• Journal of the Korean Mathematical Society
• /
• v.59 no.2
• /
• pp.311-335
• /
• 2022

This paper treats Merton's classical portfolio optimization problem for a market participant who invests in safe assets and risky assets to maximize the expected utility. When the state process is a d-dimensional Markov diffusion, this problem is transformed into a problem of solving a Hamilton-Jacobi-Bellman (HJB) equation. The main purpose of this paper is to solve this HJB equation by a deep learning algorithm: the deep Galerkin method, first suggested by J. Sirignano and K. Spiliopoulos. We then apply the algorithm to get the solution to the HJB equation and compare with the result from the finite difference method.

• Steel and Composite Structures
• /
• v.32 no.3
• /
• pp.293-304
• /
• 2019

In the present paper, the element free Galerkin (EFG) method is developed for geometrically nonlinear analysis of deep beams considering small scale effect. To interpret the behavior of structure at the nano scale, the higher-order gradient elasticity nonlocal theory is taken into account. The radial point interpolation method with high order of continuity is used to construct the shape functions. The nonlinear equation of motion is derived using the principle of the minimization of total potential energy based on total Lagrangian approach. The Newmark method with the small time steps is used to solve the time dependent equations. At each time step, the iterative Newton-Raphson technique is applied to minimize the residential forces caused by the nonlinearity of the equations. The effects of nonlocal parameter and aspect ratio on stiffness and dynamic parameters are discussed by numerical examples. This paper furnishes a ground to develop the EFG method for large deformation analysis of structures considering small scale effects.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.4 no.3
• /
• pp.53-61
• /
• 1984

A nonlinear formulation of a beam finite element(NB6) on the total Lagrangian mode for the geometrically nonlinear analysis of two-dimensional elastic framed structures is presented. The NB6 beam element has been degenerated from the three-dimensional continuum by introducing the deep beam assumptions and consists of three reference nodes and three relative nodes. The element characteristics are derived by discretizing the beam equations of motion using the Galerkin weighted residual method and are reduced-integrated repeatedly for each loading step by the Newton-Raphson iteration techpique. Several numerical examples are given to demonstrate the accuracy and versatility of the proposed nonlinear NB6 beam element.

• International Journal of Naval Architecture and Ocean Engineering
• /
• v.10 no.6
• /
• pp.692-710
• /
• 2018

The Three-dimensional (3-D) dynamical behaviors of a fluid-conveying pipe subjected to vortex-induced vibration are investigated with different internal flow velocity ${\nu}$. The values of the internal flow velocity are considered in both subcritical and supercritical regimes. During the study, the 3-D nonlinear equations are discretized by the Galerkin method and solved by a fourth-order Runge-Kutta method. The results indicate that for a constant internal flow velocity ${\nu}$ in the subcritical regime, the peak Cross-flow (CF) amplitude increases firstly and then decrease accompanied by amplitude jumps with the increase of the external reduced velocity. While two response bands are observed in the In-line (IL) direction. For the dynamics in the lock-in condition, 3-D periodic, quasi-periodic and chaotic vibrations are observed. A variety of CF and IL responses can be detected for different modes with the increase of ${\nu}$. For the cases studied in the supercritical regime, the dynamics shows a great diversity with that in the subcritical regime. Various dynamical responses, which include 3-D periodic, quasi-periodic as well as chaotic motions, are found while both CF and IL responses are coupled while ${\nu}$ is beyond the critical value. Besides, the responses corresponding to different couples of ${\mu}_1$ and ${\mu}_2$ are obviously distinct from each other.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.6 no.1
• /
• pp.61-68
• /
• 1986

A set of the shape functions which perfectly satisfy the homogeneous Euler Equations has been proposed for deep beam problems. A finite element beam model using the proposed shape functions has been derived by the Galerkin weighted residual method and used to analyze the numerical examples without reduced shear integration, to show the accuracy and efficiency of the proposed shape functions. The result shows that the finite element model using the proposed shape functions gives very accurate solutions for both static and free vibration analyses. The concept of the proposed shape functions is thought to be applied for the finite element analysis of the elasto-static problems.

• Steel and Composite Structures
• /
• v.24 no.2
• /
• pp.151-176
• /
• 2017

This paper deals with general equations of motion for free vibration analysis response of thick three-layer doubly curved sandwich panels (DCSP) under simply supported boundary conditions (BCs) using higher order shear deformation theory. In this model, the face sheets are orthotropic laminated composite that follow the first order shear deformation theory (FSDT) based on Rissners-Mindlin (RM) kinematics field. The core is made of orthotropic material and its in-plane transverse displacements are modeled using the third order of the Taylor's series extension. It provides the potentiality for considering both compressible and incompressible cores. To find these equations and boundary conditions, Hamilton's principle is used. Also, the effect of trapezoidal shape factor for cross-section of curved panel element ($1{\pm}z/R$) is considered. The natural frequency parameters of DCSP are obtained using Galerkin Method. Convergence studies are performed with the appropriate formulas in general form for three-layer sandwich plate, cylindrical and spherical shells (both deep and shallow). The influences of core stiffness, ratio of core to face sheets thickness and radii of curvatures are investigated. Finally, for the first time, an optimum range for the core to face sheet stiffness ratio by considering the existence of in-plane stress which significantly affects the natural frequencies of DCSP are presented.