Mon, 16 Jan 2012

15:45 - 16:45
L3

String topology of classifying spaces

Richard Hepworth
(Aberdeen)
Abstract

Chataur and Menichi showed that the homology of the free loop space of the classifying space of a compact Lie group admits a rich algebraic structure: It is part of a homological field theory, and so admits operations parametrised by the homology of mapping class groups.  I will present a new construction of this field theory that improves on the original in several ways: It enlarges the family of admissible Lie groups.  It extends the field theory to an open-closed one.  And most importantly, it allows for the construction of co-units in the theory.  This is joint work with Anssi Lahtinen.

Mon, 16 Jan 2012

12:00 - 13:00
L3

Generalized quark-antiquark potential of N=4 SYM at weak and strong coupling

Nadav Drukker
(King's College London)
Abstract

I will present a two-parameter family of Wilson loop operators in N = 4 supersymmetric Yang-Mills theory which interpolates smoothly between the 1/2 BPS line or circle and a pair of antiparallel lines. These observables capture a natural generalization of the quark-antiquark potential. These loops are calculated on the gauge theory side to second order in perturbation theory and in a semiclassical expansion in string theory to one-loop order. The resulting determinants are given in integral form and can be evaluated numerically for general values of the parameters or analytically in a systematic expansion around the 1/2 BPS configuration. I will comment about the feasibility of deriving all-loop results for these Wilson loops.

Mon, 16 Jan 2012

11:00 - 12:00
L3

Excursions in Algebraic Topology

Gua Thiang, Robert Laugwitz, Jan Vonk
Abstract

Three short talks by the authors of essays on topics related to c3 Algebraic topology: Whitehead's theorem, Cohomology of fibre bundles, Division algebras

Fri, 13 Jan 2012

11:30 - 13:00
OCCAM Common Room (RI2.28)

OCCAM Group Meeting

Various
Abstract
  • Cameron Hall - Dislocations and discrete-to-continuum asymptotics: the summary
  • Kostas Zygalakis - Multi scale methods: theory numerics and applications
  • Lian Duan - Barcode Detection and Deconvolution in Well Testing
Thu, 12 Jan 2012

14:00 - 15:00
Gibson Grd floor SR

Spectral decompositions and nonnormality of boundary integral operators in acoustic scattering

Dr Timo Betcke
(University College London)
Abstract

Nonnormality is a well studied subject in the context of partial differential operators. Yet, only little is known for boundary integral operators. The only well studied case is the unit ball, where the standard single layer, double layer and conjugate double layer potential operators in acoustic scattering diagonalise in a unitary basis. In this talk we present recent results for the analysis of spectral decompositions and nonnormality of boundary integral operators on more general domains. One particular application is the analysis of stability constants for boundary element discretisations. We demonstrate how these are effected by nonnormality and give several numerical examples, illustrating these issues on various domains.

Thu, 12 Jan 2012

12:30 - 13:30
Gibson 1st Floor SR

The relativistic heat equation via optimal transportation methods

Marjolaine Puel
(Universite Paul Sabatier)
Abstract

The aim of this talk is to explain how to construct solutions to a

relativistic transport equation via a time discrete scheme based on an

optimal transportation problem.

First of all, I will present a joint work with J. Bertrand, where we prove the existence of an optimal map

for the Monge-Kantorovich problem associated to relativistic cost functions.

Then, I will explain a joint work with Robert McCann, where

we study the limiting process between the discrete and the continuous

equation.

Wed, 11 Jan 2012

10:15 - 11:15
OCCAM Common Room (RI2.28)

A formula for the maximum voltage drop in on-chip power distribution networks.

Maria Aguareles
(University of Girona)
Abstract

We will consider a simplified model for on-chip power distribution networks of array bonded integrated circuits. In this model the voltage is the solution of a Poisson equation in an infinite planar domain whose boundary is an array of circular or square pads of size $\epsilon$. We deal with the singular limit as $\epsilon\to 0$ and we are interested in deriving an explicit formula for the maximum voltage drop in the domain in terms of a power series in $\epsilon$. A procedure based on the method of matched asymptotic expansions will be presented to compute all the successive terms in the approximation, which can be interpreted as using multipole solutions of equations involving spatial derivatives of $\delta$-functions.

