• Title of article

    On analytical solutions of the Black–Scholes equation

  • Author/Authors

    Bohner، نويسنده , , Martin and Zheng، نويسنده , , Yao، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2009
  • Pages
    5
  • From page
    309
  • To page
    313
  • Abstract
    This work presents a theoretical analysis for the Black–Scholes equation. Given a terminal condition, the analytical solution of the Black–Scholes equation is obtained by using the Adomian approximate decomposition technique. The mathematical technique employed in this work also has significance in studying some other problems in finance theory.
  • Keywords
    analytical solution , Black–Scholes equation , Adomian decomposition
  • Journal title
    Applied Mathematics Letters
  • Serial Year
    2009
  • Journal title
    Applied Mathematics Letters
  • Record number

    1525744