On relaxation times in the Navier-Stokes-Voigt model

We study analytically and numerically the relaxation time of flow evolution governed by the Navier-Stokes-Voigt (NSV) model. We first show that for the Taylor–Green vortex decay problem, NSV admits an exact solution which evolves slower than true fluid flow. Secondly, we show numerically for a channel flow test problem using standard discretisation methods that although NSV provides more regular solutions compared to usual Navier-Stokes solutions, NSV approximations take significantly longer to reach the steady state.     

Generalized spherical Aluthge transforms and binormality for commuting pairs of operators

In this paper, we introduce the notion of generalized spherical Aluthge transforms for commuting pairs of operators and study nontrivial joint invariant (resp. hyperinvariant) subspaces between the generalized spherical Aluthge transform and the original commuting pair. Next, we study the norm continuity through generalized Aluthge transform maps. We also study how the Taylor spectra and the Fredrolm index of commuting pairs of operators behave under the spherical Duggal transform. Finally, we introduce the notion of Campbell binormality for commuting pairs of operators and investigate some of its basic properties under spherical Aluthge and Duggal transforms. Moreover, we obtain new set inclusion diagrams among normal, quasinormal, centered, and Campbell binormal commuting pairs of operators.     

An adaptation of homotopy analysis method for reliable treatment of strongly nonlinear problems: construction of homotopy polynomials

In this paper, a new adaption of homotopy analysis method is presented to handle nonlinear problems. The proposed approach is capable of reducing the size of calculations and easily overcome the difficulty arising in calculating complicated integrals. Furthermore, the homotopy polynomials that decompose the nonlinear term of the problem as a series of polynomials are introduced. Then, an algorithm of calculating such polynomials, which makes the solution procedure more straightforward and more effective, is constructed. Numerical examples are examined to highlight the significant features of the developed techniques. The algorithms described in this paper are expected to be further employed to solve nonlinear problems in mathematical physics. Copyright © 2014 John Wiley & Sons, Ltd.     

A study of leveraged ETF based on geometric return

Leveraged (inverse) exchange-traded funds (LETFs) seek to deliver multiples (opposite) of the performance of the index or benchmark they track. LETFs typically are designed to achieve their stated performance objectives on a daily basis. Many real-life and hypothetical examples have been given to show that the performance of these ETFs over a period longer than one day can differ from their stated daily performance objectives. Formulae have been found using both continuous method and discrete method. A discrete method was used to find a formula linking the return of a leveraged fund with the corresponding multiple of the return of the unleveraged fund and its realized variance but the method needs to use some assumptions and statistical properties to create the volatility term. A CME report finds a very simple way to include volatility in their formula but fails to link to the return of the corresponding unleveraged product. In this paper, we find a natural way to link a leveraged fund with its corresponding unleveraged product and its realized variance in a discrete manner. Our derivation process is similar to that in the CME report, so we do not need to use assumptions and statistical properties to create the volatility term. Unlike the CME method, we use geometric return as opposed to arithmetic return. So, we are able to connect with the return of the corresponding unleveraged product.     

Finite Element Analysis for Mass-Lumped Three-Step Taylor Galerkin Method for Time Dependent Singularly Perturbed Problems with Exponentially Fitted Splines

The motive of the current study is to derive pointwise error estimates for the three-step Taylor Galerkin finite element method for singularly perturbed problems. Pointwise error estimates have not been derived so far for the said method in the finite element framework. Singularly perturbed problems represent a class of problems containing a very sharp boundary layer in their solution. A small parameter called singular perturbation parameter is multiplied with the highest order derivative terms. When this parameter becomes smaller and smaller, a boundary layer occurs and the solution changes very abruptly in a very small portion of the domain. Because of this sudden change in the nature of the solution, it becomes very difficult for the numerical methods to capture the solution accurately specially in the boundary layer region. In the present study finite element analysis has been carried out for such one-dimensional singularly perturbed time dependent convection-diffusion equations. Exponentially fitted splines have been used for the three-step Taylor Galerkin finite element method to converge. Pointwise error estimates have been derived for the method and it is shown that the method is conditionally convergent of first order accurate in space and third order accurate in time. Numerical results have been presented for both the linear and nonlinear problems.     

Convergence of Three-Step Taylor Galerkin Finite Element Scheme Based Monotone Schwarz Iterative Method for Singularly Perturbed Differential-Difference Equation

Monotone Schwarz iterative methods for parabolic partial differential equations are well known for their advantage of eliminating the search for an initial solution. In this article, we propose a monotone Schwarz iterative method for singularly perturbed parabolic retarded differential-difference equations based on a three-step Taylor Galerkin finite element scheme. The stability and ε-uniform convergence of the three-step Taylor Galerkin finite element method have been discussed. Further, by using maximum principle and induction hypothesis, the convergence of the proposed monotone Schwarz iterative method has been established.     

The application of fractional derivatives in stochastic models driven by fractional Brownian motion

In this paper, in order to establish connection between fractional derivative and fractional Brownian motion (FBM), we first prove the validity of the fractional Taylor formula proposed by Guy Jumarie. Then, by using the properties of this Taylor formula, we derive a fractional Itô formula for H∈[1/2,1), which coincides in form with the one proposed by Duncan for some special cases, whose formula is based on the Wick Product. Lastly, we apply this fractional Itô formula to the option pricing problem when the underlying of the option contract is supposed to be driven by a geometric fractional Brownian motion. The case that the drift, volatility and risk-free interest rate are all dependent on t is also discussed.     

A3钢钝头弹撞击45钢板破坏模式的试验研究

为了研究破片模拟弹的终点弹道效应,进行了不同质量A3钢钝头弹(弹径25 mm)撞击45钢板的试验研究,其中A3钢强度弱于45钢。在约200～800 m/s的撞击速度范围内,随着撞击速度的增加,分别观察到弹体出现泰勒撞击、向日葵型花瓣帽形失效及靶板冲塞穿甲三种破坏模式。伴随弹体和靶体经历的不同结构破坏模式,弹材和靶材也经历着相当复杂的材料失效。     

Parameter estimation in geometric process with Weibull distribution

We consider geometric process (GP) when the distribution of the first occurrence time of an event is assumed to be Weibull. Explicit estimators of the parameters in GP are derived by using the method of modified maximum likelihood (MML) proposed by Tiku [24]. Asymptotic distributions and consistency properties of these estimators are obtained. We show that our estimators are more efficient than the widely used modified moment (MM) estimators via Monte Carlo simulation study. Further, two real life examples are given at the end of the paper.     

泰勒公式及泰勒级数之妙用

泰勒公式及泰勒级数是非常重要的数学工具,除了读者熟知的应用方面外,在其他问题的解决中也有妙用.举例介绍了应用泰勒公式及泰勒级数解决判断级数的敛散性、证明与积分有关的不等式等问题.