Tue, 10 Jan 2012

15:45 - 16:45
SR1

(HoRSE seminar) Real variation of stabilities and equivariant quantum cohomology II

Roman Bezrukavnikov
(MIT)
Abstract

I will describe a version of the definition of stability conditions on a triangulated category to which we were led by the study of quantization of symplectic resolutions of singularities over fields of positive characteristic. Partly motivated by ideas of Tom Bridgeland, we conjectured a relation of this structure to equivariant quantum cohomology; this conjecture has been verified in some classes of examples. The talk is based on joint projects with Anno, Mirkovic, Okounkov and others

Tue, 10 Jan 2012

14:00 - 15:00
SR1

(HoRSE seminar) Real variation of stabilities and equivariant quantum cohomology I

Roman Bezrukavnikov
(MIT)
Abstract

I will describe a version of the definition of stability conditions on a triangulated category to which we were led by the study of quantization of symplectic resolutions of singularities over fields of positive characteristic. Partly motivated by ideas of Tom Bridgeland, we conjectured a relation of this structure to equivariant quantum cohomology; this conjecture has been verified in some classes of examples. The talk is based on joint projects with Anno, Mirkovic, Okounkov and others

Thu, 05 Jan 2012

11:30 - 12:30
Gibson 1st Floor SR

Orthogonality and stability in large matrix iterative algorithms

Professor Chris Paige
(McGill University)
Abstract

Many iterative algorithms for large sparse matrix problems are based on orthogonality (or $A$-orthogonality, bi-orthogonality, etc.), but these properties can be lost very rapidly using vector orthogonalization (subtracting multiples of earlier supposedly orthogonal vectors from the latest vector to produce the next orthogonal vector). Yet many of these algorithms are some of the best we have for very large sparse problems, such as Conjugate Gradients, Lanczos' method for the eigenproblem, Golub and Kahan bidiagonalization, and MGS-GMRES.

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Here we describe an ideal form of orthogonal matrix that arises from any sequence of supposedly orthogonal vectors. We illustrate some of its fascinating properties, including a beautiful measure of orthogonality of the original set of vectors. We will indicate how the ideal orthogonal matrix leads to expressions for new concepts of stability of such iterative algorithm. These are expansions of the concept of backward stability for matrix transformation algorithms that was so effectively developed and applied by J. H. Wilkinson (FRS). The resulting new expressions can be used to understand the subtle and effective performance of some (and hopefully eventually all) of these iterative algorithms.

Fri, 09 Dec 2011

14:30 - 16:00
DH 1st floor SR

applying loads in bone tissue engineering problems

Junjie Wu
(Durham)
Abstract

Please note that this is taking place in the afternoon - partly to avoid a clash with the OCCAM group meeting in the morning.

Fri, 09 Dec 2011

11:30 - 13:00
OCCAM Common Room (RI2.28)

OCCAM Group Meeting

Various
Abstract
  • Ian Griffiths - Control and optimization in filtration and tissue engineering
  • Vladimir Zubkov - Comparison of the Navier-Stokes and the lubrication models for the tear film dynamics
  • Victor Burlakov - Applying the ideas of 1-st order phase transformations to various nano-systems
Fri, 02 Dec 2011

14:30 - 15:30
DH 3rd floor SR

The role of carbon in past and future climate

Prof. Andrew Fowler
(Department of Mathematics and Statistics)
Abstract

There is much current concern over the future evolution of climate under conditions of increased atmospheric carbon. Much of the focus is on a bottom-up approach in which weather/climate models of severe complexity are solved and extrapolated beyond their presently validated parameter ranges. An alternative view takes a top-down approach, in which the past Earth itself is used as a laboratory; in this view, ice-core records show a strong association of carbon with atmospheric temperature throughout the Pleistocene ice ages. This suggests that carbon variations drove the ice ages. In this talk I build the simplest model which can accommodate this observation, and I show that it is reasonably able to explain the observations. The model can then be extrapolated to offer commentary on the cooling of the planet since the Eocene, and the likely evolution of climate under the current industrial production of atmospheric carbon.

Fri, 02 Dec 2011

14:15 - 15:15
L3

Multilevel dual approach for pricing American style derivatives

John Schoenmakers
(Berlin)
Abstract

In this article we propose a novel approach to reduce the computational

complexity of the dual method for pricing American options.

