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Appearances of pseudo-bosons from Black-Scholes equation

Mathematical Physics 2016-05-04 v1 math.MP

Abstract

It is a well known fact that the Black-Scholes equation admits an alternative representation as a Schr\"odinger equation expressed in terms of a non self-adjoint hamiltonian. We show how {\em pseudo-bosons}, linear or not, naturally arise in this context, and how they can be used in the computation of the pricing kernel.

Keywords

Cite

@article{arxiv.1603.02792,
  title  = {Appearances of pseudo-bosons from Black-Scholes equation},
  author = {Fabio Bagarello},
  journal= {arXiv preprint arXiv:1603.02792},
  year   = {2016}
}

Comments

In press in Journal of Mathematical Physics