In this paper we present a method which can transform a variational inequality with gradient constraints into a usual two obstacles problem in one dimensional case.The prototype of the problem is a parabolic variation...In this paper we present a method which can transform a variational inequality with gradient constraints into a usual two obstacles problem in one dimensional case.The prototype of the problem is a parabolic variational inequality with the constraints of two first order differential inequalities arising from a two-dimensional model of European call option pricing with transaction costs.We obtain the monotonicity and smoothness of two free boundaries.展开更多
Abstract For an infinite slab of strain gradient sensitive material subjected to plane-strain tensile loading, compu- tation established and analysis confirmed that passivation of the lateral boundaries at some stage ...Abstract For an infinite slab of strain gradient sensitive material subjected to plane-strain tensile loading, compu- tation established and analysis confirmed that passivation of the lateral boundaries at some stage of loading inhibits plastic deformation upon further loading. This result is not surprising in itself except that, remarkably, if the gradient terms contribute to the dissipation, the plastic deformation is switched off completely and only resumes at a clearly defined higher load, corresponding to a total strain ec, say. The analysis presented in this paper confirms the delay of plastic deformation following passivation and determines the exact manner in which the plastic flow resumes. The plastic strain rate is continuous at the exact point ec of resumption of plastic flow and, for the first small increment Ae = e - ec in the imposed total strain, the corresponding increment in plastic strain, AeP, is proportional to （Ae）2. The constant A in the relation AeP（0） = A（Ae）2, where AeP（0） denotes the plastic strain increment at the centre of the slab, has been determined explicitly; it depends on the hardening modulus of the material. The presence of energetic gradient terms has no effect on the value of ec unless the dissipative terms are absent, in which case passivation reduces the rate of plastic deformation but introduces no delay. This qualitative effect of dissipative gradient terms opens the possibility of experimen- tal discrimination of their presence or absence. The analysisemploys an incremental variational formulation that is likely to find use in other problems.展开更多
In this paper, we study a generalized quasi-variational inequality (GQVI for short) with twomultivalued operators and two bifunctions in a Banach space setting. A coupling of the Tychonov fixedpoint principle and the ...In this paper, we study a generalized quasi-variational inequality (GQVI for short) with twomultivalued operators and two bifunctions in a Banach space setting. A coupling of the Tychonov fixedpoint principle and the Katutani-Ky Fan theorem for multivalued maps is employed to prove a new existencetheorem for the GQVI. We also study a nonlinear optimal control problem driven by the GQVI and givesufficient conditions ensuring the existence of an optimal control. Finally, we illustrate the applicability of thetheoretical results in the study of a complicated Oseen problem for non-Newtonian fluids with a nonmonotone andmultivalued slip boundary condition (i.e., a generalized friction constitutive law), a generalized leak boundarycondition, a unilateral contact condition of Signorini’s type and an implicit obstacle effect, in which themultivalued slip boundary condition is described by the generalized Clarke subgradient, and the leak boundarycondition is formulated by the convex subdifferential operator for a convex superpotential.展开更多
A strike reset option is an option that allows its holder to reset the strike price to the prevailing underlying asset price at a moment chosen by the holder. The pricing model of the option can be formulated as a par...A strike reset option is an option that allows its holder to reset the strike price to the prevailing underlying asset price at a moment chosen by the holder. The pricing model of the option can be formulated as a parabolic variational inequality and the optimal reset strategy is the free boundary. The smoothness of the free boundary in some cases was showed in our article published in JDE. We would prove its smoothness in the other case in this paper by a generalized comparison principle for the variational inequality.展开更多
The time-dependent Navier-Stokes equations with leak boundary conditions are investigated in this paper. The equivalent variational inequality is derived, and the weak and strong solvabilities of this variational ineq...The time-dependent Navier-Stokes equations with leak boundary conditions are investigated in this paper. The equivalent variational inequality is derived, and the weak and strong solvabilities of this variational inequality are obtained by the Galerkin approximation method and the regularized method. In addition, the continuous dependence property of solutions on given initial data is establisbed, from which the strong solution is unique.展开更多
