- Series
- PDE Seminar
- Time
- Tuesday, March 30, 2010 - 3:00pm for 1 hour (actually 50 minutes)
- Location
- Skiles 255
- Speaker
- Ryan Hynd – University of California
- Organizer
- Michael Lacey
We discuss a non-linear eigenvalue problem where the eigenvalue has a natural control-theoretic interpretation as an optimal "long-time averaged cost." We also show how such problems arise in financial market models with small transaction costs.