DCDS
Rigidity of Hamenstädt metrics of Anosov flows
Yong Fang
Let $\varphi$ be a $C^\infty$ transversely symplectic topologically mixing Anosov flow such that $dim E^{su}\geq 2$. We suppose that the weak distributions of $\varphi$ are $C^1$. If the length Hamenstädt metrics of $\varphi$ are sub-Riemannian then we prove that the weak distributions of $\varphi$ are necessarily $C^\infty$. Combined with our previous rigidity result in [5] we deduce the classification of such Anosov flows with $C^1$ weak distributions provided that the length Hamenstädt metrics are sub-Riemannian.
keywords: sub-Riemannian structure. Anosov flow Hamenstädt metric
DCDS
On smooth conjugacy of expanding maps in higher dimensions
Yong Fang
In this paper we investigate smooth conjugacy of $C^\infty$ expanding maps on certain nilmanifolds. We show that several rigidity results about expanding maps on the circle can not be generalized directly to higher dimensions. For example the following result is obtained: Let $\Gamma_1\backslash N_1$ and $\Gamma_2\backslash N_2$ be two nilmanifolds of homogeneous type. We show that for any positive integer $k$ there exist on the product nilmanifold $\Gamma_1\times \Gamma_2\backslash N_1\times N_2$ a $C^\infty$ expanding map $\varphi$ and an expanding nilendomorphism $\psi$ which are $C^k$ conjugate, but not $C^{k,lip}$ conjugate. While in the case of dimension one, it was shown by M. Shub and D. Sullivan that if two $C^\infty$ expanding maps on $\mathbb S^1$ are absolutely continuously conjugate, then they must be $C^\infty$ conjugate.
keywords: smooth conjugacy Expanding map entropy.
DCDS
Thermodynamic invariants of Anosov flows and rigidity
Yong Fang
By using a formula relating topological entropy and cohomological pressure, we obtain several rigidity results about contact Anosov flows. For example, we prove the following result: Let $\varphi$ be a $C^\infty$ contact Anosov flow. If its Anosov splitting is $C^2$ and it is $C^0$ orbit equivalent to the geodesic flow of a closed negatively curved Riemannian manifold, then the cohomological pressure and the metric entropy of $\varphi$ coincide. This result generalizes a result of U. Hamenstädt for geodesic flows.
keywords: Anosov flow cohomological pressure. entropy
DCDS
Quasiconformal Anosov flows and quasisymmetric rigidity of Hamenst$\ddot{a}$dt distances
Yong Fang
This paper deals with interactions between metric quasiconformal geometry and the rigidity of Anosov flows. In the first part of this article, we study a canonical time change of Anosov flows. Then we use it to obtain the thorough classification of volume-preserving quasiconformal Anosov flows.
    Given a $C^\infty$ Anosov flow $\varphi$, it is well-known that along the leaves of its strong unstable foliation there are two natural distances: the Hamenst$\ddot {\rm a}$dt distance and the induced Riemannian distance. In general these two distances are H$\ddot{\rm o}$lder equivalent. We prove the following rigidity result about quasisymmetric equivalence:
    Let $\varphi: M\to M$ be a $C^\infty$ transversely symplectic Anosov flow with $C^1$ weak distributions. We suppose that ${\rm dim}M\geq 5$.
    If over a leaf of the strong unstable foliation, the Hamenst$\ddot{\rm a}$dt distance is quasisymmetric equivalent to the Riemannian distance, then up to finite covers $\varphi$ is $C^\infty$ orbit equivalent either to the geodesic flow of a closed hyperbolic manifold, or to the suspension of an Anosov automorphism.
keywords: entropy Anosov flow quasisymmetry.
JIMO
Risk measure optimization: Perceived risk and overconfidence of structured product investors
Xi Chen Zongrun Wang Songhai Deng Yong Fang

In financial optimization, it is important to quantify the risk of structured financial products. This paper quantifies the risk of structured financial products by perceived risk measures based on a standard measure of risk, and then we construct the risk perception and decision-making models of individual investors considering structured products. Moreover, based on bullish and bearish binary structured products, we introduce the psychological bias of overconfidence to explore how this bias affects investors' perceived risk. This study finds that overconfident investors believe in private signals and underestimate the variance of noise in private signals, which affects their expectation of the underlying asset price of structured financial products. Furthermore, overconfidence bias leads investors to overestimate the probability of obtaining a better return. With the increase in overconfidence, the overestimation of the probability is intensified, which eventually leads to lower perceived risk.

keywords: Perceived risk overconfidence price distribution subjective probability structured financial product
JMD
Zygmund strong foliations in higher dimension
Yong Fang Patrick Foulon Boris Hasselblatt
For a compact Riemannian manifold $M$, $k\ge2$ and a uniformly quasiconformal transversely symplectic $C^k$ Anosov flow $\varphi$:$\R\times M\to M$ we define the longitudinal KAM-cocycle and use it to prove a rigidity result: $E^u\oplus E^s$ is Zygmund-regular, and higher regularity implies vanishing of the longitudinal KAM-cocycle, which in turn implies that $E^u\oplus E^s$ is Lipschitz-continuous. Results proved elsewhere then imply that the flow is smoothly conjugate to an algebraic one.
keywords: Zygmund regularity quasiconformal geometric rigidity smooth rigidity Anosov flow foliations. strong invariant subbundles
ERA-MS
Longitudinal foliation rigidity and Lipschitz-continuous invariant forms for hyperbolic flows
Yong Fang Patrick Foulon Boris Hasselblatt
In several contexts the defining invariant structures of a hyperbolic dynamical system are smooth only in systems of algebraic origin, and we prove new results of this smooth rigidity type for a class of flows.
    For a transversely symplectic uniformly quasiconformal $C^2$ Anosov flow on a compact Riemannian manifold we define the longitudinal KAM-cocycle and use it to prove a rigidity result: The joint stable/unstable subbundle is Zygmund-regular, and higher regularity implies vanishing of the KAM-cocycle, which in turn implies that the subbundle is Lipschitz-continuous and indeed that the flow is smoothly conjugate to an algebraic one. To establish the latter, we prove results for algebraic Anosov systems that imply smoothness and a special structure for any Lipschitz-continuous invariant 1-form.
    We obtain a pertinent geometric rigidity result: Uniformly quasiconformal magnetic flows are geodesic flows of hyperbolic metrics.
    Several features of the reasoning are interesting: The use of exterior calculus for Lipschitz-continuous forms, that the arguments for geodesic flows and infranilmanifoldautomorphisms are quite different, and the need for mixing as opposed to ergodicity in the latter case.
keywords: Zygmund regularity smooth rigidity quasiconformal geometric rigidity. Anosov flow strong invariant subbundles

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