Lie Symmetry Analysis of a Nonlinear Black–Scholes Equation in Illiquid Markets

We have conducted comprehensive Lie symmetry analysis of a nonlinear Black–Scholes equation that arises in illiquid markets. The equation incorporates nonlinearities arising from market constraints, such as transaction costs and liquidity effects. We have identified the admitted Lie point symmetries...

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Bibliographic Details
Main Author: Winter Sinkala
Format: Article
Language:English
Published: Wiley 2025-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/ijmm/4823421
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