Elastic and Thermoelastic Responses of Orthotropic Half-Planes

A unified approach is presented for constructing explicit solutions to the plane elasticity and thermoelasticity problems for orthotropic half-planes. The solutions are constructed in forms which decrease the distance from the loaded segments of the boundary for any feasible relationship between the elastic moduli of orthotropic materials. For the construction, the direct integration method was employed to reduce the formulated problems to a governing equation for a key function. In turn, the governing equation was reduced to an integral equation of the second kind, whose explicit analytical solution was constructed by using the resolvent-kernel algorithm.

The existence of consensus of a leader-following problem with Caputo fractional derivative

In this paper, consensus of a leader-following problem is investigated. The leader-following problem describes a dynamics of the leader and a number of agents. The trajectory of the leader is given. The dynamics of each agent depends on the leader trajectory and others agents' inputs. Here, the leader-following problem is modeled by a system of nonlinear equations with Caputo fractional derivative, which can be rewritten as a system of Volterra equations. The main tools in the investigation are the properties of the resolvent kernel corresponding to the Volterra equations, and Schauder fixed point theorem. By study of the existence of an asymptotically stable solution of a suitable Volterra system, the sufficient conditions for consensus of the leader-following problem are obtained.

The Resolvent Operator

This chapter describes the construction of a resolvent operator using the Laplace transform of a parametrix for the heat kernel and a perturbative argument. In the equation (μ‎-L) R(μ‎) f = f, R(μ‎) is a right inverse for (μ‎-L). In Hölder spaces, these are the natural elliptic estimates for generalized Kimura diffusions. The chapter first constructs the resolvent kernel using an induction over the maximal codimension of bP, and proves various estimates on it, along with corresponding estimates for the solution operator for the homogeneous Cauchy problem. It then considers holomorphic semi-groups and uses contour integration to construct the solution to the heat equation, concluding with a discussion of Kimura diffusions where all coefficients have the same leading homogeneity.

Axisymmetric Stresses in an Elastic Radially Inhomogeneous Cylinder Under Length-Varying Loadings

In this paper, we present an analytical solution to the axisymmetric elasticity problem for an inhomogeneous solid cylinder subjected to external force loadings, which vary within the axial coordinate. The material properties of the cylinder are assumed to be arbitrary functions of the radial coordinate. By making use of the direct integration method, the problem is reduced to coupled integral equations for the shearing stress and the total stress (given by the superposition of the normal ones). By making use of the resolvent-kernel solution, the latter equations were uncoupled and then solved in a closed analytical form. On this basis, the effect of variable material moduli in the stress distribution has been examined with special attention given to the negative Poisson's ratio.

PRICING STEP OPTIONS UNDER THE CEV AND OTHER SOLVABLE DIFFUSION MODELS

We consider a special family of occupation-time derivatives, namely proportional step options introduced by [18]. We develop new closed-form spectral expansions for pricing such options under a class of nonlinear volatility diffusion processes which includes the constant-elasticity-of-variance (CEV) model as an example. In particular, we derive a general analytically exact expression for the resolvent kernel (i.e. Green's function) of such processes with killing at an exponential stopping time (independent of the process) of occupation above or below a fixed level. Moreover, we succeed in Laplace inverting the resolvent kernel and thereby derive newly closed-form spectral expansion formulae for the transition probability density of such processes with killing. The spectral expansion formulae are rapidly convergent and easy-to-implement as they are based simply on knowledge of a pair of fundamental solutions for an underlying solvable diffusion process. We apply the spectral expansion formulae to the pricing of proportional step options for four specific families of solvable nonlinear diffusion asset price models that include the CEV diffusion model and three other multi-parameter state-dependent local volatility confluent hypergeometric diffusion processes.