Abstract
We establish local well-posedness results in weak periodic function spaces for the Cauchy problem of the Benney system. The Sobolev space is the lowest regularity attained and also we cover the energy space , where global well-posedness follows from the conservation laws of the system. Moreover, we show the existence of smooth explicit family of periodic travelling waves of \emph{dnoidal} type and we prove, under certain conditions, that this family is orbitally stable in the energy space.
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