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We discuss global existence and asymptotic behaviour of a price formation free boundary model introduced by Lasry & Lions in 2007. Our results are based on a construction which transforms the problem into the heat equation with specially…

Analysis of PDEs · Mathematics 2011-05-06 Luis A. Caffarelli , Peter A. Markowich , Jan-Frederik Pietschmann

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

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

We consider a one-dimensional free boundary problem governed by a nonlinear diffusion - convection equation with a Neumann condition at fixed face $x=0$, which is variable in time and a like Stefan convective condition on the free boundary.…

Analysis of PDEs · Mathematics 2024-10-07 Adriana C. Briozzo

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 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

In this paper we study the existence of solutions in parabolic Schauder space of a nonlinear mixed boundary value problem for the heat equation in a perforated domain. From a given regular open set $\Omega\subseteq\mathbb{R}^n$ we remove a…

Analysis of PDEs · Mathematics 2024-06-27 Riccardo Molinarolo

We introduce a new Neumann problem for the fractional Laplacian arising from a simple probabilistic consideration, and we discuss the basic properties of this model. We can consider both elliptic and parabolic equations in any domain. In…

Analysis of PDEs · Mathematics 2014-11-03 Serena Dipierro , Xavier Ros-Oton , Enrico Valdinoci

A generalized Neumann solution for the two-phase fractional Lam\'e--Clapeyron--Stefan problem for a semi--infinite material with constant initial temperature and a particular heat flux condition at the fixed face is obtained, when a…

Analysis of PDEs · Mathematics 2018-05-24 Sabrina Roscani , Domingo Tarzia

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 paper, we consider initial-boundary value problems for two-component nonlinear systems of time-fractional diffusion equations with the homogeneous Neumann boundary condition and non-negative initial values. The main results are the…

Analysis of PDEs · Mathematics 2024-05-28 Dian Feng , Masahiro Yamamoto

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 study self-similar solutions of a multi-phase Stefan problem for a heat equation on the half-line $x>0$ with a constant initial data and with Dirichlet or Neumann boundary conditions. In the case of Dirichlet boundary condition we prove…

Analysis of PDEs · Mathematics 2024-05-22 E. Yu. Panov

We consider the problem of existence of a solution $u$ to $\partial_t u-\partial_{xx} u = 0$ in $(0,T)\times\mathbb{R}_+$ subject to the boundary condition $-u_x(t,0)+g(u(t,0))=\mu$ on $(0,T)$ where $\mu$ is a measure on $(0,T)$ and $g$ a…

Analysis of PDEs · Mathematics 2020-08-24 Laurent Veron

In this paper we study the existence of solutions for nonlinear boundary value problems ({\phi}(u' ))' = f(t,u,u'), l(u,u')=0 where l(u,u') =0 denotes the Dirichlet or mixed conditions on [0, T], {\phi} is a bounded, singular or classic…

Classical Analysis and ODEs · Mathematics 2016-06-07 Dionicio Pastor Dallos Santos

Let \begin{equation*} L=\sum_{i,j=1}^da_{i,j}\frac{\partial^2}{\partial x_i\partial x_j}-\sum_{i=1}^db_i\frac{\partial}{\partial x_i} \end{equation*} be a second order elliptic operator and consider the reaction-diffusion equation with…

Analysis of PDEs · Mathematics 2014-02-20 Ross G. Pinsky

We study the regularity and well-posedness of physical solutions to the supercooled Stefan problem. Assuming only that the initial temperature is integrable, we prove that the free boundary, known to have jump discontinuities as a function…

Analysis of PDEs · Mathematics 2026-04-08 Sebastian Munoz

We establish the local existence and the uniqueness of solutions of the heat equation with a nonlinear boundary condition for the initial data in uniformly local $L^r$ spaces. Furthermore, we study the sharp lower estimates of the blow-up…

Analysis of PDEs · Mathematics 2014-04-29 Kazuhiro Ishige , Ryuichi Sato

In this paper we obtain natural boundary conditions for a large class of variational problems with free boundary values. In comparison with the already existing examples, our framework displays complete freedom concerning the topology of…

Differential Geometry · Mathematics 2013-02-20 Giovanni Moreno , Monika Ewa Stypa
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