We find fundamental solutions in closed form for a family of parabolic equations with two spatial variables, whose symmetry groups had been determined in an earlier paper by Finkel [12]. We show how these results can be applied in finance to yield closed form solutions for special affine and...

We present a kinetic theory for one-dimensional inhomogeneous systems with weak long-range interactions. Starting from the Klimontovich equation and using a quasilinear theory valid at order 1/N in a proper thermodynamic limit N→+∞, we obtain a closed kinetic equation describing the...

We study the evaporation of stars from globular clusters using the simplified Chandrasekhar model [S. Chandrasekhar, Dynamical friction. II. The rate of escape of stars from clusters and the evidence for the operation of dynamical friction, Astrophys. J. 97 (1943) 263]. This is an analytically...

When considering the hydrodynamics of Brownian particles, one is confronted to a difficult closure problem. One possibility to close the hierarchy of hydrodynamic equations is to consider a strong friction limit. This leads to the Smoluchowski equation that reduces to the ordinary diffusion...

Non-Markovian effects on the Brownian movement of a free particle in the presence as well as in the absence of inertial force are investigated under the framework of generalized Fokker–Planck equations (Rayleigh and Smoluchowski equations). More specifically, it is predicted that non-Markovian...

The dynamics of a degree of freedom associated to an axial vector in contact with a heat bath is described by means of a probability distribution function obeying a Fokker–Planck equation. The equation is derived by using mesoscopic non-equilibrium thermodynamics and permits a formulation of a...

Using multiscale analysis and methods of statistical physics, we show that a solution to the N-atom Liouville equation can be decomposed via an expansion in terms of a smallness parameter ϵ, wherein the long scale time behavior depends upon a reduced probability density that is a function of...

In this paper we study the anomalous diffusion process driven by fractional Brownian motion delayed by general infinitely divisible subordinator. We show the analyzed process is the stochastic representation of the Fokker–Planck type equation that describes the probability density function of...

A novel approach to the dynamics of dilute solutions of polymer molecules under flow conditions is proposed by applying the rules of mesoscopic nonequilibrium thermodynamics (MNET). The probability density describing the state of the system is taken to be a function of the position and velocity...