A third-order equation, similar to a Monge-Ampere equation, is studied
, this being achieved by first converting the equation to a 3 x 3-hydr
odynamics system. A Lax pair for this hydrodynamic system is construct
ed and the integrability of this system established. In the degenerate
case the equations reduce to a simpler integrable hydrodynamic equati
on and this case is also studied. The interpretation of this equation
as a higher-order Monge-Ampere equation leads to various generalizatio
ns which are discussed briefly.