The Black–Scholes equation in finance: Quantum mechanical approaches

Abstract

In this paper, the Black–Scholes equation of the option pricing theory in order to minimize the risk through the stocks is studied. The solutions are obtained in terms of exceptional Laguerre polynomials. Moreover, higher-order supesymmetric representations are studied with a special case of third order. The Darboux transformation of the heat equation linked to the Black–Scholes system is given and a new potential is shown.