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We discuss local and global existence and uniqueness for the price formation free boundary model with homogeneous Neumann boundary conditions introduced by Lasry & Lions in 2007. The results are based on a transformation of the problem to…

Analysis of PDEs · Mathematics 2011-07-04 Luis A. Caffarelli , Peter A. Markowich , Marie-Therese Wolfram

We study the asymptotics for large time of solutions to a one dimensional parabolic evolution equation with non-standard measure-valued right hand side, that involves derivatives of the solution computed at a free boundary point. The…

Analysis of PDEs · Mathematics 2009-12-16 Maria del Mar Gonzalez , Maria Pia Gualdani

In this paper we present a Boltzmann type price formation model, which is motivated by a parabolic free boundary model for the evolution of the prize presented by Lasry and Lions in 2007. We discuss the mathematical analysis of the…

Analysis of PDEs · Mathematics 2015-06-15 Martin Burger , Luis Caffarelli , Peter Markowich , Marie-Therese Wolfram

We study a model due to J.M. Lasry and P.L. Lions, describing the evolution of a scalar price which is realized as a free boundary in a 1-D diffusion equation with dynamically evolving, non-standard sources. We establish global existence…

Analysis of PDEs · Mathematics 2009-02-24 Lincoln Chayes , Maria del Mar Gonzalez , Maria Pia Gualdani , Inwon Kim

In this paper we propose an extension of the Lasry-Lions price formation model which includes fluctuations of the numbers of buyers and vendors. We analyze the model in the case of deterministic and stochastic market size fluctuations and…

Analysis of PDEs · Mathematics 2016-03-16 Peter A. Markowich , Josef Teichmann , Marie-Therese Wolfram

We prove an existence result for a free boundary problem inspired by the modelization of accretive growth. The growth process is formulated through a level-set approach, leading to a boundary-value problem for a Hamilton-Jacobi equation…

Analysis of PDEs · Mathematics 2026-02-17 Ulisse Stefanelli

We study a free boundary optimization problem in heat conduction, ruled by the infinity-Laplace operator, with lower temperature bound and a volume constraint. We obtain existence and regularity results and derive geometric properties for…

Analysis of PDEs · Mathematics 2017-03-06 Rafayel Teymurazyan , José Miguel Urbano

We consider a free boundary problem for the heat equation with a given non-negative external heat source. On the free boundary, we impose the zero Dirichlet condition and the fixed normal derivative so that heat escapes from the boundary.…

Analysis of PDEs · Mathematics 2025-05-05 Ken Furukawa , Yoshikazu Giga , Naoto Kajiwara

We study a parabolic free boundary problem, arising from a model for the propagation of equi-diffusional premixed flames with high activation energy. If an initial data is compactly supported, then the solution vanishes in a finite time,…

Analysis of PDEs · Mathematics 2019-11-19 Rubin Abrams , Sunhi Choi

We study a free boundary problem arising from the theory of thermal insulation. The outstanding feature of this set optimization problem is that the boundary of the set being optimized is not a level surface of a harmonic function, but…

Analysis of PDEs · Mathematics 2016-06-01 Luis A. Caffarelli , Dennis Kriventsov

In this work, we study the asymptotic behaviour of solutions to the heat equation in exterior domains, i.e., domains which are the complement of a smooth compact set in $\mathbb{R}^N$. Different homogeneous boundary conditions are…

Analysis of PDEs · Mathematics 2024-10-18 Joaquín Domínguez-de-Tena , Aníbal Rodríguez-Bernal

In a series of papers, we will develop systematically the basic spectral theory of (self-adjoint) boundary value problems for operators of Dirac type. We begin in this paper with the characterization of (self-adjoint) boundary conditions…

Functional Analysis · Mathematics 2007-05-23 Jochen Brüning , Matthias Lesch

We consider the thin-film equation for a class of free boundary conditions modelling friction at the contact line, as introduced by E and Ren. Our analysis focuses on formal long-time asymptotics of solutions in the perfect wetting regime.…

Analysis of PDEs · Mathematics 2023-05-29 Lorenzo Giacomelli , Manuel V. Gnann , Dirk Peschka

In this paper we study the asymptotic behavior of a Boltzmann type price formation model, which describes the trading dynamics in a financial market. In many of these markets trading happens at high frequencies and low transactions costs.…

Analysis of PDEs · Mathematics 2013-12-05 Martin Burger , Luis Caffarelli , Peter A. Markowich , Marie-Therese Wolfram

An $\mathrm{L}_1$-maximal regularity theory for parabolic evolution equations inspired by the pioneering work of Da Prato and Grisvard is developed. Besides of its own interest, the approach yields a framework allowing global-in-time…

Analysis of PDEs · Mathematics 2021-11-30 Raphaël Danchin , Matthias Hieber , Piotr B. Mucha , Patrick Tolksdorf

The parabolic obstacle problem for the fractional Laplacian naturally arises in American option models when the assets prices are driven by pure jump L\'evy processes. In this paper we study the regularity of the free boundary. Our main…

Analysis of PDEs · Mathematics 2016-05-03 Begoña Barrios , Alessio Figalli , Xavier Ros-Oton

The (1+1)-dimensional nonlinear boundary value problem, modeling the process of melting and evaporation of metals, is studied by means of the classical Lie symmetry method. All possible Lie operators of the nonlinear heat equation, which…

Mathematical Physics · Physics 2012-11-30 Roman Cherniha , Sergii Kovalenko

We analyze the disturbed flow in the supersonic laminar boundary layer when local heated elements are placed on the surface. It is exhibited that these flows are described in terms of free interaction theory for specific sizes of thermal…

Fluid Dynamics · Physics 2015-05-30 M. V. Koroteev , I. I. Lipatov

The dynamical and stationary behaviors of a fourth-order evolution equation with clamped boundary conditions and a singular nonlocal reaction term, which is coupled to an elliptic free boundary problem on a non-smooth domain, are…

Analysis of PDEs · Mathematics 2013-08-29 Philippe Laurencot , Christoph Walker

For given $a\in\R$, c<0, we are concerned with the solution $f^{}_b$ of the differential equation $f^{\prime\prime\prime}+ff^{\prime\prime}+\g(f^{\prime})=0$, satisfying the initial conditions $f(0)=a$, $f'(0)=b$, $f''(0)=c< 0$, where g is…

Dynamical Systems · Mathematics 2007-07-12 Mohamed Aïboudi , Bernard Brighi
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