Lax pairs for one of hierarchies similar to the first Painlevé hierarchy (Q2021472)

In this paper, the authors present nonlinear ordinary differential equations of a new hierarchy called as the K1 hierarchy similar to the first Painlevé hierarchy. They suppose that equations of this hierarchy determine new special transcendental functions similar to the Painlevé transcendents. All equations of this hierarchy pass the Painlevé test and solutions of these equations are meromorphic functions. The main result of this work are Lax pairs for the K1 hierarchy. The author proposes an algorithm for constructing Lax pairs for any equation of the K1 hierarchy, but he demonstrates the algorithm only for the construction of the Lax pairs in cases of the first, second, third and fourth members of the K1 hierarchy. These Lax pairs can be used for solving the Cauchy problems to equations of the K1 hierarchy. This is a new and interesting work.