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We construct a conformally invariant random family of closed curves in the plane by welding of random homeomorphisms of the unit circle. The homeomorphism is constructed using the exponential of$βX$, where X is the restriction of the 2-dimensional free field on the circle and the parameter$β$is in the “high temperature” regime $$ \beta < \sqrt {2} $$ . The welding problem is solved by studying a non-uniformly elliptic Beltrami equation with a random complex dilatation. For the existence a method of Lehto is used. This requires sharp probabilistic estimates to control conformal moduli of annuli and they are proven by decomposing the free field as a sum of independent fixed scale fields and controlling the correlations of the complex dilatation restricted to dyadic cells of various scales. For the uniqueness we invoke a result by Jones and Smirnov on conformal removability of Hölder curves. Our curves are closely related to SLE($ϰ$) for$ϰ$<4.

We construct a moduli space of stable pairs over a smooth projective variety, parametrizing morphisms from a fixed coherent sheaf to a varying sheaf of fixed topological type, subject to a stability condition. This generalizes the notion used by Pandharipande and Thomas, following Le Potier, where the fixed sheaf is the structure sheaf of the variety. We then describe the relevant deformation and obstruction theories. We also show the existence of the virtual fundamental class in special cases.

We prove the Landau-Ginzburg/Calabi-Yau correspondence between the Gromov-Witten theory of each elliptic orbifold curve and its Fan-Jarvis-Ruan-Witten theory counterpart via modularity. We show that the correlation functions in these two enumerative theories are different representations of the same set of quasi-modular forms, expanded around different points on the upper-half plane. We relate these two representations by the Cayley transform.

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