scholarly journals Group Classification of a General Bond-Option Pricing Equation of Mathematical Finance

2014 ◽  
Vol 2014 ◽  
pp. 1-10 ◽  
Author(s):  
Tanki Motsepa ◽  
Chaudry Masood Khalique ◽  
Motlatsi Molati
Keyword(s):  
Option Pricing ◽  
Three Dimensional ◽  
Mathematical Finance ◽  
Group Classification ◽  
Lie Point Symmetries ◽  
Group Invariant ◽  
Black Scholes ◽  
Group Invariant Solutions ◽  
Bond Option

We carry out group classification of a general bond-option pricing equation. We show that the equation admits a three-dimensional equivalence Lie algebra. We also show that some of the values of the constants which result from group classification give us well-known models in mathematics of finance such as Black-Scholes, Vasicek, and Cox-Ingersoll-Ross. For all such values of these arbitrary constants we obtain Lie point symmetries. Symmetry reductions are then obtained and group invariant solutions are constructed for some cases.

scholarly journals Symmetry Solutions and Conservation Laws for the 3D Generalized Potential Yu-Toda-Sasa-Fukuyama Equation of Mathematical Physics

Symmetry ◽  
2021 ◽  
Vol 13 (11) ◽  
pp. 2058
Author(s):  
Chaudry Masood Khalique ◽  
Karabo Plaatjie ◽  
Oageng Lawrence Diteho
Keyword(s):  
Conservation Laws ◽  
Elliptic Integral ◽  
Three Dimensional ◽  
Mathematical Physics ◽  
Lie Point Symmetries ◽  
Invariant Solutions ◽  
Conservation Of Energy ◽  
Group Invariant ◽  
Generalized Potential ◽  
Group Invariant Solutions

In this paper we study the fourth-order three-dimensional generalized potential Yu-Toda-Sasa-Fukuyama (gpYTSF) equation by first computing its Lie point symmetries and then performing symmetry reductions. The resulting ordinary differential equations are then solved using direct integration, and exact solutions of gpYTSF equation are obtained. The obtained group invariant solutions include the solution in terms of incomplete elliptic integral. Furthermore, conservation laws for the gpYTSF equation are derived using both the multiplier and Noether’s methods. The multiplier method provides eight conservation laws, while the Noether’s theorem supplies seven conservation laws. These conservation laws include the conservation of energy and mass.

scholarly journals Classification of the Group Invariant Solutions for Contaminant Transport in Saturated Soils under Radial Uniform Water Flows

2014 ◽  
Vol 2014 ◽  
pp. 1-11 ◽  
Author(s):  
M. M. Potsane ◽  
R. J. Moitsheki
Keyword(s):  
Contaminant Transport ◽  
Saturated Soils ◽  
Lie Point Symmetries ◽  
Invariant Solutions ◽  
Deterministic Models ◽  
Group Invariant ◽  
Long Run ◽  
Stream Functions ◽  
Group Invariant Solutions ◽  
The One

The transport of chemicals through soils to the groundwater or precipitation at the soils surfaces leads to degradation of these resources. Serious consequences may be suffered in the long run. In this paper, we consider macroscopic deterministic models describing contaminant transport in saturated soils under uniform radial water flow backgrounds. The arising convection-dispersion equation given in terms of the stream functions is analyzed using classical Lie point symmetries. A number of exotic Lie point symmetries are admitted. Group invariant solutions are classified according to the elements of the one-dimensional optimal systems. We analyzed the group invariant solutions which satisfy the physical boundary conditions.

scholarly journals Lie Symmetry Analysis of Kudryashov-Sinelshchikov Equation

2011 ◽  
Vol 2011 ◽  
pp. 1-9 ◽  
Author(s):  
Mehdi Nadjafikhah ◽  
Vahid Shirvani-Sh
Keyword(s):  
Nonlinear Evolution ◽  
Lie Symmetry ◽  
Lie Symmetry Analysis ◽  
Group Invariant ◽  
Lie Symmetry Method ◽  
Group Invariant Solutions ◽  
Fifth Order ◽  
Symmetry Method ◽  
Preliminary Classification

The Lie symmetry method is performed for the fifth-order nonlinear evolution Kudryashov-Sinelshchikov equation. We will find ones and two-dimensional optimal systems of Lie subalgebras. Furthermore, preliminary classification of its group-invariant solutions is investigated.

scholarly journals The geometric origin of Lie point symmetries of the Schrödinger and the Klein–Gordon equations

2014 ◽  
Vol 11 (04) ◽  
pp. 1450037 ◽  
Author(s):  
Andronikos Paliathanasis ◽  
Michael Tsamparlis
Keyword(s):  
Schrödinger Equation ◽  
Schrodinger Equation ◽  
Gordon Equation ◽  
Three Dimensional ◽  
Lie Point Symmetries ◽  
Geometric Origin ◽  
Klein Gordon ◽  
Klein Gordon Equation

We determine the Lie point symmetries of the Schrödinger and the Klein–Gordon equations in a general Riemannian space. It is shown that these symmetries are related with the homothetic and the conformal algebra of the metric of the space, respectively. We consider the kinematic metric defined by the classical Lagrangian and show how the Lie point symmetries of the Schrödinger equation and the Klein–Gordon equation are related with the Noether point symmetries of this Lagrangian. The general results are applied to two practical problems: (a) The classification of all two- and three-dimensional potentials in a Euclidean space for which the Schrödinger equation and the Klein–Gordon equation admit Lie point symmetries; and (b) The application of Lie point symmetries of the Klein–Gordon equation in the exterior Schwarzschild spacetime and the determination of the metric by means of conformally related Lagrangians.

scholarly journals On optimal system, exact solutions and conservation laws of the modified equal-width equation

2018 ◽  
Vol 3 (2) ◽  
pp. 409-418 ◽  
Author(s):  
Chaudry Masood Khalique ◽  
Oke Davies Adeyemo ◽  
Innocent Simbanefayi
Keyword(s):  
Wave Propagation ◽  
Conservation Laws ◽  
Optimal System ◽  
Lie Point Symmetries ◽  
Invariant Solutions ◽  
Nonlinear Media ◽  
One Dimensional ◽  
Group Invariant ◽  
Group Invariant Solutions ◽  
Dimensional Wave

AbstractIn this paper we study the modified equal-width equation, which is used in handling simulation of a single dimensional wave propagation in nonlinear media with dispersion processes. Lie point symmetries of this equation are computed and used to construct an optimal system of one-dimensional subalgebras. Thereafter using an optimal system of one-dimensional subalgebras, symmetry reductions and new group-invariant solutions are presented. The solutions obtained are cnoidal and snoidal waves. Furthermore, conservation laws for the modified equal-width equation are derived by employing two different methods, the multiplier method and Noether approach.

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