Construction of utility functions from observations of consumer behaviour with application to resource modelling and water management strategies.

开发的优化技术将处于应用数学科学的前沿，并将提高澳大利亚数学界的声望。预期的结果也将是有价值的，因为它们可以用来改进CGE建模技术。在维多利亚州的一个农业区实施CGE模型将用于提高区域经济模型的准确性，并将有助于有效的区域资源管理。这有可能对该地区的经济增长和就业产生积极影响。考虑到需要预测1994年农委会水改革的社会经济后果，该项目的预期结果尤其重要。

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.