The Approximate Analytic Solution of the Time-Fractional Black-Scholes Equation with a European Option Based on the Katugampola Fractional Derivative
In the finance market, it is well known that the price change of the underlying fractal transmission system can be modeled with the Black-Scholes equation. This article deals with finding the approximate analytic solutions for the time-fractional Black-Scholes equation with the fractional integral b...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-01-01
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| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/9/3/214 |