Convertible bond gives holder the right to choose a conversion strategy to maximize the bond value, and issuer also has the right to minimize the bond value in order to maximize equity value. When there is default occ...Convertible bond gives holder the right to choose a conversion strategy to maximize the bond value, and issuer also has the right to minimize the bond value in order to maximize equity value. When there is default occurring, conversion and calling strategies are invalid. In the framework of reduced form model, we reduce the price of convertible bond to variational inequalities, and the coefficients of variational inequalities are unbounded at the original point. Then the existence and uniqueness of variational inequality are proven. Finally, we prove that the conversion area, the calling area and the holding area are connected subsets of the state space.展开更多
According to the necessary condition of the functional taking the extremum, that is its first variation is equal to zero, the variational problems of the functionals for the undetermined boundary in the calculus of va...According to the necessary condition of the functional taking the extremum, that is its first variation is equal to zero, the variational problems of the functionals for the undetermined boundary in the calculus of variations are researched, the functionals depend on single argument, arbitrary unknown functions and their derivatives of higher orders. A new view point is posed and demonstrated, i.e. when the first variation of the functional is equal to zero, all the variational terms are not independent to each other, and at least one of them is equal to zero. Some theorems and corollaries of the variational problems of the functionals are obtained.展开更多
The possibility of using Neumann＇s method to solve the boundary problems for thin elastic shells is studied. The variational statement of the static problems for the shells allows for a problem examination within the...The possibility of using Neumann＇s method to solve the boundary problems for thin elastic shells is studied. The variational statement of the static problems for the shells allows for a problem examination within the distribution space. The convergence of Neumann＇s method is proven for the shells with holes when the boundary of the domain is not completely fixed. The numerical implementation of Neumann＇s method normally requires significant time before any reliable results can be achieved. This paper suggests a way to improve the convergence of the process, and allows for parallel computing and evaluation during the calculations.展开更多
The variational principles for 1-D unsteady compressible flow in a deforming tube derived in a previous paper are improved essentially by reconstructing the initial/final-integral terms according to a new method sugge...The variational principles for 1-D unsteady compressible flow in a deforming tube derived in a previous paper are improved essentially by reconstructing the initial/final-integral terms according to a new method suggested in a recent paper. As a result, the inherent shortcoming of variational principles of being unable to admit physically rational initial/final-value conditions in initial/boundary-value problems is successfully eliminated. Thus, a new theoretical basis for the time-space finite-element analysis is provided.展开更多
基金the National Natural Science Foundation of China (Grant No.10671075)the National Natural Science Foundation of Guangdong Province (Grant No.5005930)the University Special Research Fund for PhD Program (Grant No.20060574002)
文摘In this paper we present a method which can transform a variational inequality with gradient constraints into a usual two obstacles problem in one dimensional case.The prototype of the problem is a parabolic variational inequality with the constraints of two first order differential inequalities arising from a two-dimensional model of European call option pricing with transaction costs.We obtain the monotonicity and smoothness of two free boundaries.
文摘Abstract For an infinite slab of strain gradient sensitive material subjected to plane-strain tensile loading, compu- tation established and analysis confirmed that passivation of the lateral boundaries at some stage of loading inhibits plastic deformation upon further loading. This result is not surprising in itself except that, remarkably, if the gradient terms contribute to the dissipation, the plastic deformation is switched off completely and only resumes at a clearly defined higher load, corresponding to a total strain ec, say. The analysis presented in this paper confirms the delay of plastic deformation following passivation and determines the exact manner in which the plastic flow resumes. The plastic strain rate is continuous at the exact point ec of resumption of plastic flow and, for the first small increment Ae = e - ec in the imposed total strain, the corresponding increment in plastic strain, AeP, is proportional to （Ae）2. The constant A in the relation AeP（0） = A（Ae）2, where AeP（0） denotes the plastic strain increment at the centre of the slab, has been determined explicitly; it depends on the hardening modulus of the material. The presence of energetic gradient terms has no effect on the value of ec unless the dissipative terms are absent, in which case passivation reduces the rate of plastic deformation but introduces no delay. This qualitative effect of dissipative gradient terms opens the possibility of experimen- tal discrimination of their presence or absence. The analysisemploys an incremental variational formulation that is likely to find use in other problems.
