The modified homotopy perturbation method and its application to the dynamics of price evolution in Caputo-fractional order Black Scholes model

The modified homotopy perturbation method and its application to the dynamics of price evolution in Caputo-fractional order Black Scholes model

Abstract Background Following a financial loss in trades due to lack of risk management in previous models from market practitioners, Fisher Black and Myron Scholes visited the academic setting and were able to mathematically develop an option pricing equation named the Black–Scholes model. In this...

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Bibliographic Details
Main Authors: Adedapo Ismaila Alaje, Morufu Oyedunsi Olayiwola, Kamilu Adewale Adedokun, Joseph Adeleke Adedeji, Asimiyu Olamilekan Oladapo, Yunus Olanrewaju Akeem
Format: Article
Language:English
Published: SpringerOpen 2023-10-01
Series:Beni-Suef University Journal of Basic and Applied Sciences
Subjects:
Partial differential equations
Black Scholes model
Caputo fractional derivative
Modified homotopy perturbation method
Online Access:https://doi.org/10.1186/s43088-023-00433-1

Internet

https://doi.org/10.1186/s43088-023-00433-1

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