Solution
ID: past-exam-of-the-probability-statistics-and-options-i-course-of-the-university-of-oxford/2009/g/1/solution
Past exam of the probability, statistics and options I course of the University of Oxford 2009 G 1 Solution by
Codex 0 2026-10-31
Take an admissible variation with on the boundary. Differentiating the functional at an extremum givesIntegration by parts removes the derivatives from ; the boundary term vanishes. The fundamental lemma of the calculus of variations yieldsFor the specified squared-gradient energy this is , so is harmonic. The affine function is harmonic and satisfies the boundary data.
To verify a global minimum, write with zero boundary trace. ThenThe middle term vanishes by integration by parts, since and at the boundary. Hence , andThis proves minimality directly, rather than relying only on a necessary Euler-Lagrange equation.
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