A probabilistic approach to spectral analysis of growth-fragmentation equations

The growth-fragmentation equation describes a system of growing and dividing particles, and arises in models of cell division, protein polymerisation and even telecommunications protocols. Several important questions about the equation concern the asymptotic behaviour of solutions at large times: at what rate do they converge to zero or infinity, and what does the asymptotic profile of the solutions look like? Does the rescaled solution converge to its asymptotic profile at an exponential speed? These questions have traditionally been studied using analytic techniques such as entropy methods or splitting of operators. In this work, we present a probabilistic approach: we use a Feynman–Kac formula to relate the solution of the growth-fragmentation equation to the semigroup of a Markov process, and characterise the rate of decay or growth in terms of this process. We then identify the Malthus exponent and the asymptotic profile in terms of a related Markov process, and give a spectral interpretation in terms of the growth-fragmentation operator and its dual.     

Congruence criteria for finite subsets of complex projective and complex hyperbolic spaces

We investigate congruence classes and direct congruence classes of m-tuples in the complex projective space ℂP ⁿ . For direct congruence one allows only isometries which are induced by linear (instead of semilinear) mappings. We establish a canonical bijection between the set of direct congruence classes of m-tuples of points in ℂP ⁿ and the set of equivalence classes of positive semidefinite Hermitean m×m-matrices of rank at most n+1 with 1's on the diagonal. As a corollary we get that the direct congruence class of an m-tuple is uniquely determined by the direct congruence classes of all of its triangles, provided that no pair of points of the m-tuple has distance π/2. Examples show that the situation changes drastically if one replaces direct congruence classes by congruence classes or if distances π/2 are allowed. Finally we do the same kind of investigation also for the complex hyperbolic space ℂH ⁿ . Most of the results are completely analogous, however, there are also some interesting differences. Received: 15 January 1996     

Chain spaces via Clifford algebras

In this note we show that the chain space belonging to a quadric can be embedded into the chain geometry over a Clifford algebra via a generalized stereographic projection.     

Control of LHCD on the HL-2A Tokamak

in order to study non-indutive plasma current production, the lower hybrid current drive（LHCD） experiment on the HL-2A tokamak is carried out. Simultaneously a microcomputer has been used to control the whole LHCD system. During the experiment this year, we can monitor and protect the LHCD system by use of the microcomputer control system, which will imediately switch off the microwave power to be launched into the tokamak if the plasma is disrupted. All this ensure that the microwave is injected into the equipment correctly.     

More on Kleinewillinghöfer Types of Flat Laguerre Planes

Polster and Steinke [Result. Math., 46 (2004), 103–122] determined the possible Kleinewillingh?fer types of flat Laguerre planes. These types reflect transitivity properties of groups of certain central automorphisms. We exclude three more types from the list given there with respect to Laguerre homotheties. This yields a complete determination of all possible single types with respect to Laguerre homotheties that can occur in flat Laguerre planes. Building on results by M?urer and Hartmann to characterize ovoidal or miquelian Laguerre planes we further characterize certain flat Laguerre planes in terms of their Kleinewillingh?fer types. Received: January 16, 2007. Revised: July 26, 2007.     

Expected Reflection Distance in G(r, 1, n) after a Fixed Number of Reflections

Extending to r > 1 a formula of the authors, we compute the expected reflection distance of a product of t random reflections in the complex reflection group G(r, 1, n). The result relies on an explicit decomposition of the reflection distance function into irreducible G(r, 1, n)-characters and on the eigenvalues of certain adjacency matrices.Received December 8, 2003     

Metric and Periodic Lines in Real Inner Product Space Geometries

The lines of euclidean and hyperbolic geometries are characterized as metric lines in the sense of Blumenthal–Menger, and the lines of spherical and elliptic geometry as periodic ones. In euclidean geometries there do not exist periodic lines.     

Lévy processes and their subordination in matrix Lie groups

Lévy processes in matrix Lie groups are studied. Subordination (random time change) is used to show that quasi-invariance of the Brownian motion in a Lie group induces absolute continuity of the laws of the corresponding pure jump processes. These results are applied to several examples which are discussed in detail.     

Risk management of a bond portfolio using options

In this paper, we elaborate a formula for determining the optimal strike price for a bond put option, used to hedge a position in a bond. This strike price is optimal in the sense that it minimizes, for a given budget, either Value-at-Risk or Tail Value-at-Risk. Formulas are derived for both zero-coupon and coupon bonds, which can also be understood as a portfolio of bonds. These formulas are valid for any short rate model that implies an affine term structure model and in particular that implies a lognormal distribution of future zero-coupon bond prices. As an application, we focus on the Hull-White one-factor model, which is calibrated to a set of cap prices. We illustrate our procedure by hedging a Belgian government bond, and take into account the possibility of divergence between theoretical option prices and real option prices. This paper can be seen as an extension of the work of Ahn and co-workers [Ahn, D., Boudoukh, J., Richardson, M., Whitelaw, R., 1999. Optimal risk management using options. J. Financ. 54, 359-375], who consider the same problem for an investment in a share.     

Über die abstandsverträglichen Abbildungen auf dem Kreis und auf der reellen Geraden

Zusammenfassung. Eine Abbildung zwischen metrischen R?umen hei?t abstandsvertr?glich, wenn der Abstand der Bilder zweier Punkte nur vom Abstand der Punkte selbst abh?ngt. Wir zeigen, dass eine Abbildung genau dann abstandsvertr?glich ist, wenn der Cauchyschen Funktionalgleichung genügt, also ein Endomorphismus der Gruppe ist. Ein entsprechendes Resultat gilt auch für die abstandsvertr?glichen Abbildungen des Kreises (mit der Multiplikation komplexer Zahlen als Gruppenverknüpfung). Damit kann man sowohl alle messbaren abstandsvertr?glichen Abbildungen von bzw. in sich angeben, als auch einen Nachweis für die Existenz nichtmessbarer abstandsvertr?glicher Abbildungen auf und erbringen. Eingegangen am 20. Juni 2001 / Angenommen am 13. September 2001