• Title/Summary/Keyword: double obstacle problem

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Time-dependent Double Obstacle Problem Arising from European Option Pricing with Transaction Costs

  • Jehan, Oh;Namgwang, Woo
    • Kyungpook Mathematical Journal
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    • v.62 no.4
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    • pp.615-640
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    • 2022
  • In this paper, we investigate a time-dependent double obstacle problem associated with the model of European call option pricing with transaction costs. We prove the existence and uniqueness of a W2,1p,loc solution to the problem. We then characterize the behavior of the free boundaries in terms of continuity and values of limit points.

An Automatic Mover for a Double-parked Car (이중 주차된 차량용 자동 이동 장치)

  • Lee, Myungsub;Lee, Jun-Beom;Sung, Young Whee
    • Journal of the Institute of Convergence Signal Processing
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    • v.19 no.1
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    • pp.20-27
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    • 2018
  • In this paper, the problem of a double-parked car has been investigated and a method to solve it is studied. Double parking is very common in a public parking lot with insufficient parking space. If a double-parked car blocked the way, a person needs to push the double-parked car to move it. The problem is that moving a double-parked car with hands is very hard and dangerous, especially for the old and the weak. To solve the above mentioned problem, an automatic mover for a double-parked car is proposed and developed. The basic idea is that a double-parked car can be moved by rolling its one wheel. Two rollers are designed and manufactured, which are used to roll a wheel of a double-parked car. The developed automatic mover has two rollers, two driving wheels, and four castors. It also has several ultrasonic sensors so that it can detect obstacles in the way and prevent possible collision. It is verified through several experiments that the developed automatic mover can move a double-parked car safely and easily.