Market Model of Implied Volatility. The outcomes of the project will constitute a new methodology with a wide range of tools to handle the market uncertainties with practical applications in the finance industry. Consequently, the benefits of this project to the nation include enhancing its scientific standing in the international community, the training of Australian researchers in forefront methods of modelling of complex stochastic systems and the benefits resulting from its commercially rele ....Market Model of Implied Volatility. The outcomes of the project will constitute a new methodology with a wide range of tools to handle the market uncertainties with practical applications in the finance industry. Consequently, the benefits of this project to the nation include enhancing its scientific standing in the international community, the training of Australian researchers in forefront methods of modelling of complex stochastic systems and the benefits resulting from its commercially relevant elements. Read moreRead less
Wavelet approaches for solving nonlinear dynamic systems in process engineering. The success of the proposed project will enable us to obtain more accurate numerical solutions for the nonlinear dynamical systems arising from process engineering. This ensures the potential for understanding and optimising industrial and engineering processes. Hence, a wide range of processing industries in Australia, such as agricultural chemicals, mineral processing, food, detergents, pharmaceuticals, ceramics ....Wavelet approaches for solving nonlinear dynamic systems in process engineering. The success of the proposed project will enable us to obtain more accurate numerical solutions for the nonlinear dynamical systems arising from process engineering. This ensures the potential for understanding and optimising industrial and engineering processes. Hence, a wide range of processing industries in Australia, such as agricultural chemicals, mineral processing, food, detergents, pharmaceuticals, ceramics and specialty chemicals will benefit from the results of this project. This will ensure globally competitive production and, therefore, greater contributions to the Australian economy.Read moreRead less