Open-closed field algebras

We introduce the notions of open-closed field algebra and open-closed field algebra over a vertex operator algebra V. In the case that V satisfies certain finiteness and reductivity conditions, we show that an open-closed field algebra over V canonically gives an algebra over a \C-extension of the Swiss-cheese partial operad. We also give a tensor categorical formulation and categorical constructions of open-closed field algebras over V.Comment: 55 pages, largely revised, an old subsection is deleted, a few references are adde

The Differences of Star Formation History Between Merging Galaxies and Field Galaxies in the EDR of the SDSS

Based on the catalog of merging galaxies in the Early Data Release (EDR) of the Sloan Digital Sky Survey (SDSS), the differences of star formation history between merging galaxies and field galaxies are studied statistically by means of three spectroscopic indicators the 4000-\r{A} break strength, the Balmer absorption-line index, and the specific star formation rate. It is found that for early-type merging galaxies the interactions will not induce significant enhancement of the star-formation activity because of its stability and lack of cool gas. On the other hand, late-type merging galaxies always in general display more active star formation than field galaxies on different timescales within about 1Gyr. We also conclude that the mean stellar ages of late-type merging galaxies are younger than those of late-type field galaxies.Comment: 9 pages, 4 figures, accepted for publication in PAS

Markov quantum fields on a manifold

We study scalar quantum field theory on a compact manifold. The free theory is defined in terms of functional integrals. For positive mass it is shown to have the Markov property in the sense of Nelson. This property is used to establish a reflection positivity result when the manifold has a reflection symmetry. In dimension d=2 we use the Markov property to establish a sewing operation for manifolds with boundary circles. Also in d=2 the Markov property is proved for interacting fields.Comment: 14 pages, 1 figure, Late

Gamma-Ray Burst Afterglows from Realistic Fireballs

A GRB afterglow has been commonly thought to be due to continuous deceleration of a postburst fireball. Many analytical models have made simplifications for deceleration dynamics of the fireball and its radiation property, although they are successful at explaining the overall features of the observed afterglows. We here propose a model for a GRB afterglow in which the evolution of a postburst fireball is in an intermediate case between the adiabatic and highly radiative expansion. In our model, the afterglow is both due to the contribution of the adiabatic electrons behind the external blastwave of the fireball and due to the contribution of the radiative electrons. In addition, this model can describe evolution of the fireball from the extremely relativistic phase to the non-relativistic phase. Our calculations show that the fireball will go to the adiabatic expansion phase after about a day if the accelerated electrons are assumed to occupy the total internal energy. In all cases considered, the fireball will go to the mildly relativistic phase about $10^4$ seconds later, and to the non-relativistic phase after several days. These results imply that the relativistic adiabatic model cannot describe the deceleration dynamics of the several-days-later fireball. The comparison of the calculated light curves with the observed results at late times may imply the presence of impulsive events or energy injection with much longer durations.Comment: 18 pages, 10 figures, plain latex file, submitted to Ap

Theory and Calibration of Swap Market Models

This paper introduces a general framework for market models, named Market Model Approach, through the concept of admissible sets of for-ward swap rates spanning a given tenor structure. We relate this concept to results in graph theory by showing that a set is admissible if and only if the associated graph is a tree. This connection enables us to enumerate all admissible models for a given tenor structure. Three main classes are identified within this framework, and correspond to the co-terminal, co-initial, and co-sliding model. We prove that the LIBOR market model is the only admissible model of a co-sliding type. By focusing on the co-terminal model in a lognormal setting, we develop and compare several approximating analytical formulae for caplets, while swaptions can be priced by a simple Black-type formula. A novel calibration technique is introduced to allow simultaneous calibration to caplet and swaption prices. Empirical calibration of the co-terminal model is shown to be faster, more robust and more efficient than the same procedure applied to the LIBOR market model. We then argue that the co-terminal approach is the simplest and most convenient market model for pricing and hedging a large variety of exotic interest-rate derivatives.Swap Market Model, Cap, Swaption, Calibration, Graph Theory