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Guanlong Ren

Publications and source records attributed to Guanlong Ren.

2 recordsLinked to original sources

Bilinearization-reduction approach to the classical and nonlocal semi-discrete modified Korteweg-de Vries equations with nonzero backgrounds

Quasi double Casoratian solutions are derived for a bilinear system reformulated from the coupled semi-discrete modified Korteweg-de Vries equations with nonzero backgrounds. These solutions, when applied with the classical and nonlocal reduction techniques, also satisfy the corresponding classical and nonlocal semi-discrete modified Korteweg-de Vries equations with nonzero backgrounds. They can be expressed explicitly, allowing for an easy investigation of the dynamics of systems. As illustrative examples, the dynamics of solitonic, periodic and rational solutions with a plane wave background are examined for the focusing semi-discrete Korteweg-de Vries equation and the defocusing reverse-space-time complex semi-discrete Korteweg-de Vries equation.

nlin.SI

Dynamic Programming with Recursive Preferences: Optimality and Applications

This paper provides new conditions for dynamic optimality in discrete time and uses them to establish fundamental dynamic programming results for several commonly used recursive preference specifications. These include Epstein-Zin preferences, risk-sensitive preferences, narrow framing models and recursive preferences with sensitivity to ambiguity. The results obtained for these applications include (i) existence of optimal policies, (ii) uniqueness of solutions to the Bellman equation, (iii) a complete characterization of optimal policies via Bellman's principle of optimality, and (iv) a globally convergent method of computation via value function iteration.

econ.GN