Floor trading versus computer trading - Does it matter? Computer systems for securities trading date from the 1980s. These systems are large, costly and extremely complex. Outcomes from their introduction were unforeseen and the relevant research literature is sparse. This project will investigate experimentally with a simulated trading system the effects on trading behaviour of important system parameters. Intelligent support systems for traders will also be developed and tested. The project ....Floor trading versus computer trading - Does it matter? Computer systems for securities trading date from the 1980s. These systems are large, costly and extremely complex. Outcomes from their introduction were unforeseen and the relevant research literature is sparse. This project will investigate experimentally with a simulated trading system the effects on trading behaviour of important system parameters. Intelligent support systems for traders will also be developed and tested. The project team combines needed expertise from the areas of human decision making, finance, and advanced information technologies. Results will be important for theory of market microstructure and interactive intelligent systems and also for an important industry in Australia.Read moreRead less
Unifying Modern Approaches in Machine Learning. The proposed research will lead to better algorithms for some important machine learning problems that could lead to better tools for extracting useful knowledge from data such as in bioinformatics and sensor networks; it will strengthen an international collaboration with one of the world's top centres of machine learning research; it will contribute to an open source toolkit of machine learning algorithms which will put Australia on the map as a ....Unifying Modern Approaches in Machine Learning. The proposed research will lead to better algorithms for some important machine learning problems that could lead to better tools for extracting useful knowledge from data such as in bioinformatics and sensor networks; it will strengthen an international collaboration with one of the world's top centres of machine learning research; it will contribute to an open source toolkit of machine learning algorithms which will put Australia on the map as a provider of sophisticated machine learning software; it will provide training opportunities for several PhD students and a postdoc to work with some of the best machine learning researchers in the world.Read moreRead less
MemberGuard: Protecting Machine Learning Privacy from Membership Inference. Machine Learning has become a core part of many real-world applications. However, machine learning models are vulnerable to membership inference attacks. In these attacks, an adversary can infer if a given data record has been part of the model's training data. In this project, the team aims to develop new techniques that can be used to counter these attacks, such as 1) new analytical models for membership leakage, 2) ne ....MemberGuard: Protecting Machine Learning Privacy from Membership Inference. Machine Learning has become a core part of many real-world applications. However, machine learning models are vulnerable to membership inference attacks. In these attacks, an adversary can infer if a given data record has been part of the model's training data. In this project, the team aims to develop new techniques that can be used to counter these attacks, such as 1) new analytical models for membership leakage, 2) new methods for susceptibility diagnosis, 3) new defences that leverage privacy and utility. Data-oriented services are estimated to be valuable assets in the future. These techniques can help Australia gain cutting edge advantage in machine learning security and privacy and protect its intellectual property on these services.Read moreRead less
Micro Virtual Machines: Abstraction, contained. This project will address a systemic source of inefficiency in widely used software which leads to many programs running as much as ten times slower and using considerably more energy than necessary, shortening battery life on mobile phones and increasing costs for large server farms. This inefficiency is endemic because it is due to the underlying languages rather than the particular software. This project will address this problem by developing a ....Micro Virtual Machines: Abstraction, contained. This project will address a systemic source of inefficiency in widely used software which leads to many programs running as much as ten times slower and using considerably more energy than necessary, shortening battery life on mobile phones and increasing costs for large server farms. This inefficiency is endemic because it is due to the underlying languages rather than the particular software. This project will address this problem by developing a high efficiency substrate, called a micro virtual machine, on which languages may be built.Read moreRead less
Ethics and risk. This project aims to develop a theory of risk. From the extreme to the everyday, from warfare to the drive to work, the modern world is unimaginable without mutual imposition of risk. Philosophers must explain how risks can be justified, or risk irrelevance. This project will use the tools of ethics (the study of right and wrong action) and decision theory (the study of rational decision-making under uncertainty) to develop a comprehensive theory of the ethics of risk. This proj ....Ethics and risk. This project aims to develop a theory of risk. From the extreme to the everyday, from warfare to the drive to work, the modern world is unimaginable without mutual imposition of risk. Philosophers must explain how risks can be justified, or risk irrelevance. This project will use the tools of ethics (the study of right and wrong action) and decision theory (the study of rational decision-making under uncertainty) to develop a comprehensive theory of the ethics of risk. This project is expected to improve understanding of the risks people impose on others as individuals and as a society.Read moreRead less
Decision theory in crisis. Decision theory's goals are to characterise and to guide rational decision-making—from the minor decisions of daily life, to the major decisions of industry and government— which, in its current state, it is unfit to do. This project will refine decision theory so that it may better achieve these goals.
