Busemann–Petty Problems for General L_p-Intersection Bodies

For 0 p 1, Haberl and Ludwig defined the notions of symmetric L p-intersection body and nonsymmetric L p-intersection body. In this paper, we introduce the general L p-intersection bodies.Furthermore, the Busemann–Petty problems for the general L p-intersection bodies are shown.     

Modified fully discretized projection method for the incompressible Navier–Stokes equations

The stability and convergence of a second-order fully discretized projection method for the incompressible Navier–Stokes equations is studied. In order to update the pressure field faster, modified fully discretized projection methods are proposed. It results in a nearly second-order method. This method sacrifices a little of accuracy, but it requires much less computations at each time step. It is very appropriate for actual computations. The comparison with other methods for the driven-cavity problem is presented.     

Surplus division and investment incentives in supply chains: A biform-game analysis

In this paper, we use a biform-game approach for analyzing the impact of surplus division in supply chains on investment incentives. In the first stage of the game, firms decide non-cooperatively on investments. In the second stage, the surplus is shared according to the Shapley value. We find that all firms have inefficiently low investment incentives which, however, depend on their position in the supply chain. Cross-subsidies for investment costs can mitigate, but not eliminate the underinvestment problem. Vertical integration between at least some firms.yields efficient investments, but may nevertheless reduce the aggregated payoff of the firms. We show how the size of our effects depends on the structure of the supply chain and the efficiency of the investment technology. Various extensions demonstrate that our results are qualitatively robust.     

Solvability of the boundary value problem for stationary magnetohydrodynamic equations under mixed boundary conditions for the magnetic field

The global solvability of the boundary value problem for stationary magnetohydrodynamic equations under the Dirichlet boundary condition for the velocity and mixed boundary conditions for the magnetic field is proved.     

On the feedback solutions of differential oligopoly games with hyperbolic demand curve and capacity accumulation

To safeguard analytical tractability and the concavity of objective functions, the vast majority of models belonging to oligopoly theory relies on the restrictive assumption of linear demand functions. Here we lay out the analytical solution of a differential Cournot game with hyperbolic inverse demand, where firms accumulate capacity over time à la Ramsey. The subgame perfect equilibrium is characterized via the Hamilton–Jacobi–Bellman equations solved in closed form both on infinite and on finite horizon setups. To illustrate the applicability of our model and its implications, we analyze the feasibility of horizontal mergers in both static and dynamic settings, and find appropriate conditions for their profitability under both circumstances. Static profitability of a merger implies dynamic profitability of the same merger. It appears that such a demand structure makes mergers more likely to occur than they would on the basis of the standard linear inverse demand.     

Complex dynamics in equilibrium asset pricing models with boundedly rational,heterogeneous agents

We study a simple model based upon the Lucas framework where heterogeneous agents behave rationally in a fully intertemporal setting but do not know other investors' personal preferences, wealth or investment portfolios. As a consequence, agents initially do not know the equilibrium asset pricing function and must make guesses, which they update via adaptive learning with constant gain. We demonstrate that even in this simple environment the economy can, depending on parameters, exhibit either stable convergence to equilibrium, or chaotic dynamical behavior of asset prices and trading volume without converging to the rational expectations equilibrium of the Lucas model. This contradicts the assertion that the Lucas model is stable in the face of modest deviations from the strong assumptions required to compute the equilibrium. © 2013 Wiley Periodicals, Inc. Complexity 19: 38–55, 2014     

How young students communicate their mathematical problem solving in writing

This study investigates young students’ writing in connection to mathematical problem solving. Students’ written communication has traditionally been used by mathematics teachers in the assessment of students’ mathematical knowledge. This study rests on the notion that this writing represents a particular activity which requires a complex set of resources. In order to help students develop their writing, teachers need to have a thorough knowledge of mathematical writing and its distinctive features. The study aims to add to the body of knowledge about writing in school mathematics by investigating young students’ mathematical writing from a communicational, rather than mathematical, perspective. A basic inventory of the communicational choices, that are identifiable across a sample of 519 mathematical texts, produced by 9–12 year old students, is created. The texts have been analysed with multimodal discourse analysis, and the findings suggest diversity in students’ use of images, words, numerals, symbols and layout to organize their texts and to represent their problem-solving process along with an answer to the problem. The inventory and the indication that students have different ideas on how, what, for whom and why they should be writing, can be used by teachers to initiate discussions of what may constitute good communication.     

Rethinking pedagogy for second-order differential equations: a simplified approach to understanding well-posed problems

Knowing an equation has a unique solution is important from both a modelling and theoretical point of view. For over 70 years, the approach to learning and teaching ‘well posedness’ of initial value problems (IVPs) for second- and higher-order ordinary differential equations has involved transforming the problem and its analysis to a first-order system of equations. We show that this excursion is unnecessary and present a direct approach regarding second- and higher-order problems that does not require an understanding of systems.