A New Solution to the Fractional Black–Scholes Equation Using the Daftardar-Gejji Method

The main objective of this study is to determine the existence and uniqueness of solutions to the fractional Black–Scholes equation. The solution to the fractional Black–Scholes equation is expressed as an infinite series of converging Mittag-Leffler functions. The method used to discover the new so...

Full description

Bibliographic Details
Main Authors: Agus Sugandha, Endang Rusyaman, Sukono, Ema Carnia
Format: Article
Language:English
Published: MDPI AG 2023-12-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/11/24/4887