arXiv research

Characterizes critical points in convex double and triple bubbles.

An elementary proof found for the double bubble problem in a specific norm.

Existence of double bubbles with high constant mean curvatures in Riemannian manifolds.

Hexagonal norm double bubble problem solved with minimal configurations.

The classic double bubble theorem says that the least-perimeter way to enclose and separate two prescribed volumes in $\mathbb{R}^N$ is the standard double bubble. We seek the optimal double bubble in $\mathbb{R}^N$ with density, which we assume to be strictly log-convex. For $N=1$ we show that the solution is sometime…

We present a conjecture, based on computational results, on the area minimizing way to enclose and separate two arbitrary volumes in the flat cubic 3-torus. For comparable small volumes, we prove that an area minimizing double bubble in the 3-torus is the standard double bubble from R^3.

We address the double bubble problem for the anisotropic Grushin perimeter $P_α$, $α\geq 0$, and the Lebesgue measure in $\mathbb R^2$, in the case of two equal volumes. We assume that the contact interface between the bubbles lays on either the vertical or the horizontal axis. Since no regularity theory is available i…

We prove that the standard double bubble provides the least-area way to enclose and separate two regions of prescribed volume in \Bbb R^3.

We use a new approach that we call unification to prove that standard weighted double bubbles in $n$-dimensional Euclidean space minimize immiscible fluid surface energy, that is, surface area weighted by constants. The result is new for weighted area, and also gives the simplest known proof to date of the (unit weight…

It is shown that $m$ disjoint sets with fixed Gaussian volumes that partition $\mathbb{R}^{n}$ with minimum Gaussian surface area must be $(m-1)$-dimensional. This follows from a second variation argument using infinitesimal translations. The special case $m=3$ proves the Double Bubble problem for the Gaussian measure,…

The paper proves an infinite double bubble theorem in higher dimensions.

We prove the double bubble conjecture in the three-sphere $S^3$ and hyperbolic three-space $H^3$ in the cases where we can apply Hutchings theory: 1) in $S^3$, each enclosed volume and the complement occupy at least 10% of the volume of $S^3$; 2) in $H^3$, the smaller volume is at least 85% that of the larger. A balanc…

Solves the quintuple bubble problem on spheres and Euclidean spaces.

The classical isoperimetric inequality in R^3 states that the surface of smallest area enclosing a given volume is a sphere. We show that the least area surface enclosing two equal volumes is a double bubble, a surface made of two pieces of round spheres separated by a flat disk, meeting along a single circle at an ang…

We establish the Gaussian Multi-Bubble Conjecture: the least Gaussian-weighted perimeter way to decompose $\mathbb{R}^n$ into $q$ cells of prescribed (positive) Gaussian measure when $2 \leq q \leq n+1$, is to use a "simplicial cluster", obtained from the Voronoi cells of $q$ equidistant points. Moreover, we prove that…

We establish the Gaussian Double-Bubble Conjecture: the least Gaussian-weighted perimeter way to decompose $\mathbb{R}^n$ into three cells of prescribed (positive) Gaussian measure is to use a tripod-cluster, whose interfaces consist of three half-hyperplanes meeting along an $(n-2)$-dimensional plane at $120^{\circ}$ …

Confirms isoperimetric conjectures on R^n and S^n for q ≤ min(5, n+1).

The paper constructs new non-trivial harmonic maps into higher-dimensional target manifolds.

Survey on soap bubble partitions and their stability.

In a recent comment (Johansen A 2003 An alternative view, Quant. Finance 3: C6-C7, cond-mat/0302141), Anders Johansen has criticized our methodology and has questioned several of our results published in [Sornette D and Zhou W-X 2002 The US 2000-2002 market descent: how much longer and deeper? Quant. Finance 2: 468-81,…

Sharp criteria for 2-varifolds to be induced by smooth immersions.

Continuous time analysis of bubble formation in harmonic maps.

