Following Deift-Zhou's nonlinear steepest descent method, the long-time asymptotic behavior for the Cauchy problem of the 5th order modified Korteweg-de Vries equation is analyzed. Based on the inverse scattering transform, the 5th order MKdV is transformed to a 2 by 2 oscillatory Riemann-Hilbert problem, then by manipulating the Cauchy operator and reducing the degree of the phase function, the long-time asymptotics of the solution is given in terms of solutions of the parabolic cylinder equation.

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Long-time asymptotic behaviour for the fifth order modified Korteweg-de Vries equation