3 ms·
I think the Black-Scholes option pricing model reapplied a well known result from neutron transport in nuclear engineering.
by tacon 6y ago
I think the Black-Scholes option pricing model reapplied a well known result from neutron transport in nuclear engineering.
- deleted 6y ago[deleted]
- jjk166 6y agoBoth the Black-Scholes formula and the Neutron Transport Equation are instances of the heat equation, which describes a wide variety of different phenomena.