Chaos for generalized Black-Scholes equations

Anna Maria Candela, Gisèle Ruiz Goldstein, Jerome A. Goldstein +1

The Nobel Prize winning Black-Scholes equation for stock options and the heat equation can both be written in the form \[ \frac{\partial u}{\partial t}=P_2(A)u, \] where $P_2(z)=αz…