Invariant approaches to equations of finance
type: Item
instance of: scholarly article
title: Invariant approaches to equations of finance
zbMATH Open document ID: 1390.91305
author: Y. Aharonov
published in: Mathematical \& Computational Applications
publication date: 2018-07-05T00:00:00Z
review text: Summary: We firstly show how effective it is to utilize the invariant criteria for scalar linear \((1+1)\) parabolic equations in order to perform reductions to the three Lie canonical forms of a bond-pricing model from finance. As a consequence we arrive at new results on bond-pricing equations that admit four nontrivial symmetries. In the second part we draw attention to a new method developed for equations of economics.
Mathematics Subject Classification ID: 91G20
Mathematics Subject Classification ID: 35Q91
Mathematics Subject Classification ID: 35A30
Mathematics Subject Classification ID: 35K10
zbMATH DE Number: 6898839
MaRDI profile type: Publication
full work available at URL: mca18030244
OpenAlex ID: W2301035982
DOI: 10.3390/MCA18030244
description: scientific article; zbMATH DE number 6898839