The generalized soap bubble problem seeks the least perimeter way to enclose and separate n given volumes in R^m. We study the possible configurations for perimeter minimizing bubble complexes enclosing more than two regions. We prove that perimeter minimizing planar bubble complexes with equal pressure regions and wit…

We propose two rational expectation models of transient financial bubbles with heterogeneous arbitrageurs and positive feedbacks leading to self-reinforcing transient stochastic faster-than-exponential price dynamics. As a result of the nonlinear feedbacks, the termination of a bubble is found to be characterized by a …

Episodes of market crashes have fascinated economists for centuries. Although many academics, practitioners and policy makers have studied questions related to collapsing asset price bubbles, there is little consensus yet about their causes and effects. This review and essay evaluates some of the hypotheses offered to …

The bubble is a controversial and important issue. Many methods which based on the rational expectation have been proposed to detect the bubble. However, for some developing countries, epically China, the asset markets are so young that for many companies, there are no dividends and fundamental value, making it difficu…

A new model detects financial bubbles with high accuracy.

Identifying unambiguously the presence of a bubble in an asset price remains an unsolved problem in standard econometric and financial economic approaches. A large part of the problem is that the fundamental value of an asset is, in general, not directly observable and it is poorly constrained to calculate. Further, it…

The paper models cryptocurrency market bubbles using agent-based models.

The paper proves rigidity results for Serrin-type problems in manifolds.

Bubbles are essential in certain economic models with high growth and low interest rates.

Inspired by the question of identifying the start time $τ$ of financial bubbles, we address the calibration of time series in which the inception of the latest regime of interest is unknown. By taking into account the tendency of a given model to overfit data, we introduce the Lagrange regularisation of the normalised …

Study Yang-Mills connections on four-manifolds, derive obstructions to bubbling.

Rational bubbles form in nonstationary models of real assets.

Let $E$ be a hermitian complex vector bundle over a compact Kähler surface $X$ with Kähler form $ω$, and let $D$ be an integrable unitary connection on $E$ defining a holomorphic structure $D^{\prime\prime}$ on $E$. We prove that the Yang-Mills flow on $(X,ω)$ with initial condition $D$ converges, in an appropriate sen…

Defines speculative bubbles in discrete-time models based on discounted stock price losing mass.

Degenerate solutions found in 2D H-system bubbles with higher degrees.

New cylindrical solutions found for Grushin-type problem.

There are two major streams of literature on the modeling of financial bubbles: the strict local martingale framework and the Johansen-Ledoit-Sornette (JLS) financial bubble model. Based on a class of models that embeds the JLS model and can exhibit strict local martingale behavior, we clarify the connection between th…

This is the third installment of the Financial Bubble Experiment. Here we provide the digital fingerprint of an electronic document in which we identify 27 bubbles in 27 different global assets; for 25 of these assets, we present windows of dates of the most likely ending time of each bubble. We will provide that docum…

On 2 November 2009, the Financial Bubble Experiment was launched within the Financial Crisis Observatory (FCO) at ETH Zurich (\url{http://www.er.ethz.ch/fco/}). In that initial report, we diagnosed and announced three bubbles on three different assets. In this latest release of 23 December 2009 in this ongoing experime…

Trading bubbles form when traders adapt to price mismatches.

This is the second installment of the Financial Bubble Experiment. Here we provide the digital fingerprint of an electronic document in which we identify 7 bubbles in 7 different global assets; for 4 of these assets, we present windows of dates of the most likely ending time of each bubble. We will provide that documen…

Using a recently introduced rational expectation model of bubbles, based on the interplay between stochasticity and positive feedbacks of prices on returns and volatility, we develop a new methodology to test how this model classifies 9 time series that have been previously considered as bubbles ending in crashes. The …

Paper evaluates whether AI is a bubble or a productivity revolution.

Study index bounds for harmonic maps sequences with bubbles.

Study on metric bubbles in complex dimensions 1 and 2.

Modeling stochastic arbitrage bubbles in Black-Scholes framework.