We consider a sequence of martingales that converges to a given

target martingale and decompose the original dual representation into a sum of

representations that correspond to different levels of approximation to the

target martingale. By next replacing in each representation true conditional expectations with their

Monte Carlo estimates, we arrive at what one may call a multilevel dual Monte

Carlo algorithm. The analysis of this algorithm reveals that the computational

complexity of getting the corresponding target upper bound, due to the target martingale,

can be significantly reduced. In particular, it turns out that using our new

approach, we may construct a multilevel version of the well-known nested Monte

Carlo algorithm of Andersen and Broadie (2004) that is, regarding complexity, virtually

equivalent to a non-nested algorithm. The performance of this multilevel

algorithm is illustrated by a numerical example. (joint work with Denis Belomestny)

Fri, 02 Dec 2011

10:00 - 11:15
DH 3rd floor SR

Arguing about risks: a request for assistance

John Fox
(Department of Engineering Science, University of Oxford)
Abstract

The standard mathematical treatment of risk combines numerical measures of uncertainty (usually probabilistic) and loss (money and other natural estimators of utility). There are significant practical and theoretical problems with this interpretation. A particular concern is that the estimation of quantitative parameters is frequently problematic, particularly when dealing with one-off events such as political, economic or environmental disasters. Practical decision-making under risk, therefore, frequently requires extensions to the standard treatment.

 

An intuitive approach to reasoning under uncertainty has recently become established in computer science and cognitive science in which general theories (formalised in a non-classical first-order logic) are applied to descriptions of specific situations in order to construct arguments for and/or against claims about possible events. Collections of arguments can be aggregated to characterize the type or degree of risk, using the logical grounds of the arguments to explain, and assess the credibility of, the supporting evidence for competing claims. Discussions about whether a complex piece of equipment or software could fail, the possible consequences of such failure and their mitigation, for example, can be  based on the balance and relative credibility of all the arguments. This approach has been shown to offer versatile risk management tools in a number of domains, including clinical medicine and toxicology (e.g. www.infermed.com; www.lhasa.com). Argumentation frameworks are also being used to support open discussion and debates about important issues (e.g. see debate on environmental risks at www.debategraph.org).

 

Despite the practical success of argument-based methods for risk assessment and other kinds of decision making they typically ignore measurement of uncertainty even if some quantitative data are available, or combine logical inference with quantitative uncertainty calculations in ad hoc ways. After a brief introduction to the argumentation approach I will demonstrate medical risk management applications of both kinds and invite suggestions for solutions which are mathematically more satisfactory. 

 

Definitions (Hubbard:  http://en.wikipedia.org/wiki/Risk)

Uncertainty: The lack of complete certainty, that is, the existence of more than one possibility. The "true" outcome/state/result/value is not known.

Measurement of uncertainty: A set of probabilities assigned to a set of possibilities. Example:"There is a 60% chance this market will double in five years"

Risk: A state of uncertainty where some of the possibilities involve a loss, catastrophe, or other undesirable outcome.

Measurement of risk: A set of possibilities each with quantified probabilities and quantified losses. Example: "There is a 40% chance the proposed oil well will be dry with a loss of $12 million in exploratory drilling costs".

 

The conceptual background to the argumentation approach to reasoning under uncertainty is reviewed in the attached paper “Arguing about the Evidence: a logical approach”.

Thu, 01 Dec 2011

16:00 - 17:00
L2

Tsunami asymptotics

Michael Berry
(Bristol University Physics Department)
Abstract

Tsunami asymptotics: For most of their propagation, tsunamis are linear dispersive waves whose speed is limited by the depth of the ocean and which can be regarded as diffraction-decorated caustics in spacetime. For constant depth, uniform asymptotics gives a very accurate compact description of the tsunami profile generated by an arbitrary initial disturbance. Variations in depth can focus tsunamis onto cusped caustics, and this 'singularity on a singularity' constitutes an unusual diffraction problem, whose solution indicates that focusing can amplify the tsunami energy by an order of magnitude.

Thu, 01 Dec 2011

16:00 - 17:00
L3

Sharpening `Manin-Mumford' for certain algebraic groups of dimension 2

Umberto Zannier (Pisa)
Abstract

(Joint work with P. Corvaja and D.

Masser.)

