Kinetic FRG Young Researchers Workshop
March 2-5, 2009

CSIC Building (#406), Seminar Room 4122.

A Kinetic Approach in Price Formation

Dr. Maria Gualdani

University of Texas at Austin

Abstract: We present a kinetic model describing formation of price, introduced by Lasry-Lions in 2006. The model is a system of second order parabolic equations, and the price is given by a free boundary. The talk will give an overview of some recent results, including regularity for the free boundary and long time behavior.