3,771 research outputs found

    Proof of the Boltzmann-Sinai Ergodic Hypothesis for Typical Hard Disk Systems

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    We consider the system of NN (≄2\ge2) hard disks of masses m1,...,mNm_1,...,m_N and radius rr in the flat unit torus T2\Bbb T^2. We prove the ergodicity (actually, the B-mixing property) of such systems for almost every selection (m1,...,mN;r)(m_1,...,m_N;r) of the outer geometric parameters.Comment: 58 page

    Housing and the Financial Crisis

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    Net worth and housing equity in retirement

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    This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets also appreciated at the same time. Moreover, the younger elderly offset rising house prices by increasing their housing debt, and used some of the proceeds to invest in other assets. We also consider how much of their housing equity older households can actually tap, using reverse mortgages. This fraction is lower at younger ages, such that young retirees can consume less than half of their housing equity. These results imply that ‘consumable’ net worth is smaller than standard calculations of net worth. JEL Classification: G11, E2

    Frobenius problem and the covering radius of a lattice

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    Let N≄2N \geq2 and let 1<a1<...<aN1 < a_1 < ... < a_N be relatively prime integers. Frobenius number of this NN-tuple is defined to be the largest positive integer that cannot be expressed as ∑i=1Naixi\sum_{i=1}^N a_i x_i where x1,...,xNx_1,...,x_N are non-negative integers. The condition that gcd(a1,...,aN)=1gcd(a_1,...,a_N)=1 implies that such number exists. The general problem of determining the Frobenius number given NN and a1,...,aNa_1,...,a_N is NP-hard, but there has been a number of different bounds on the Frobenius number produced by various authors. We use techniques from the geometry of numbers to produce a new bound, relating Frobenius number to the covering radius of the null-lattice of this NN-tuple. Our bound is particularly interesting in the case when this lattice has equal successive minima, which, as we prove, happens infinitely often.Comment: 12 pages; minor revisions; to appear in Discrete and Computational Geometr

    On a Problem in Diophantine Approximation

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    We prove new results, related to the Littlewood and Mixed Littlewood conjectures in Diophantine approximation.Comment: 16 page
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