A risk model driven by Lévy processes

We present a general risk model where the aggregate claims, as well as the premium function, evolve by jumps. This is achieved by incorporating a Lévy process into the model. This seeks to account for the discrete nature of claims and asset prices. We give several explicit examples of Lévy processes that can be used to drive a risk model. This allows us to incorporate aggregate claims and premium fluctuations in the same process. We discuss important features of such processes and their relevance to risk modeling. We also extend classical results on ruin probabilities to this model. Copyright © 2003 John Wiley & Sons, Ltd.     

Maximin share and minimax envy in fair-division problems

For fair-division or cake-cutting problems with value functions which are normalized positive measures (i.e., the values are probability measures) maximin-share and minimax-envy inequalities are derived for both continuous and discrete measures. The tools used include classical and recent basic convexity results, as well as ad hoc constructions. Examples are given to show that the envy-minimizing criterion is not Pareto optimal, even if the values are mutually absolutely continuous. In the discrete measure case, sufficient conditions are obtained to guarantee the existence of envy-free partitions.     

Characterization theorems for the projective space and vector bundle adjunction

 We consider some conditions under which a smooth projective variety X is actually the projective space. We also extend to the case of positive characteristic some results in the theory of vector bundle adjunction. We use methods and techniques of the so called Mori theory, in particular the study of rational curves on projective manifolds. Received: 16 May 2002 / Revised version: 18 November 2002 Published online: 3 March 2003 Mathematics Subject Classification (2000): 14E30, 14J40, 14J45     

MGM Optimal convergence for certain (multilevel) structured linear systems

We present a multigrid algorithm to solve linear systems whose coefficient metrices belongs to circulant, Hartley or τ multilevel algebras and are generated by a nonnegative multivariate polynomial f. It is known that these matrices are banded (with respect to their multilevel structure) and their eigenvalues are obtained by sampling f on uniform meshes, so they are ill‐conditioned (or singular, and need some corrections) whenever f takes the zero value. We prove the proposed metod to be optimal even in presence of ill‐conditioning: if the multilevel coefficient matrix has dimension ni at level i, i = 1, … , d, then only ni operations are required on each iteration, but the convergence rate keeps constant with respect to N(n) as it depends only on f. The algorithm can be extended to multilevel Toeplitz matrices too.     

There exist no 2-type surfaces in E 3 which are images under stereographic projection of minimal surfaces in S 3

In this paper we deal with the following particular case of a weaker conjecture by B. Y. Chen: Are there 2-type Willmore surfaces in E ³? In particular we prove that the above question has a negative answer when the surface is the image under stereographic projection of a minimal surface in S ³.     

Separation of Variables for Bi-Hamiltonian Systems

We address the problem of the separation of variables for the Hamilton–Jacobi equation within the theoretical scheme of bi-Hamiltonian geometry. We use the properties of a special class of bi-Hamiltonian manifolds, called N manifolds, to give intrisic tests of separability (and Stäckel separability) for Hamiltonian systems. The separation variables are naturally associated with the geometrical structures of the N manifold itself. We apply these results to bi-Hamiltonian systems of the Gel'fand–Zakharevich type and we give explicit procedures to find the separated coordinates and the separation relations.     

Fe–Mn–Al–C Alloys: a Study of Their Corrosion Behaviour in SO2 Environments

The corrosion reaction of four Fe–Mn–Al alloys exposed to a cycling, dry–humid, SO₂ (0.001% by volume) polluted atmosphere was studied. ICEMS, XPS, AES-SAM and transmission Mössbauer spectroscopy at different temperatures were employed to characterize the corrosion products. The analytical results indicate that (i) ferrihydrite is the main component of the rust; (ii) there is an abundant presence of Mn²⁺ and SO₃ ^2–/SO₄ ^2– on the top of the corrosion layer, the concentration of SO₄ ^2– increasing with the number of cycles; and (iii) the magnetic hyperfine pattern exhibited by the series of low-temperature spectra of the rust is quite different from that observed in the rust formed under similar corrosive environments on iron and weathering steel. This latter finding is correlated with a slow rate of transformation of the Fe³⁺ species formed at the early stages of corrosion into -FeOOH, the usual final product of this type of corrosion processes. The sulphate anions, abundant inside the electrolyte during the wet periods, could be incorporated to the ferrihydrite structure being responsible for the Mössbauer spectral pattern recorded from the corrosion products at low temperatures.     

On the geometry of master-slave synchronization

In 1990, Pecora and Carroll reported the observation that one can synchronize the orbits of two identical dynamical systems, which may be chaotic, by feeding state variables of one of them to the other one with no feedback, a phenomenon often called master-slave synchronization. We report here some results on the theory of master-slave synchronization for maps and flows, which are all inspired by a similar geometric and coordinate independent point of view to the one introduced in master-slave synchronization by Tresser, Worfolk, and Bass. Our results are variations on the theme that projection often can compensate for expansion.(c) 2002 American Institute of Physics.