Symmetries of the Black-Scholes-Merton equation for European options

Landysh N. Bakirova, Marina A. Shurygina, Vadim V. Shurygin

The aim of the present paper is the clarification of the result of A. Paliathanasis, K. Krishnakumar, K.M. Tamizhmani and P.G.L. Leach on the symmetry Lie algebra of the Black-Scho…