A Semianalytical Solution of the Fractional Derivative Model and Its Application in Financial Market
Author
Source
Issue
Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2018-04-01
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
Fractional differential equation has been introduced to the financial theory, which presents new ideas and tools for the theoretical researches and the practical applications.
In the work, an approximate semianalytical solution of the time-fractional European option pricing model is derived using the method of combining the enhanced technique of Adomian decomposition method with the finite difference method.
And then the result is introduced in China’s financial market.
The work makes every effort to test the feasibility of the fractional derivative model in the actual financial market.
American Psychological Association (APA)
Song, Lina. 2018. A Semianalytical Solution of the Fractional Derivative Model and Its Application in Financial Market. Complexity،Vol. 2018, no. 2018, pp.1-10.
https://search.emarefa.net/detail/BIM-1133022
Modern Language Association (MLA)
Song, Lina. A Semianalytical Solution of the Fractional Derivative Model and Its Application in Financial Market. Complexity No. 2018 (2018), pp.1-10.
https://search.emarefa.net/detail/BIM-1133022
American Medical Association (AMA)
Song, Lina. A Semianalytical Solution of the Fractional Derivative Model and Its Application in Financial Market. Complexity. 2018. Vol. 2018, no. 2018, pp.1-10.
https://search.emarefa.net/detail/BIM-1133022
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1133022