Privacy-preserving data processing on the cloud. This project aims to address the current lack of privacy of user data processed by common cloud computing web servers, including email, business data, and confidential files. This project aims to develop new techniques in cryptography. The anticipated outcome is a suite of practical tools enabling common cloud computing processing operations such as search, statistical analysis, and multi-user access control, to be performed efficiently while pres ....Privacy-preserving data processing on the cloud. This project aims to address the current lack of privacy of user data processed by common cloud computing web servers, including email, business data, and confidential files. This project aims to develop new techniques in cryptography. The anticipated outcome is a suite of practical tools enabling common cloud computing processing operations such as search, statistical analysis, and multi-user access control, to be performed efficiently while preserving the data privacy. These tools should provide significant benefits to the privacy of cloud users, as well as financial and reputation benefits to the IT industry, by significantly reducing the likelihood of massive user data privacy breaches in the event of a cyber-hacking attack on the cloud server.Read moreRead less
Autonomous Functions for Smart Cars. The aim of this project is to develop autonomous functions for smart cars, such as lane departure warning, driver fatigue warning, and automatic lane following. Every year 70,000 people are killed in road accidents, 95% of which can be attributed to driver error. The potential outcomes of this project therefore significant. Many of the theoretical methods required for this project have been developed by our group. However, further theoretical refinements fo ....Autonomous Functions for Smart Cars. The aim of this project is to develop autonomous functions for smart cars, such as lane departure warning, driver fatigue warning, and automatic lane following. Every year 70,000 people are killed in road accidents, 95% of which can be attributed to driver error. The potential outcomes of this project therefore significant. Many of the theoretical methods required for this project have been developed by our group. However, further theoretical refinements followed by experimental verification is necessary. For smart cars to be accepted, the systems must be demonstrated to be reliable and to operate in a wide range of conditions.Read moreRead less
Improving novice drivers' speed and hazard management. The aim of the study is to extend the evidence-based approach we have developed for speed management (cognitive integration speed management training) to hazard management, thereby developing cognitive integration hazard management training for young drivers. Hence, this study is specifically designed to curb the alarming trend in young driver fatalities on Australian roads. The results of the research will provide clear direction to road au ....Improving novice drivers' speed and hazard management. The aim of the study is to extend the evidence-based approach we have developed for speed management (cognitive integration speed management training) to hazard management, thereby developing cognitive integration hazard management training for young drivers. Hence, this study is specifically designed to curb the alarming trend in young driver fatalities on Australian roads. The results of the research will provide clear direction to road authorities and driver training providers as to effective training strategies to improve young driver training, and ultimately improve road safety with this vulnerable population.Read moreRead less
Modelling human decision making in complex environments. The project aims to extend quantitative psychological models of simple choice tasks to decision-making with complex stimuli in complex environments. The new formal models are designed to provide a comprehensive account of behaviour, including the choices that are made, how long it takes to make them, and how choices and choice times vary within and between decision-makers. The models would explain how people adapt to changes in task demand ....Modelling human decision making in complex environments. The project aims to extend quantitative psychological models of simple choice tasks to decision-making with complex stimuli in complex environments. The new formal models are designed to provide a comprehensive account of behaviour, including the choices that are made, how long it takes to make them, and how choices and choice times vary within and between decision-makers. The models would explain how people adapt to changes in task demands when dealing with multiple stimuli or performing multiple tasks concurrently under time pressure. The project aims to provide the basic research that is needed to extend psychological models of choice to complex ‘real-world’ tasks, such air traffic control and maritime surveillance.Read moreRead less