HITTING PROBABILITIES AND INTERSECTIONS OF TIME-SPACE ANISOTROPIC RANDOM FIELDS

Let X^(H)={X^(H)(s),s∈R^(N_(1))}and X^(K)={X^(K)(t),t∈R^(N_(2))}be two independent time-space anisotropic random fields with indices H∈(0,1)^(N_(1)) and K∈(0,1)^(N_(2)),which may not possess Gaussianity,and which take values in R^(d) with a space metric τ.Under certain general conditions with density functions defined on a bounded interval,we study problems regarding the hitting probabilities of time-space anisotropic random fields and the existence of intersections of the sample paths of random fields X^(H) and X^(K).More generally,for any Borel set F⊂R^(d),the conditions required for F to contain intersection points of X^(H) and X^(K) are established.As an application,we give an example of an anisotropic non-Gaussian random field to show that these results are applicable to the solutions of non-linear systems of stochastic fractional heat equations.

CONTINUOUS SELECTION THEOREMS FOR FAN-BROWDER MAPPINGS IN TOPOLOGICAL SPACES AND THEIR APPLICATIONS

The concept of Fan-Browder mappings was first introduced in topological spaces without any convex structure. Then a new continuous selection theorem was obtained for the Fan-Browder mapping with range in a topological space without any convex structure and noncompact domain. As applications, some fixed point theorems, coincidence theorems and a nonempty intersection theorem were given. Both the new concepts and results unify and extend many known results in recent literature.

Local times of linear multifractional stable sheets

Let X^H(u)(u)={X^H(u)(u);u∈R^N+}be linear multifractional stable sheets with index functional H(u),where H(u)=(H1(u),…,HN(u))is a function with values in(0;1)N.Based on some assumptions of H(u),we obtain the existence of the local times of X^H(u)(u)and establish its joint continuity and the Holder regularity.These results generalize the corresponding results about fractional stable sheets to multifractional stable sheets.

Left Annihilator of Power Values with Derivations on Lie Ideals in Prime Rings

Let R be a prime ring with characteristic di erent from two,d a derivation of R,L a noncentral Lie ideal of R,and a2R.In the present paper it is showed that if a(d(u^m)±u^m)^n for all u∈L,where m;n are xed positive integers,then a=0 unless R satis es s4,the standard polynomial identity in four variables.

Optimal Investment of Defined Contribution Pension Based on Self-Protection and Minimum Security

This paper mainly studies the optimal investment problem of defined contribution(DC)pension under the self-protection and minimum security.First,we apply Ito?theorem to obtain the differential equation of the real stock price after discounting inflation.Then,under the constraint of external guarantee of DC pension terminal wealth,self-protection is introduced to study the maximization of the expected utility of terminal wealth at retirement time and any time before retirement.The explicit solution of the optimal investment strategy of DC pension at retirement time and any time before retirement should be derived by martingale method.Finally,the influence of selfprotection on the optimal investment strategy of DC pension is numerically analyzed.

带有对合的素环的微分恒等式

Let R be a prime ring of characteristic different from two with the second involution∗andαan automorphism of R.An additive mapping F of R is called a generalized(α,α)-derivation on R if there exists an(α,α)-derivation d of R such that F(xy)=F(x)α(y)+α(x)d(y)holds for all x,y∈R.The paper deals with the study of some commutativity criteria for prime rings with involution.Precisely,we describe the structure of R admitting a generalized(α,α)-derivation F satisfying any one of the following properties:(i)F(xx∗)−α(xx∗)∈Z(R),(ii)F(xx∗)+α(xx∗)∈Z(R),(iii)F(x)F(x∗)−α(xx∗)∈Z(R),(iv)F(x)F(x∗)+α(xx∗)∈Z(R),(v)F(xx∗)−F(x)F(x∗)∈Z(R),(vi)F(xx∗)−F(x∗)F(x)=0 for all x∈R.Also,some examples are given to demonstrate that the restriction of the various results is not superfluous.In fact,our results unify and extend several well known theorems in literature.

