arXiv research

In this paper, we show that small spherical soap bubbles in irreducible simply connected symmetric spaces of rank greater than one are constructed from the limits of a certain kind of modified mean curvature flows starting from small spheres in the Euclidean space of dimension equal to the rank of the symmetric space, …

Study predicts NFT bubbles using LPPL model.

Small bubbles sliding on a boundary maintain half-spherical shape.

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.

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 investigate the Hawking energy of small surfaces in space times without symmetry assumptions by introducing the notion of Hawking type functionals. In particular, we find that Hawking type functionals are generalized Willmore functionals which allows us to find area constrained, minimizing, immersed, haunted bubble …

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

We study various aspects related to boundary regularity of complete properly embedded Willmore surfaces in H3, particularly those related to assumptions on boundedness or smallness of a certain weighted version of the Willmore energy. We prove, in particular, that small energy controls C1 boundary regularity. We examin…

Study proves Lojasiewicz inequalities for harmonic maps near simple bubble trees.

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

Hexagonal norm double bubble problem solved with minimal configurations.

We present an extension of the Johansen-Ledoit-Sornette (JLS) model to include an additional pricing factor called the "Zipf factor", which describes the diversification risk of the stock market portfolio. Keeping all the dynamical characteristics of a bubble described in the JLS model, the new model provides additiona…

Agent-based model simulates speculative electronic market with price bubbles.

Study reveals the 2020 U.S. stock crash was endogenous, not caused by COVID.

Characterizes critical points in convex double and triple bubbles.

The Sornette-Ide differential equation of herding and rational trader behaviour together with very small random noise is shown to lead to crashes or bubbles where the price change goes to infinity after an unpredictable time. About 100 time steps before this singularity, a few predictable roughly log-periodic oscillati…

Survey on soap bubble partitions and their stability.

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

We study the problem of existence of surfaces in ${\bf R}^3$ parametrized on the sphere ${\mathbb S}^2$ with prescribed mean curvature $H$ in the perturbative case, i.e. for $H=H_0+εH_1$, where $H_0$ is a nonzero constant, $H_1$ is a $C^2$ function and $ε$ is a small perturbation parameter.

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

Rational bubbles form in nonstationary models of real assets.

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

We extend the model of rational bubbles of Blanchard and of Blanchard and Watson to arbitrary dimensions d: a number d of market time series are made linearly interdependent via d times d stochastic coupling coefficients. We first show that the no-arbitrage condition imposes that the non-diagonal impacts of any asset i…

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.

We determine bubble tree convergence for a sequence of harmonic maps, with uniform energy bounds, from a compact Riemann surface into a compact locally CAT(1) space. In particular, we demonstrate energy quantization and the no-neck property for such a sequence. In the smooth setting, Jost and Parker respectively establ…

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…

Continuous time analysis of bubble formation in harmonic maps.

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…

Solves the quintuple bubble problem on spheres and Euclidean spaces.

To achieve the ambitious aims of the Paris climate agreement, the majority of fossil-fuel reserves needs to remain underground. As current national government commitments to mitigate greenhouse gas emissions are insufficient by far, actors such as institutional and private investors and the social movement on divestmen…

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 …

Counterexample disproves Borde-Sorkin conjecture on causal continuity of Morse spacetimes.

Study on metric bubbles in complex dimensions 1 and 2.

The fractional Yamabe problem, proposed by González-Qing (2013, Anal. PDE) is a geometric question which concerns the existence of metrics with constant fractional scalar curvature. It extends the phenomena which were discovered in the classical Yamabe problem and the boundary Yamabe problem to the realm of nonlocal co…

Modeling stochastic arbitrage bubbles in Black-Scholes framework.

We present an advance bubble detection methodology based on the Log Periodic Power Law Singularity (LPPLS) confidence indicator for the early causal identification of positive and negative bubbles in the Chinese stock market using the daily data on the Shanghai Shenzhen CSI 300 stock market index from January 2002 thro…

Study asset price bubbles in markets with short sales prohibitions and model uncertainty.

Study reveals investor behavior in NFT bubbles.

Study of immersions with Willmore energy leading to spherical and catenoid bubbles.

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…

By combining (i) the economic theory of rational expectation bubbles, (ii) behavioral finance on imitation and herding of investors and traders and (iii) the mathematical and statistical physics of bifurcations and phase transitions, the log-periodic power law (LPPL) model has been developed as a flexible tool to detec…

The principal aim of this work is the evidence on empirical way that catastrophic bifurcation breakdowns or transitions, proceeded by flickering phenomenon, are present on notoriously significant and unpredictable financial markets. Overall, in this work we developed various metrics associated with catastrophic bifurca…

Example of spacetime with causal bubbling, splitting into timelike and spacelike parts.

In the past decade, Bitcoin as an emerging asset class has gained widespread public attention because of their extraordinary returns in phases of extreme price growth and their unpredictable massive crashes. We apply the log-periodic power law singularity (LPPLS) confidence indicator as a diagnostic tool for identifyin…

Deep neural network detects asset bubbles with improved accuracy.