Differential Invariants and Application to Riccati-Type Systems

We generalize the classical Lie results on a basis of differential invariants for a one-parameter group of local transformations to the case of arbitrary number of independent and dependent variables. It is proved that if universal invariant of a one-parameter group is known then a complete set of functionally independent differential invariants can be constructed via one quadrature and differentiations. Some applications of first-order differential invariants to Riccati-type systems are also presented.