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
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
Doubly Stochastic Matrices & The Hamiltonian Cycle Problem. The classical hard problem of determining whether a given graph possesses a Hamiltonian cycle contains the essential difficulty of the famous 'Travelling Salesman Problem'. A characterisation of this difficulty in terms of variability of returns (to the initial state) in a controlled stochastic process will be a significant conceptual advance with repercussions in a number of fields including optimisation and theoretical computer scien ....Doubly Stochastic Matrices & The Hamiltonian Cycle Problem. The classical hard problem of determining whether a given graph possesses a Hamiltonian cycle contains the essential difficulty of the famous 'Travelling Salesman Problem'. A characterisation of this difficulty in terms of variability of returns (to the initial state) in a controlled stochastic process will be a significant conceptual advance with repercussions in a number of fields including optimisation and theoretical computer science. Algorithmic advances exploiting such a characterisation will significantly contribute to existing technologies for solving problems in applications ranging from logistics to cryptography. Since TSP describes certain efficient ways of routing its applicability to information networks is clear.Read moreRead less
Approximation, Cubature and Point Designs on Spheres. The sphere is important in fields ranging from geophysics to global climate modelling to chemistry to codes for modern communications. This project aims to strengthen and unify key areas of mathematics on the sphere and at the same time provide methods and constructiions of practical significance. The areas of focus are constructive approximation of functions on the sphere, numerical integration on the sphere, and well distributed sets of poi ....Approximation, Cubature and Point Designs on Spheres. The sphere is important in fields ranging from geophysics to global climate modelling to chemistry to codes for modern communications. This project aims to strengthen and unify key areas of mathematics on the sphere and at the same time provide methods and constructiions of practical significance. The areas of focus are constructive approximation of functions on the sphere, numerical integration on the sphere, and well distributed sets of points on the sphere, including spherical designs.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
Nonsmooth Optimization in Constrained Spline Interpolation. Traditional methods based on standard calculus may not work for optimization problems with constraints; however, such problems can be reformulated as nonsmooth problems that need special treatment. The project aims to approach several important problems in constrained spline interpolation and approximation, from the perspective of nonsmooth optimization. The research, which builds upon a recent breakthrough in the approach to the convex ....Nonsmooth Optimization in Constrained Spline Interpolation. Traditional methods based on standard calculus may not work for optimization problems with constraints; however, such problems can be reformulated as nonsmooth problems that need special treatment. The project aims to approach several important problems in constrained spline interpolation and approximation, from the perspective of nonsmooth optimization. The research, which builds upon a recent breakthrough in the approach to the convex best interpolation by the applicant and his collaborators, is expected to provide fundamental theory for Newton-type methods being used for these problems with a vast number of applications in data fitting and curve and surface design.Read moreRead less