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• W4380088377 abstract "In this work, by considering spatial uniform meshes and stencils having five adjacent discretization nodes, we furnish a numerical scheme to solve the time-fractional Black–Scholes (partial differential equation) PDE to price financial options under the generalized multiquadric radial basis function (RBF). The time-fractional derivative is estimated by an L1-scheme but the spatial variable is discretized using fourth-order RBF-FD methodology. As a matter of fact, the PDE problem is transformed in the form of a linear set of algebraic equations. To support analytical discussions, numerical tests are furnished and reveal the efficacy of the presented solver." @default.
• W4380088377 created "2023-06-10" @default.
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• W4380088377 date "2023-06-09" @default.
• W4380088377 modified "2023-10-18" @default.
• W4380088377 title "Investigation of Higher Order Localized Approximations for a Fractional Pricing Model in Finance" @default.
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• W4380088377 doi "https://doi.org/10.3390/math11122641" @default.
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