Abstract

This paper is devoted to the study of the general equation of the Ivancevic option pricing model (IOPM) or Schrodinger’s equation and to determine its analytical solution via the methods of numerical analysis ADM and SBA. The Ivancevic option pricing model is an adaptive wave model that is a nonlinear wave alternative to the standard Black-Scholes option pricing model, it is also a model that links quantum mechanics and financial mathematics.

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