7,005 research outputs found
A Penalty Method for the Numerical Solution of Hamilton-Jacobi-Bellman (HJB) Equations in Finance
We present a simple and easy to implement method for the numerical solution
of a rather general class of Hamilton-Jacobi-Bellman (HJB) equations. In many
cases, the considered problems have only a viscosity solution, to which,
fortunately, many intuitive (e.g. finite difference based) discretisations can
be shown to converge. However, especially when using fully implicit time
stepping schemes with their desirable stability properties, one is still faced
with the considerable task of solving the resulting nonlinear discrete system.
In this paper, we introduce a penalty method which approximates the nonlinear
discrete system to first order in the penalty parameter, and we show that an
iterative scheme can be used to solve the penalised discrete problem in
finitely many steps. We include a number of examples from mathematical finance
for which the described approach yields a rigorous numerical scheme and present
numerical results.Comment: 18 Pages, 4 Figures. This updated version has a slightly more
detailed introduction. In the current form, the paper will appear in SIAM
Journal on Numerical Analysi
Characterization of heat transfer in nutrient materials, part 2
A thermal model is analyzed that takes into account phase changes in the nutrient material. The behavior of fluids in low gravity environments is discussed along with low gravity heat transfer. Thermal contact resistance in the Skylab food heater is analyzed. The original model is modified to include: equivalent conductance due to radiation, radial equivalent conductance, wall equivalent conductance, and equivalent heat capacity. A constant wall-temperature model is presented
{\bf -Function Evaluation of Gap Probabilities in Orthogonal and Symplectic Matrix Ensembles}
It has recently been emphasized that all known exact evaluations of gap
probabilities for classical unitary matrix ensembles are in fact
-functions for certain Painlev\'e systems. We show that all exact
evaluations of gap probabilities for classical orthogonal matrix ensembles,
either known or derivable from the existing literature, are likewise
-functions for certain Painlev\'e systems. In the case of symplectic
matrix ensembles all exact evaluations, either known or derivable from the
existing literature, are identified as the mean of two -functions, both
of which correspond to Hamiltonians satisfying the same differential equation,
differing only in the boundary condition. Furthermore the product of these two
-functions gives the gap probability in the corresponding unitary
symmetry case, while one of those -functions is the gap probability in
the corresponding orthogonal symmetry case.Comment: AMS-Late
Laboratory and field measurements of upwelled radiance and reflectance spectra of suspended James River sediments near Hopewell, Virginia
Spectral reflectance characteristics of suspended Bermuda Hundred and Bailey Bay bottom sediments taken from the Hopewell, Va., area were measured in the laboratory for water mixture total suspended solids concentrations between 4 and 173 parts per million. Field spectral reflectance measurements were made of the James River waters near Bermuda Hundred on two occasions. The results of these tests indicate that both Bermuda Hundred and Bailey Bay suspended sediments produce their strongest reflectance in the green and red regions of the spectrum
Laboratory measurements of radiance and reflectance spectra of dilute secondary-treated sewage sludge
The National Aeronautics and Space Administration (NASA), in cooperation with the Environmental Protection Agency (EPA) and the National Oceanic and Atmospheric Administration (NOAA), conducted a research program to evaluate the feasibility of remotely monitoring ocean dumping of waste products such as acid and sewage sludge. One aspect of the research program involved the measurements of upwelled spectral signatures for sewage-sludge mixtures of different concentrations in an 11600-liter tank. This paper describes the laboratory arrangement and presents radiance and reflectance spectra in the visible and near-infrared ranges for concentrations ranging from 9.7 to 180 ppm of secondary-treated sewage sludge mixed with two types of base water. Results indicate that upwelled radiance varies in a near-linear manner with concentration and that the sludge has a practically flat signal response between 420 and 970 nm. Reflectance spectra were obtained for the sewage-sludge mixtures at all wavelengths and concentrations
Laboratory measurements of radiance and reflectance spectra of dilute primary-treated sewage sludge
The feasibility of remotely monitoring ocean dumping of waste products such as acid and sewage sludge is evaluated. The laboratory arrangement, solar simulator, and test results from three experiments conducted in the laboratory are described. Radiance and reflectance spectra are presented for primary-treated sewage sludge mixed with two types of base water. Results indicate that upwelled reflectance varies in a near-linear manner with concentration and that the sludge has a practically flat signal response between 420 and 970 nm. Well-defined upwelled reflectance spectra were obtained for the sewage-sludge mixtures at all wavelengths and concentrations. The spectral-reflectance values appeared to be influenced by the type of base water, but this influence was small, especially for the mixtures with low concentrations of sewage sludge
A Robust Measure of Tidal Circularization in Coeval Binary Populations: The solar-type spectroscopic Binary Population in The Open Cluster M35
We present a new homogeneous sample of 32 spectroscopic binary orbits in the
young (~ 150 Myr) main-sequence open cluster M35. The distribution of orbital
eccentricity vs. orbital period (e-log(P)) displays a distinct transition from
eccentric to circular orbits at an orbital period of ~ 10 days. The transition
is due to tidal circularization of the closest binaries. The population of
binary orbits in M35 provide a significantly improved constraint on the rate of
tidal circularization at an age of 150 Myr. We propose a new and more robust
diagnostic of the degree of tidal circularization in a binary population based
on a functional fit to the e-log(P) distribution. We call this new measure the
tidal circularization period. The tidal circularization period of a binary
population represents the orbital period at which a binary orbit with the most
frequent initial orbital eccentricity circularizes (defined as e = 0.01) at the
age of the population. We determine the tidal circularizationperiod for M35 as
well as for 7 additional binary populations spanning ages from the pre
main-sequence (~ 3 Myr) to late main-sequence (~ 10 Gyr), and use Monte Carlo
error analysis to determine the uncertainties on the derived circularization
periods. We conclude that current theories of tidal circularization cannot
account for the distribution of tidal circularization periods with population
age.Comment: 37 pages, 9 figures, to be published in The Astrophysical Journal,
February 200
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