2025 : 10 : 14
Mir Sajjad Hashemi

Mir Sajjad Hashemi

Academic rank: Professor
ORCID:
Education: PhD.
ScopusId:
HIndex: 0/00
Faculty: Faculty of Basic Sciences
Address:
Phone: 04137745000-1641

Research

Title
ON BLACK-SCHOLES EQUATION; METHOD OF HEIR-EQUATIONS, NONLINEAR SELF-ADJOINTNESS AND CONSERVATION LAWS
Type
JournalPaper
Keywords
Black-Scholes equation, Heir-equation, nonclassical symmetry, nonlinear self-adjointness, conservation law
Year
2016
Journal Bulletin of the Iranian Mathematical Society
DOI
Researchers Mir Sajjad Hashemi

Abstract

In this paper, Heir-equations method is applied to investigate nonclassical symmetries and new solutions of the Black-Scholes equation. Nonlinear self-adjointness is proved and infinite number of conservation laws are computed by a new conservation law theorem.