Abstract
Based on the gradient-holonomic algorithm we analyze the integrability property of the generalized hydrodynamical Riemann type equation for arbitrary The infinite hierarchies of polynomial and non-polynomial conservation laws, both dispersive and dispersionless are constructed. Special attention is paid to the cases and N=4 for which the conservation laws, Lax type representations and bi-Hamiltonian structures are analyzed in detail. We also show that the case N=2 is equivalent to a generalized Hunter-Saxton dynamical system, whose integrability follows from the results obtained. As a byproduct of our analysis we demonstrate a new set of non-polynomial conservation laws for the related Hunter-Saxton equation.
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