Why Black-Scholes Equations Are Effective Beyond Their Usual Assumptions: Symmetry-Based Explanation

DOI10.1142/S0218488520400012OpenAlexW3019882344WikidataQ114614781 ScholiaQ114614781MaRDI QIDQ5876083

Warattaya Chinnakum, Sean Aguilar

Publication date: 31 January 2023

Published in: International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1142/s0218488520400012

zbMATH Keywords

scale invariancedecision making under uncertaintyfinancial optionsBlack-Scholes equations

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20)

Related Items (1)

Symmetry Breaking for Black–Scholes Equations

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