The topic of the talk arises from the

Manin-Mumford conjecture and its extensions, where we shall

focus on the case of (complex connected) commutative

algebraic groups $G$ of dimension $2$. The `Manin-Mumford'

context in these cases predicts finiteness for the set of

torsion points in an algebraic curve inside $G$, unless the

curve is of `special' type, i.e. a translate of an algebraic

subgroup of $G$.

In the talk we shall consider not merely the set of torsion

points, but its topological closure in $G$ (which turns out

to be also the maximal compact subgroup). In the case of

abelian varieties this closure is the whole space, but this is

not so for other $G$; actually, we shall prove that in certain

cases (where a natural dimensional condition is fulfilled) the

intersection of this larger set with a non-special curve

must still be a finite set.

We shall conclude by stating in brief some extensions of

this problem to higher dimensions.

Thu, 01 Dec 2011

15:00 - 16:00
L3

Uniformizing Bun(G) by the affine Grassmannian

Kobi Kremnitzer
(Oxford)
Abstract

I'll present the work of Gaitsgory arXiv:1108.1741. In it he uses Beilinson-Drinfeld factorization techniques in order to uniformize the moduli stack of G-bundles on a curve. The main difference with the gauge theoretic technique is that the the affine Grassmannian is far from being contractible but the fibers of the map to Bun(G) are contractible.

Thu, 01 Dec 2011

15:00 - 17:00
Gibson 1st Floor SR

Lectures on: Bifurcation Theory and Applications to Elliptic Boundary-Value Problems

Professor Charles A Stuart
Abstract

• Sufficient conditions for bifurcation from points that are not isolated eigenvalues of the linearisation.

• Odd potential operators.

• Defining min-max critical values using sets of finite genus.

• Formulating some necessary conditions for bifurcation.

Thu, 01 Dec 2011

14:00 - 15:00
Gibson Grd floor SR

Climate, Assimilation of Data and Models - When Data Fail Us

Prof Juan Restrepo
(University of Arizona)
Abstract

The fundamental task in climate variability research is to eke

out structure from climate signals. Ideally we want a causal

connection between a physical process and the structure of the

signal. Sometimes we have to settle for a correlation between

these. The challenge is that the data is often poorly

constrained and/or sparse. Even though many data gathering

campaigns are taking place or are being planned, the very high

dimensional state space of the system makes the prospects of

climate variability analysis from data alone impractical.

Progress in the analysis is possible by the use of models and

data. Data assimilation is one such strategy. In this talk we

will describe the methodology, illustrate some of its

challenges, and highlight some of the ways our group has

proposed to improving the methodology.

Thu, 01 Dec 2011
12:30
T14

tba

Lutz Warnke
Thu, 01 Dec 2011
12:30
Gibson 1st Floor SR

Sobolev regularity for solutions of the Monge-Amp\`ere equation and application to the Semi-Geostrophic system

Guido De Philippis
(Scuola Normale Superiore di Pisa)
Abstract

I will talk about $W^{2,1}$ regularity for strictly convex Aleksandrov solutions to the Monge Amp\`ere equation

\[

\det D^2 u =f

\]

where $f$ satisfies $\log f\in L^{\infty} $. Under the previous assumptions in the 90's Caffarelli was able to prove that $u \in C^{1,\alpha}$ and that $u\in W^{2,p}$ if $|f-1|\leq \varepsilon(p)$. His results however left open the question of Sobolev regularity of $u$ in the general case in which $f$ is just bounded away from $0$ and infinity. In a joint work with Alessio Figalli we finally show that actually $|D^2u| \log^k |D^2 u| \in L^1$ for every positive $k$.

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If time will permit I will also discuss some question related to the $W^{2,1}$ stability of solutions of Monge-Amp\`ere equation and optimal transport maps and some applications of the regularity to the study of the semi-geostrophic system, a simple model of large scale atmosphere/ocean flows (joint works with Luigi Ambrosio, Maria Colombo and Alessio Figalli).

Thu, 01 Dec 2011

12:00 - 13:00

Thom spectra and cobordism rings

Martin Palmer
Abstract

After recalling some definitions and facts about spectra from the previous two "respectra" talks, I will explain what Thom spectra are, and give many examples. The cohomology theories associated to various different Thom spectra include complex cobordism, stable homotopy groups, ordinary mod-2 homology.......

