Compatible pairs of Hamiltonian operators of the first and third orders

We compute general compatibility conditions between a weakly nonlocal homogeneous Hamiltonian operator and a third-order homogeneous Hamiltonian operator. Such operators determine a bi-Hamiltonian structure for many integrable PDEs (Korteweg–De Vries, Camassa–Holm, dispersive water waves, Dym, WDVV and others). Remarkably, the full set of conditions is purely algebraic and the first-order operator is completely determined by commuting systems of conservation laws that are Hamiltonian with respect to the third-order operator. We illustrate the above results with several examples, some of which, concerning WDVV equations, are new.