基金The first author was supported by the Guangxi Natural Science Foundation of China(Grant No.2021GXNSFFA196004)National Natural Science Foundation of China(Grant No.12001478)+4 种基金Horizon 2020 of the European Union(Grant No.823731 CONMECH)National Science Center of Poland(Grant No.2017/25/N/ST1/00611)The second author was supported by National Science Foundation of USA(Grant No.DMS 1720067)The third author was supported by the National Science Center of Poland(Grant No.2021/41/B/ST1/01636)the Ministry of Science and Higher Education of Poland(Grant Nos.4004/GGPJII/H2020/2018/0 and 440328/PnH2/2019)。
文摘In this paper, we study a generalized quasi-variational inequality (GQVI for short) with twomultivalued operators and two bifunctions in a Banach space setting. A coupling of the Tychonov fixedpoint principle and the Katutani-Ky Fan theorem for multivalued maps is employed to prove a new existencetheorem for the GQVI. We also study a nonlinear optimal control problem driven by the GQVI and givesufficient conditions ensuring the existence of an optimal control. Finally, we illustrate the applicability of thetheoretical results in the study of a complicated Oseen problem for non-Newtonian fluids with a nonmonotone andmultivalued slip boundary condition (i.e., a generalized friction constitutive law), a generalized leak boundarycondition, a unilateral contact condition of Signorini’s type and an implicit obstacle effect, in which themultivalued slip boundary condition is described by the generalized Clarke subgradient, and the leak boundarycondition is formulated by the convex subdifferential operator for a convex superpotential.
基金supported by National Natural Science Foundation of China(10901060,10971073,1081056)Natural Science Foundation of Guangdong Province (9451063101002091)
文摘A strike reset option is an option that allows its holder to reset the strike price to the prevailing underlying asset price at a moment chosen by the holder. The pricing model of the option can be formulated as a parabolic variational inequality and the optimal reset strategy is the free boundary. The smoothness of the free boundary in some cases was showed in our article published in JDE. We would prove its smoothness in the other case in this paper by a generalized comparison principle for the variational inequality.
基金Supported by the National Natural Science Foundation of China(No.50306019,No.10571142,No.10471110,No.10471109)
文摘The time-dependent Navier-Stokes equations with leak boundary conditions are investigated in this paper. The equivalent variational inequality is derived, and the weak and strong solvabilities of this variational inequality are obtained by the Galerkin approximation method and the regularized method. In addition, the continuous dependence property of solutions on given initial data is establisbed, from which the strong solution is unique.
基金Supported by the NNSF of China (10671144)NBRP of China (2007CB814903)
文摘Convertible bond gives holder the right to choose a conversion strategy to maximize the bond value, and issuer also has the right to minimize the bond value in order to maximize equity value. When there is default occurring, conversion and calling strategies are invalid. In the framework of reduced form model, we reduce the price of convertible bond to variational inequalities, and the coefficients of variational inequalities are unbounded at the original point. Then the existence and uniqueness of variational inequality are proven. Finally, we prove that the conversion area, the calling area and the holding area are connected subsets of the state space.
文摘According to the necessary condition of the functional taking the extremum, that is its first variation is equal to zero, the variational problems of the functionals for the undetermined boundary in the calculus of variations are researched, the functionals depend on single argument, arbitrary unknown functions and their derivatives of higher orders. A new view point is posed and demonstrated, i.e. when the first variation of the functional is equal to zero, all the variational terms are not independent to each other, and at least one of them is equal to zero. Some theorems and corollaries of the variational problems of the functionals are obtained.
文摘The possibility of using Neumann＇s method to solve the boundary problems for thin elastic shells is studied. The variational statement of the static problems for the shells allows for a problem examination within the distribution space. The convergence of Neumann＇s method is proven for the shells with holes when the boundary of the domain is not completely fixed. The numerical implementation of Neumann＇s method normally requires significant time before any reliable results can be achieved. This paper suggests a way to improve the convergence of the process, and allows for parallel computing and evaluation during the calculations.
文摘The variational principles for 1-D unsteady compressible flow in a deforming tube derived in a previous paper are improved essentially by reconstructing the initial/final-integral terms according to a new method suggested in a recent paper. As a result, the inherent shortcoming of variational principles of being unable to admit physically rational initial/final-value conditions in initial/boundary-value problems is successfully eliminated. Thus, a new theoretical basis for the time-space finite-element analysis is provided.