I will then talk about Thom's theorem: the ring of homotopy groups of a Thom spectrum is isomorphic to the corresponding cobordism ring. This allows one to use homotopy-theoretic methods (calculating the homotopy groups of a spectrum) to answer a geometric question (determining cobordism groups of manifolds with some specified structure). If time permits, I'll also describe the structure of some cobordism rings obtained in this way.

Wed, 30 Nov 2011

16:00 - 17:00
SR2

Classical and Cubical Small Cancellation Theory

David Hume
Abstract

Building on the previous talk, we continue the exploration of techniques required to understand Wise's results. We present an overview of classical small cancellation theory running in parallel with the newer one for cubical complexes.

Wed, 30 Nov 2011

16:00 - 17:30
L3

Interlaced Lattices

Umberto Rivieccio
(University of Birmingham)
Abstract

I will give an overview of some of the most interesting algebraic-lattice theoretical results on bilattices. I will focus in particular on the product construction that is used to represent a subclass of bilattices, the so-called 'interlaced bilattices', mentioning some alternative strategies to prove such a result. If time allows, I will discuss other algebras of logic related to bilattices (e.g., Nelson lattices) and their product representation.

Tue, 29 Nov 2011
17:00
L2

tba

Tue, 29 Nov 2011
15:00
SR2

tba

Tue, 29 Nov 2011
13:15
DH 3rd floor SR

Turbidity current dynamics - modelling sediment avalanches in the ocean

Gemma Fay
(Oxford Centre for Industrial and Applied Mathematics)
Abstract

Turbidity currents are fast-moving streams of sediment in the ocean 
which have the power to erode the sea floor and damage man-made
infrastructure anchored to the bed. They can travel for hundreds of
kilometres from the continental shelf to the deep ocean, but they are
unpredictable and can occur randomly without much warning making them
hard to observe and measure. Our main aim is to determine the distance
downstream at which the current will become extinct. We consider the
fluid model of Parker et al. [1986] and derive a simple shallow-water
description of the current which we examine numerically and analytically
to identify supercritical and subcritical flow regimes. We then focus on
the solution of the complete model and provide a new description of the
turbulent kinetic energy. This extension of the model involves switching
from a turbulent to laminar flow regime and provides an improved
description of the extinction process. 

Tue, 29 Nov 2011

12:00 - 13:00
L3

Quantum Field Theory: Where do we come from? What are we? Where are we going?

Nazim Bouatta (DAMTP)
Abstract

In recent decades, quantum field theory (QFT) has become the framework for

several basic and outstandingly successful physical theories. Indeed, it has

become the lingua franca of entire branches of physics and even mathematics.

The universal scope of QFT opens fascinating opportunities for philosophy.

Accordingly, although the philosophy of physics has been dominated by the

analysis of quantum mechanics, relativity and thermo-statistical physics,

several philosophers have recently undertaken conceptual analyses of QFT.

One common feature of these analyses is the emphasis on rigorous approaches,

such as algebraic and constructive QFT; as against the more heuristic and

physical formulations of QFT in terms of functional (also knows as: path)

integrals.

However, I will follow the example of some recent mathematicians such as

Atiyah, Connes and Kontsevich, who have adopted a remarkable pragmatism and

opportunism with regard to heuristic QFT, not corseted by rigor (as Connes

remarks). I will conceptually discuss the advances that have marked

heuristic QFT, by analysing some of the key ideas that accompanied its

development.  I will also discuss the interactions between these concepts in

the various relevant fields, such as particle physics, statistical

mechanics, gravity and geometry. 

Mon, 28 Nov 2011

17:00 - 18:00
Gibson 1st Floor SR

Homogenisation in finite elasticity for composites with a high contrast in the vicinity of rigid-body motions

Kirill Cherednichenko
(Cardiff University)
Abstract

I will describe a multiscale asymptotic framework for the analysis of the macroscopic behaviour of periodic

two-material composites with high contrast in a finite-strain setting. I will start by introducing the nonlinear

description of a composite consisting of a stiff material matrix and soft, periodically distributed inclusions. I shall then focus

on the loading regimes when the applied load is small or of order one in terms of the period of the composite structure.

