Honors College Theses
Publication Date
2016
Major
Mathematics (B.S.)
Release Option
Open Access
Faculty Mentor
Enka Lakuriqi
Abstract
First, we present and define the Black-Scholes equation which is used to model assets on the stock market. After that, we derive the heat equation that describes how the temperature increases through a homogeneous material. Finally, we detail how the two equations are related. We introduce and relate the Black-Scholes equation and Heat Equation.
Copyright
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Recommended Citation
Joyner, Charles D., "Black-Scholes Equation and Heat Equation" (2016). Honors College Theses. 548.
https://digitalcommons.georgiasouthern.edu/honors-theses/548
