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Regularity of the free boundary for a parabolic cooperative system

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 Added by Morteza Fotouhi
 Publication date 2021
  fields
and research's language is English




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In this paper we study the following parabolic system begin{equation*} Delta u -partial_t u =|u|^{q-1}u,chi_{{ |u|>0 }}, qquad u = (u^1, cdots , u^m) , end{equation*} with free boundary $partial {|u | >0}$. For $0leq q<1$, we prove optimal growth rate for solutions $u $ to the above system near free boundary points, and show that in a uniform neighbourhood of any a priori well-behaved free boundary point the free boundary is $C^{1, alpha}$ in space directions and half-Lipschitz in the time direction.



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The parabolic obstacle problem for the fractional Laplacian naturally arises in American option models when the assets prices are driven by pure jump Levy processes. In this paper we study the regularity of the free boundary. Our main result establishes that, when $s>frac12$, the free boundary is a $C^{1,alpha}$ graph in $x$ and $t$ near any regular free boundary point $(x_0,t_0)in partial{u>varphi}$. Furthermore, we also prove that solutions $u$ are $C^{1+s}$ in $x$ and $t$ near such points, with a precise expansion of the form [u(x,t)-varphi(x)=c_0bigl((x-x_0)cdot e+a(t-t_0)bigr)_+^{1+s}+obigl(|x-x_0|^{1+s+alpha}+ |t-t_0|^{1+s+alpha}bigr),] with $c_0>0$, $ein mathbb{S}^{n-1}$, and $a>0$.
151 - Jongkeun Choi , Hongjie Dong , 2021
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