I will show that this corresponds to the situation when the displacements on the stiff component are situated in the vicinity

of a rigid-body motion. This allows to replace, in the homogenisation limit, the nonlinear material law of the stiff component

by its linearised version. As a main result, I derive (rigorously in the spirit of $\Gamma$-convergence) a limit functional

that allows to establish a precise two-scale expansion for minimising sequences. This is joint work with M. Cherdantsev and

S. Neukamm.

Mon, 28 Nov 2011

15:45 - 16:45
L3

Ziggurats and rotation numbers

Danny Calegari
(Cambridge)
Abstract

I will discuss new rigidity and rationality phenomena

(related to the phenomenon of Arnold tongues) in the theory of

nonabelian group actions on the circle. I will introduce tools that

can translate questions about the existence of actions with prescribed

dynamics, into finite combinatorial questions that can be answered

effectively. There are connections with the theory of Diophantine

approximation, and with the bounded cohomology of free groups. A

special case of this theory gives a very short new proof of Naimi’s

theorem (i.e. the conjecture of Jankins-Neumann) which was the last

step in the classification of taut foliations of Seifert fibered

spaces. This is joint work with Alden Walker.

Mon, 28 Nov 2011
15:45
Oxford-Man Institute

Constructive quantization: approximation by empirical measures

Steffen Dereich
(Marburg University)
Abstract

The notion quantization originates from information theory, where it refers to the approximation of a continuous signal on a discrete set. Our research on quantization is mainly motivated by applications in quadrature problems. In that context, one aims at finding for a given probability measure $\mu$ on a metric space a discrete approximation that is supported on a finite number of points, say $N$, and is close to $\mu$ in a Wasserstein metric.

In general it is a hard problem to find close to optimal quantizations, if  $N$ is large and/or  $\mu$ is given implicitly, e.g. being the marginal distribution of a stochastic differential equation. In this talk we analyse the efficiency of empirical measures in the constructive quantization problem. That means the random approximating measure is the uniform distribution on $N$ independent $\mu$-distributed elements.

We show that this approach is order order optimal in many cases. Further, we give fine asymptotic estimates for the quantization error that involve moments of the density of the absolutely continuous part of $\mu$, so called high resolution formulas. The talk ends with an outlook on possible applications and open problems.

The talk is based on joint work with Michael Scheutzow (TU Berlin) and Reik Schottstedt (U Marburg).

Mon, 28 Nov 2011

14:15 - 15:15
L3

Fission varieties

Philip Boalch
(ENS Paris)
Abstract

I'll recall the quasi-Hamiltonian approach to moduli spaces of flat connections on Riemann surfaces, as a nice finite dimensional algebraic version of operations with loop groups such as fusion. Recently, whilst extending this approach to meromorphic connections, a new operation arose, which we will call "fission". As will be explained, this operation enables the construction of many new algebraic symplectic manifolds, going beyond those we were trying to construct.

Mon, 28 Nov 2011
14:15
Oxford-Man Institute

Metastability of supercritical zero range processes on a finite set

Claudio Landim
Abstract

We present some recent results on the metastability of continuous time Markov chains on finite sets using potential theory. This approach is applied to the case of supercritical zero range processes.

Mon, 28 Nov 2011

12:00 - 13:00
L3

Emergent IR CFTs in black hole physics

Joan Simon
(University of Edinburgh)
Abstract

I will discuss the dynamical emergence of IR conformal invariance describing the low energy excitations of near-extremal R-charged global AdS${}_5$ black holes. To keep some non-trivial dynamics in the sector of ${\cal N}=4$ SYM captured by the near horizon limits describing these IR physics, we are lead to study large N limits in the UV theory involving near vanishing horizon black holes. I will consider both near-BPS and non-BPS regimes, emphasising the differences in the local AdS${}_3$ throats emerging in both cases. I will compare these results with the predictions obtained by Kerr/CFT, obtaining a natural quantisation for the central charge of the near-BPS emergent IR CFT describing the open strings stretched between giant gravitons.

Fri, 25 Nov 2011
14:15
DH 1st floor SR

Optimal discretization of hedging strategies with jumps

Mathieu Rosenbaum
(University Paris 6)
Abstract

In this work, we consider the hedging error due to discrete trading in models with jumps. We propose a framework enabling to

(asymptotically) optimize the discretization times. More precisely, a strategy is said to be optimal if for a given cost function, no strategy has

(asymptotically) a lower mean square error for a smaller cost. We focus on strategies based on hitting times and give explicit expressions for

the optimal strategies. This is joint work with Peter Tankov.