The elastic-plastic method is often used in designing the inner flat bulkhead plates of submarines, and the upper structure of ships and drilling platforms. Such bulkhead plates can bear the load only once. For the im...The elastic-plastic method is often used in designing the inner flat bulkhead plates of submarines, and the upper structure of ships and drilling platforms. Such bulkhead plates can bear the load only once. For the improvement of the load-carrying capacity or the reduction of the weight of plates, the yield line analytical method is employed in this paper to design the bulkhead plate to improve economy and increase the effiective load. Besides, a further sutdy of this method has been made theoretically and experimentally, and the data of the limited load-carrying capacity of the plate have been obtained. Furthermore, the safety coefficients for such a method are presented, which can be used as reference for related departments and staffs.展开更多
Mathematically, the Black-Scholes model of American option pricing is a free boundary problem of partial differential equation. It is well known that this model is a nonlinear problem, and it has no closed form soluti...Mathematically, the Black-Scholes model of American option pricing is a free boundary problem of partial differential equation. It is well known that this model is a nonlinear problem, and it has no closed form solution. We can only obtain an approximate solution by numerical method, but the precision and stability are hard to control, because the singularity at the exercise boundary near expiration date has a great effect on precision and stability for numerical method. We propose a new numerical method, FDA method, to solve the American option pricing problem, which combines advantages the Semi-Analytical Method and the Front-Fixed Difference Method. Using the FDA method overcomes the difficulty resulting from the singularity at the terminal of optimal exercise boundary. A large amount of calculation shows that the FDA method is more accurate and stable than other numerical methods.展开更多
文摘The elastic-plastic method is often used in designing the inner flat bulkhead plates of submarines, and the upper structure of ships and drilling platforms. Such bulkhead plates can bear the load only once. For the improvement of the load-carrying capacity or the reduction of the weight of plates, the yield line analytical method is employed in this paper to design the bulkhead plate to improve economy and increase the effiective load. Besides, a further sutdy of this method has been made theoretically and experimentally, and the data of the limited load-carrying capacity of the plate have been obtained. Furthermore, the safety coefficients for such a method are presented, which can be used as reference for related departments and staffs.
基金This work was supported by a joint grant from the National Natural Science Foundation of China (Grant No. 60131160743) and Hong Kong (Grant No. N CityU102/01) .
文摘Mathematically, the Black-Scholes model of American option pricing is a free boundary problem of partial differential equation. It is well known that this model is a nonlinear problem, and it has no closed form solution. We can only obtain an approximate solution by numerical method, but the precision and stability are hard to control, because the singularity at the exercise boundary near expiration date has a great effect on precision and stability for numerical method. We propose a new numerical method, FDA method, to solve the American option pricing problem, which combines advantages the Semi-Analytical Method and the Front-Fixed Difference Method. Using the FDA method overcomes the difficulty resulting from the singularity at the terminal of optimal exercise boundary. A large amount of calculation shows that the FDA method is more accurate and stable than other numerical methods.
