance on telecommunications and the remote sensing that radar and other modalities can provide. This project will enchance capabilities in sensing to provide more reliable, robust and cost effective communications and surveillance over a wide area.