THE LEAST SQUARES ESTIMATOR FOR AN ORNSTEIN-UHLENBECK PROCESS DRIVEN BY A HERMITE PROCESS WITH A PERIODIC MEAN

We consider the least square estimator for the parameters of Ornstein-Uhlenbeck processes dY_(s)=(∑_(j=1)^(k)μ_(j)φ_(j)(s)-βY_(s))ds+dZ_(s)^(q,H),driven by the Hermite process Z_(s)^(q,H)with order q≥1 and a Hurst index H∈(1/2,1),where the periodic functionsφ_(j)(s),,j=1,...,κare bounded,and the real numbersμ_(j),,j=1,...,κtogether withβ>0 are unknown parameters.We establish the consistency of a least squares estimation and obtain the asymptotic behavior for the estimator.We also introduce alternative estimators,which can be looked upon as an application of the least squares estimator.In terms of the fractional Ornstein-Uhlenbeck processes with periodic mean,our work can be regarded as its non-Gaussian extension.

On Hom-Lie Pseudo-Superalgebras

The aim of this article is to introduce the notion of Hom-Lie H-pseudo-superalgebras for any Hopf algebra H. This class of algebras is a natural generalization of the Hom-Lie pseudo-algebras as well as a special case of the Hom-Lie superalgebras. We present some construction theorems of Hom-Lie H-pseudo-superalgebras, reformulate the equivalent definition of Hom-Lie H-pseudo-super-algebras, and consider the cohomology theory of Hom-Lie H-pseudo-superalgebras with coefficients in arbitrary Hom-modules as a generalization of Kac’s result.

Optimal Investment Strategy of Defined Contribution Pension Based on Bequest Motivation and Loss Aversion

Under the S-shaped utility of loss aversion,this paper considers the bequest motivation of pension plan participants,random salary income before retirement and the substitution rate between receiving pension benefits after retirement and wages before retirement,and studies the optimal investment strategy of defined contribution(DC)pension.Assuming that pension funds can invest in a financial market consisting of three assets(risk-free asset cash,rolling bonds and stocks),inflation is considered by discount.Under the S-shaped utility,the Lagrange method is used to find the terminal optimal surplus of pensions in retirement,so as to find the terminal optimal wealth,and then the martingale method is used to find the optimal wealth process and investment strategy.Finally,a sensitivity analysis is carried out on the the influence of bequest motivation and loss aversion on the optimal investment strategy of DC pension.

Fast Laplace transform methods for the PDE system of Parisian and Parasian option pricing

This paper develops a fast Laplace transform method for solving the complex PDE system arising from Parisian and Parasian option pricing.The value functions of the options are governed by a system of partial differential equations(PDEs)of two and three dimensions.Applying the Laplace transform to the PDEs with respect to the calendar time to maturity leads to a coupled system consisting of an ordinary differential equation(ODE)and a 2-dimensional partial differential equation(2d-PDE).The solution to this ODE is found analytically on a specific parabola contour that is used in the fast Laplace inversion,whereas the solution to the 2d-PDE is approximated by solving 1-dimensional integro-differential equations.The Laplace inversion is realized by the fast contour integral methods.Numerical results confirm that the Laplace transform methods have the exponential convergence rates and are more efficient than the implicit finite difference methods,Monte Carlo methods and moving window methods.

Packing Dimension of Space-time Anisotropic Gaussian Random Fields

Let X={X(t)∈R^(d),t∈R^(N)}be a centered space-time anisotropic Gaussian random field whose components are independent and satisfy some mild conditions.We study the packing dimension of range X(E)under the anisotropic(time variable)metric space(R^(N),ρ)and(space variable)metric space(R^(d),τ),where E⊂R^(N) is a Borel set.Our results generalize the corresponding results of Estrade,Wu and Xiao(Commun.Stoch.Anal.,5,41-64(2011))for time-anisotropic Gaussian random fields to space-time anisotropic Gaussian fields.

A meshless scheme for partial differential equations based on multiquadric trigonometric B-spline quasi-interpolation

Based on the multiquadric trigonometric B-spline quasi-interpolant, this paper proposes a meshless scheme for some partial differential equations whose solutions are periodic with respect to the spatial variable. This scheme takes into ac- count the periodicity of the analytic solution by using derivatives of a periodic quasi-interpolant （multiquadric trigonometric B-spline quasi-interpolant） to approximate the spatial derivatives of the equations. Thus, it overcomes the difficulties of the previous schemes based on quasi-interpolation （requiring some additional boundary conditions and yielding unwanted high-order discontinuous points at the boundaries in the spatial domain）. Moreover, the scheme also overcomes the dif- ficulty of the meshless collocation methods （i.e., yielding a notorious ill-conditioned linear system of equations for large collocation points）. The numerical examples that are presented at the end of the paper show that the scheme provides excellent approximations to the analytic solutions.

