Construction of utility functions from observations of consumer behaviour with application to resource modelling and water management strategies. The optimisation techniques developed will be on the forefront of applied mathematical sciences and will increase the prestige of the Australian mathematical community. The expected results will also be of value because they can be used to improve the CGE modelling technique. The implementation of the CGE model of one of Victoria's agricultural regions ....Construction of utility functions from observations of consumer behaviour with application to resource modelling and water management strategies. The optimisation techniques developed will be on the forefront of applied mathematical sciences and will increase the prestige of the Australian mathematical community. The expected results will also be of value because they can be used to improve the CGE modelling technique. The implementation of the CGE model of one of Victoria's agricultural regions will be used to improve the accuracy of regional economic models and will contribute to efficient regional resource management. This has the potential to positively affect the economic growth and employment in the region. The expected outcomes of the project are especially important taking into account the need for predicting the socio-economic consequences of the 1994 COAG water reforms. 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.
Advanced algorithms for statistical mechanical models. Polymer science, percolation theory and models of magnetism are at the forefront of lattice statistical mechanics and condensed matter theory. Numerical techniques to determine the behaviour of model systems in these areas are predominantly Monte Carlo methods, series generation and analysis, or based on partition function zeroes. New algorithms have been developed for all three methods that are vastly more efficient than their predecessors. ....Advanced algorithms for statistical mechanical models. Polymer science, percolation theory and models of magnetism are at the forefront of lattice statistical mechanics and condensed matter theory. Numerical techniques to determine the behaviour of model systems in these areas are predominantly Monte Carlo methods, series generation and analysis, or based on partition function zeroes. New algorithms have been developed for all three methods that are vastly more efficient than their predecessors. Coupled with the availability of dramatically increased computer power, this project takes advantage of a unique position to make dramatic advances in the afore-mentioned research areas. Furthermore, the methods have wider applicability than those mentioned.Read moreRead less