How to make Dupire's local volatility work with jumps

There are several (mathematical) reasons why Dupire's formula fails in the non-diffusion setting. And yet, in practice, ad-hoc preconditioning of the option data works reasonably well. In this note we attempt to explain why. In particular, we propose a regularization procedure of the option data so that Dupire's local vol diffusion process recreates the correct option prices, even in manifest presence of jumps

Fractional Equations of Curie-von Schweidler and Gauss Laws

The dielectric susceptibility of most materials follows a fractional power-law frequency dependence that is called the "universal" response. We prove that in the time domain this dependence gives differential equations with derivatives and integrals of noninteger order. We obtain equations that describe "universal" Curie-von Schweidler and Gauss laws for such dielectric materials. These laws are presented by fractional differential equations such that the electromagnetic fields in the materials demonstrate "universal" fractional damping. The suggested fractional equations are common (universal) to a wide class of materials, regardless of the type of physical structure, chemical composition or of the nature of the polarization.Comment: 11 pages, LaTe

Using elicitation interview within a phenomenographic framework: developing the breadth of research designs associated with game based approaches.

This paper describes how elicitation interview technique was used within a phenomenographic research design to explore physical education teachers’ experiences of teaching games using a Game Based Approach (GBA). Participants taught in one of two different international contexts, Australia or England, and all had some experience of using a GBA to teach games. The focus of the paper is the presentation and discussion of the unique research design used to generate understanding about GBA teaching experiences as well as extending the examination of GBAs from different philosophical viewpoints. Authors’ reflections on the utilised research design are presented with concluding discussion identifying further research opportunities relating to GBAs in teaching and coaching contexts

Spin current and magneto-electric effect in non-collinear magnets

A new microscopic mechanism of the magneto-electric (ME) effect based on the spin supercurrent is theoretically presented for non-collinear magnets. The close analogy between the superconductors (charge current) and magnets (spin current) is drawn to derive the distribution of the spin supercurrent and the resultant electric polarization. Application to the spiral spin structure is discussed.Comment: 5 pages, 2 figure

Напрями та шляхи вдосконалення матеріально-технічного забезпечення підприємств АПК регіону

Background The growing number of web-based psychological treatments, based on textual communication, generates a wealth of data that can contribute to knowledge of online and face-to-face treatments. We investigated whether clients language use predicted treatment outcomes and adherence in Master Your Mood (MYM), an online group course for young adults with depressive symptoms. Methods Among 234 participants from a randomised controlled trial of MYM, we tested whether their word use on course application forms predicted baseline levels of depression, anxiety and mastery, or subsequent treatment adherence. We then analysed chat session transcripts of course completers (n=67) to investigate whether word use changes predicted changes in treatment outcomes. Results Depression improvement was predicted by increasing use of 'discrepancy words' during treatment (e.g. should). At baseline, more discrepancy words predicted higher mastery level. Adherence was predicted by more words used at application, more social words and fewer discrepancy words. Limitations Many variables were included, increasing the chance of coincidental results. This risk was constrained by examining only those word categories that have been investigated in relation to depression or adherence. Conclusions This is the first study to link word use during treatment to outcomes of treatment that has proven to be effective in an RCT. The results suggest that paying attention to the length of problem articulation at application and to 'discrepancy words' may be wise, as these seem to be psychological markers. To expand knowledge of word use as psychological marker, research on web-based treatment should include text analysis. © 2014 The Authors

Phenomenological approach to the critical dynamics of the QCD phase transition revisited

The phenomenological dynamics of the QCD critical phenomena is revisited. Recently, Son and Stephanov claimed that the dynamical universality class of the QCD phase transition belongs to model H. In their discussion, they employed a time-dependent Ginzburg-Landau equation for the net baryon number density, which is a conserved quantity. We derive the Langevin equation for the net baryon number density, i.e., the Cahn-Hilliard equation. Furthermore, they discussed the mode coupling induced through the {\it irreversible} current. Here, we show the {\it reversible} coupling can play a dominant role for describing the QCD critical dynamics and that the dynamical universality class does not necessarily belong to model H.Comment: 13 pages, the Curie principle is discussed in S.2, to appear in J.Phys.

Radioactive decays at limits of nuclear stability

The last decades brought an impressive progress in synthesizing and studying properties of nuclides located very far from the beta stability line. Among the most fundamental properties of such exotic nuclides, usually established first, is the half-life, possible radioactive decay modes, and their relative probabilities. When approaching limits of nuclear stability, new decay modes set in. First, beta decays become accompanied by emission of nucleons from highly excited states of daughter nuclei. Second, when the nucleon separation energy becomes negative, nucleons start to be emitted from the ground state. Here, we present a review of the decay modes occurring close to the limits of stability. The experimental methods used to produce, identify and detect new species and their radiation are discussed. The current theoretical understanding of these decay processes is overviewed. The theoretical description of the most recently discovered and most complex radioactive process - the two-proton radioactivity - is discussed in more detail.Comment: Review, 68 pages, 39 figure

Active nematics on a substrate: giant number fluctuations and long-time tails

We construct the equations of motion for the coupled dynamics of order parameter and concentration for the nematic phase of driven particles on a solid surface, and show that they imply (i) giant number fluctuations, with a standard deviation proportional to the mean and (ii) long-time tails $\sim t^{-d/2}$ in the autocorrelation of the particle velocities in $d$ dimensions despite the absence of a hydrodynamic velocity field. Our predictions can be tested in experiments on aggregates of amoeboid cells as well as on layers of agitated granular matter.Comment: Submitted to Europhys Lett 26 Aug 200

The theory of manipulations of pure state asymmetry: basic tools and equivalence classes of states under symmetric operations

If a system undergoes symmetric dynamics, then the final state of the system can only break the symmetry in ways in which it was broken by the initial state, and its measure of asymmetry can be no greater than that of the initial state. It follows that for the purpose of understanding the consequences of symmetries of dynamics, in particular, complicated and open-system dynamics, it is useful to introduce the notion of a state's asymmetry properties, which includes the type and measure of its asymmetry. We demonstrate and exploit the fact that the asymmetry properties of a state can also be understood in terms of information-theoretic concepts, for instance in terms of the state's ability to encode information about an element of the symmetry group. We show that the asymmetry properties of a pure state psi relative to the symmetry group G are completely specified by the characteristic function of the state, defined as chi_psi(g)= where g\in G and U is the unitary representation of interest. For a symmetry described by a compact Lie group G, we show that two pure states can be reversibly interconverted one to the other by symmetric operations if and only if their characteristic functions are equal up to a 1-dimensional representation of the group. Characteristic functions also allow us to easily identify the conditions for one pure state to be converted to another by symmetric operations (in general irreversibly) for the various paradigms of single-copy transformations: deterministic, state-to-ensemble, stochastic and catalyzed.Comment: Published version. Several new results added. 31 Pages, 3 Figure

Introduction to Magnetic Monopoles

One of the most basic properties of magnetism is that a magnet always has two poles, north and south, which cannot be separated into isolated poles, i.e., magnetic monopoles. However, there are strong theoretical arguments why magnetic monopoles should exist. In spite of extensive searches they have not been found, but they have nevertheless played a central role in our understanding of physics at the most fundamental level.Comment: 22 pages, 7 figures. To be published in Contemporary Physic