A free boundary problem for a fluid flow in a heterogeneous porous medium

In this paper we study the problem of seepage of a fluid through a porous medium, assuming the flow governed by a nonlinear Darcy law and nonlinear leaky boundary conditions. We prove the continuity of the free boundary and the existence and uniqueness of minimal and maximal solutions. We also prove the uniqueness of theS ₃-connected solution in various situations.     

Path Collapse for an Inhomogeneous Random Walk

On an open interval we follow the paths of a Brownian motion which returns to a fixed point as soon as it reaches the boundary and restarts afresh indefinitely. We determine that two paths starting at different points either cannot collapse or they do so almost surely. The problem can be modelled as a spatially inhomogeneous random walk on a group and contrasts sharply with the higher dimensional case in that if two paths may collapse they do so almost surely.     

Strategic commitment to price to stimulate downstream innovation in a supply chain

It is generally in a firm’s interest for its supply chain partners to invest in innovations. To the extent that these innovations either reduce the partners’ variable costs or stimulate demand for the end product, they will tend to lead to higher levels of output for all of the firms in the chain. However, in response to the innovations of its partners, a firm may have an incentive to opportunistically increase its own prices. The possibility of such opportunistic behavior creates a hold-up problem that leads supply chain partners to underinvest in innovation. Clearly, this hold-up problem could be eliminated by a pre-commitment to price. However, by making an advance commitment to price, a firm sacrifices an important means of responding to demand uncertainty. In this paper we examine the trade-off that is faced when a firm’s channel partner has opportunities to invest in either cost reduction or quality improvement, i.e. demand enhancement. Should it commit to a price in order to encourage innovation, or should it remain flexible in order to respond to demand uncertainty. We discuss several simple wholesale pricing mechanisms with respect to this trade-off.     

On the spectral function of the Poisson–Voronoi cells

Denote by (t)=∑_n1e^−λ_nt, t>0, the spectral function related to the Dirichlet Laplacian for the typical cell of a standard Poisson–Voronoi tessellation in . We show that the expectation E(t), t>0, is a functional of the convex hull of a standard d-dimensional Brownian bridge. This enables us to study the asymptotic behaviour of E(t), when t→0⁺,+∞. In particular, we prove that the law of the first eigenvalue λ₁ of satisfies the asymptotic relation lnP{λ₁t}−2^dω_dj_(d−2)/2^d·t^−d/2 when t→0⁺, where ω_d and j_(d−2)/2 are respectively the Lebesgue measure of the unit ball in and the first zero of the Bessel function J_(d−2)/2.     

Dirac index classes and the noncommutative spectral flow

We present a detailed proof of the existence-theorem for noncommutative spectral sections (see the noncommutative spectral flow, unpublished preprint, 1997). We apply this result to various index-theoretic situations, extending to the noncommutative context results of Booss–Wojciechowski, Melrose–Piazza and Dai–Zhang. In particular, we prove a variational formula, in K_*(C_r^*(Γ)), for the index classes associated to 1-parameter family of Dirac operators on a Γ-covering with boundary; this formula involves a noncommutative spectral flow for the boundary family. Next, we establish an additivity result, in K_*(C_r^*(Γ)), for the index class defined by a Dirac-type operator associated to a closed manifold M and a map r:M→BΓ when we assume that M is the union along a hypersurface F of two manifolds with boundary M=M_{+ F} M₋. Finally, we prove a defect formula for the signature-index classes of two cut-and-paste equivalent pairs (M₁,r₁:M₁→BΓ) and (M₂,r₂:M₂→BΓ), where

M₁=M_{+ (F,φ1)} M₋, M₂=M_{+ (F,φ2)} M₋

and φ_jDiff(F). The formula involves the noncommutative spectral flow of a suitable 1-parameter family of twisted signature operators on F. We give applications to the problem of cut-and-paste invariance of Novikov's higher signatures on closed oriented manifolds.     

On the strategic origin of Brownian motion in finance

This paper is concerned with the strategic use of a private information on the stock market. A repeated auction model is used to analyze the evolution of the price system on a market with asymmetric information.  The model turns out to be a zero-sum repeated game with one-sided information, as introduced by Aumann and Maschler.  The stochastic evolution of the price system can be explicitly computed in the n times repeated case. As n grows to ∞, this process tends to a continuous time martingale related to a Brownian Motion.  This paper provides in this way an endogenous justification for the appearance of Brownian Motion in Finance theory. Received: February 2002     

一类广义Lanchester模型的数值解及若干结论

本讨论了一类广义的Lanchester模型在一些限制条件下的近似解，并给出了若干结论。     

Cost benefit analysis of series systems with warm standby components

This paper deals with the cost benefit analysis of series systems with warm standby components. The time-to-repair and the time-to-failure for each of the primary and warm standby components is assumed to have the negative exponential distribution. We develop the explicit expressions for the mean time-to-failure, MTTF, and the steady-state availability, A _T () for three configurations and perform a comparative analysis. Under the cost/benefit (C/B) criterion, comparisons are made based on assumed numerical values given to the distribution parameters, and to the cost of the components. The configurations are ranked based on: MTTF, A _T (), and C/B where B is either MTTF or A _T ().     

On the solution of Falkner-Skan equations

New existence and uniqueness proofs are given for the solutions of the equations governing the self-similar compressible boundary layer (Falkner-Skan equations). The properties of the solutions are studied and some bounds on important quantities are concluded. The paper is restricted to favourable pressure gradients and to wall cooling.     

Bounded holomorphic functions and maps with some boundary behavior

Let Ω be a domain of . As a study of boundary behavior of functions and maps in Ω, we consider “the linear cluster set,” which is the cluster set along segment terminating at a boundary point of Ω. We prove that there exist bounded holomorphic functions and maps defined in Ω which have the linear cluster sets of positive measure at every point of a discrete subset of the boundary of Ω under some conditions.