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math.AP2025
Existence of traveling waves for vector valued gradient flows
Xinfu Chen, Zhilei Liang
Allen-Cahn equation is a fundamental continuum model that describes phase transitions in multi-component mixtures. We prove the existence of traveling waves for vector valued Allen…
q-fin.MF2025
Optimal Contract Design with Quadratic Effort Cost
Xinfu Chen, Shuaijie Qian, Guan Qiao
The existence of an optimal contract of the principal-agent problem is a central issue in contract design. According to Cvitanić et al. [2], such an optimal contract can be derived…