An Identity with Skew Derivations on Lie Ideals

Let R be a 2-torsion free prime ring and L a noncommutative Lie ideal of R. Suppose that （d,σ） is a skew derivation of R such that xsd（x）xt = 0 for all x ∈ L, where s, t are fixed non-negative integers. Then d = 0.

From Braided Infinitesimal Bialgebras to Braided Lie Bialgebras

The present paper is a continuation of [1], where we considered braided infinitesimal Hopf algebras (i.e., infinitesimal Hopf algebras in the Yetter-Drin feld category for any Hopf algebra H), and constructed their Drinfeld double as a generalization of Aguiar’s result. In this paper we mainly investigate the necessary and sufficient condition for a braided infinitesimal bialgebra to be a braided Lie bialgebra (i.e., a Lie bialgebra in the category ).

Riemann-Hilbert problem for the fifth-order modified Korteweg–de Vries equation with the prescribed initial and boundary values

In this paper,we investigate the fifth-order modified Korteweg-de Vries(mKdV)equation on the half-line via the Fokas unified transformation approach.We show that the solution u(x,t)of the fifth-order mKdV equation can be represented by the solution of the matrix Riemann-Hilbert problem constructed on the plane of complex spectral parameter θ.The jump matrix L(x,t,θ)has an explicit representation dependent on x,t and it can be represented exactly by the two pairs of spectral functions y(θ),z(θ)(obtained from the initial value u0(x))and Y(θ),Z(θ)(obtained from the boundary conditions v0(t),{vk(t)}_(1)^(4)).Furthermore,the two pairs of spectral functions y(θ),z(θ)and Y(θ),Z(θ)are not independent of each other,but are related to the compatibility condition,the so-called global relation.

Global Mild Solution of Stochastic Generalized Navier–Stokes Equations with Coriolis Force

In this paper, we apply Littlewood-Paley theory and Ito integral to get the global existence of stochastic Navier-Stokes equations with Coriolis force in Fourier-Besov spaces. As a comparison, we also give corresponding results of the deterministic Navier-Stokes equations with Coriolis force.

On the Riemann–Hilbert problem of a generalized derivative nonlinear Schrödinger equation

In this work,we present a unified transformation method directly by using the inverse scattering method for a generalized derivative nonlinear Schrödinger(DNLS)equation.By establishing a matrix Riemann-Hilbert problem and reconstructing potential function q(x,t)from eigenfunctions{Gj(x,t,η)}3/1 in the inverse problem,the initial-boundary value problems for the generalized DNLS equation on the half-line are discussed.Moreover,we also obtain that the spectral functions f(η),s(η),F(η),S(η)are not independent of each other,but meet an important global relation.As applications,the generalized DNLS equation can be reduced to the Kaup-Newell equation and Chen-Lee-Liu equation on the half-line.

Valuation of Hybrid Pension Scheme Liabilities under Inflation

In recent years,it is of great interest to evaluate the level of liabilities of the hybrid pension system as the mixed pension schemes are favored by various countries around the world.This paper further improves the hybrid pension liability assessment method proposed by Broeders et al by accounting for inflation risk and assuming that inflation risk is measured by a price index that follows geometric Brownian motion.A simulation-based pricing framework is then introduced to assess the hybrid pension liability.The results show that the introduction of inflation risk increases the total outstanding liability of hybrid pensions.Furthermore,inflation is negatively correlated with the total outstanding liability of the hybrid pension scheme,while inflation volatility is positively correlated with it.

An Application of Rafael＇s Theorem over Partial Entwined Modules

We obtain necessary and sufficient conditions for the functor F ： ∪/Ac （ψ） → Mc on the category of partial entwined modules that forgets the A-action to be separable. As an application, we prove a Maschke-type theorem for the category of partial entwined modules.

Analytical solutions of citrate-phosphate coupled model of rice(Oryza sativa L.)roots

The citrate secreted by the rice(Oryza sativa L.)roots will promote the absorption of phosphate,and this process is described by the Kirk model.In our work,the Kirk model is divided into citrate sub-model and phosphate sub-model.In the citrate sub-model,we obtain the analytical solution of citrate with the Laplace transform,inverse Laplace transform and convolution theorem.The citrate solution is substituted into the phosphate sub-model,and the analytical solution of phosphate is obtained by the separation variable method.The existence of the solutions can be proved by the comparison test,the Weierstrass M-test and the Abel discriminating method.