# American Institute of Mathematical Sciences

## Journals

NACO
Numerical Algebra, Control & Optimization 2014, 4(1): 49-58 doi: 10.3934/naco.2014.4.49
Let $G$ be a simple graph with vertex set $V(G)$ and edge set $E(G)$. An edge-coloring $\sigma$ of $G$ is called an adjacent vertex distinguishing edge-coloring of $G$ if $F_{\sigma}(u)\not= F_{\sigma}(v)$ for any $uv\in E(G)$, where $F_{\sigma}(u)$ denotes the set of colors of edges incident with $u$. A total-coloring $\sigma$ of $G$ is called an adjacent vertex distinguishing total-coloring of $G$ if $S_{\sigma}(u)\not= S_{\sigma}(v)$ for any $uv\in E(G)$, where $S_{\sigma}(u)$ denotes the set of colors of edges incident with $u$ together with the color assigned to $u$. The minimum number of colors required for an adjacent vertex distinguishing edge-coloring (resp. an adjacent vertex distinguishing total-coloring) of $G$ is denoted by $\chi_a^{'}(G)$ (resp. $\chi^{''}_{a}(G)$). In this paper, we provide upper bounds for these parameters of the Cartesian product $G$ □ $H$ of two graphs $G$ and $H$. We also determine exact value of these parameters for the Cartesian product of a bipartite graph and a complete graph or a cycle, the Cartesian product of a complete graph and a cycle, the Cartesian product of two trees and the Cartesian product of regular graphs.
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CPAA
Communications on Pure & Applied Analysis 2008, 7(4): 987-1016 doi: 10.3934/cpaa.2008.7.987
Local solutions of the multidimensional Navier-Stokes equations for isentropic compressible flow are constructed with spherically symmetric initial data between a solid core and a free boundary connected to a surrounding vacuum state. The viscosity coefficients $\lambda, \mu$ are proportional to $\rho^\theta$, $0<\theta<\gamma$, where $\rho$ is the density and $\gamma > 1$ is the physical constant of polytropic fluid. It is also proved that no vacuum develops between the solid core and the free boundary, and the free boundary expands with finite speed.
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JIMO
Journal of Industrial & Management Optimization 2017, 13(1): 375-397 doi: 10.3934/jimo.2016022

This paper deals with the optimal investment-reinsurance strategy for an insurer under the criterion of mean-variance. The risk process is the diffusion approximation of a compound Poisson process and the insurer can invest its wealth into a financial market consisting of one risk-free asset and one risky asset, while short-selling of the risky asset is prohibited. On the side of reinsurance, we require that the proportion of insurer's retained risk belong to $[0, 1]$, is adopted. According to the dynamic programming in stochastic optimal control, the resulting Hamilton-Jacobi-Bellman (HJB) equation may not admit a classical solution. In this paper, we construct a viscosity solution for the HJB equation, and based on this solution we find closed form expressions of efficient strategy and efficient frontier when the expected terminal wealth is greater than a certain level. For other possible expected returns, we apply numerical methods to analyse the efficient frontier. Several numerical examples and comparisons between models with constrained and unconstrained proportional reinsurance are provided to illustrate our results.

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JIMO
Journal of Industrial & Management Optimization 2017, 13(5): 1-16 doi: 10.3934/jimo.2018129

Currency option is an important risk management tool in the foreign exchange market, which has attracted the attention of many researchers. Unlike the classical stochastic theory, we investigate the valuation of currency option under the assumption that the risk factors are described by uncertain processes. Considering the long-term fluctuations of the exchange rate and the changing of the interest rates from time to time, we propose a mean-reverting uncertain currency model with floating interest rates to simulate the foreign exchange market. Subsequently, European and American currency option pricing formulas for the new currency model are derived and some mathematical properties of the formulas are studied. Finally, some numerical algorithms are designed to calculate the prices of these options.

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CPAA
Communications on Pure & Applied Analysis 2011, 10(2): 459-478 doi: 10.3934/cpaa.2011.10.459
In this paper, we consider the free boundary problem of the spherically symmetric compressible isentropic Navier--Stokes equations in $R^n (n \geq 1)$, with density--dependent viscosity coefficients. Precisely, the viscosity coefficients $\mu$ and $\lambda$ are assumed to be proportional to $\rho^\theta$, $0 < \theta < 1$, where $\rho$ is the density. We obtain the global existence, uniqueness and continuous dependence on initial data of a weak solution, with a Lebesgue initial velocity $u_0\in L^{4 m}$, $4m>n$ and $\theta<\frac{4m-2}{4m+n}$. We weaken the regularity requirement of the initial velocity, and improve some known results of the one-dimensional system.
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