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We apply techniques of exponential asymptotics to the KdV equation to derive the small-time behaviour for dispersive waves that propagate in one direction. The results demonstrate how the amplitude, wavelength and speed of these waves depend on the strength and location of complex-plane singularities of the initial condition. Using matched asymptotic expansions, we show how the small-time dynamics of complex singularities of the time-dependent solution are dictated by a Painlevé II problem with decreasing tritronquée solutions. We relate these dynamics to the solution on the real line.
