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This paper proposes a numerical method for pricing foreign exchange (FX) options in a model which deals with stochastic interest rates and stochastic volatility of the FX rate. The model considers four stochastic drivers, each represented…

Computational Finance · Quantitative Finance 2019-03-05 Fazlollah Soleymani , Andrey Itkin

An initial-boundary value problem for a time-fractional subdiffusion equation with an arbitrary order elliptic differential operator is considered. Uniqueness and existence of the classical solution of the posed problem are proved by the…

General Mathematics · Mathematics 2020-06-16 Ravshan Ashurov , Oqila Muhiddinova

We present a numerical method to solve the optimal transport problem with a quadratic cost when the source and target measures are periodic probability densities. This method is based on a numerical resolution of the corresponding…

Numerical Analysis · Mathematics 2011-03-02 Louis-Philippe Saumier , Martial Agueh , Boualem Khouider

In this paper, a non-polynomial spectral Petrov-Galerkin method and associated collocation method for substantial fractional differential equations (FDEs) are proposed, analyzed, and tested. We extend a class of generalized Laguerre…

Numerical Analysis · Mathematics 2014-08-27 Can Huang , Qingshuo Song , Zhimin Zhang

In partial differential equations-based (PDE-based) inverse problems with many measurements, many large-scale discretized PDEs must be solved for each evaluation of the misfit or objective function. In the nonlinear case, evaluating the…

Numerical Analysis · Mathematics 2018-07-18 Selin Aslan , Eric de Sturler , Misha E. Kilmer

We describe a general operational method that can be used in the analysis of fractional initial and boundary value problems with additional analytic conditions. As an example, we derive analytic solutions of some fractional generalisation…

Analysis of PDEs · Mathematics 2013-04-04 Roberto Garra , Federico Polito

We introduce a new numerical method, based on Bernoulli polynomials, for solving multiterm variable-order fractional differential equations. The variable-order fractional derivative was considered in the Caputo sense, while the…

Numerical Analysis · Mathematics 2021-11-18 Somayeh Nemati , Pedro M. Lima , Delfim F. M. Torres

The object of the present paper is to extend the third-order iterative method for solving nonlinear equations into systems of nonlinear equations. Since our motive is to develop the method which improve the order of convergence of Newton's…

Numerical Analysis · Mathematics 2013-09-24 Anuradha Singh , J. P. Jaiswa

We propose a fully practical numerical scheme for the simulation of the stochastic total variation flow (STFV). The approximation is based on a stable time-implicit finite element space-time approximation of a regularized STVF equation. The…

Numerical Analysis · Mathematics 2022-05-05 Ľubomír Baňas , Martin Ondreját

Solving complex optimization problems in engineering and the physical sciences requires repetitive computation of multi-dimensional function derivatives. Commonly, this requires computationally-demanding numerical differentiation such as…

Numerical Analysis · Mathematics 2021-05-12 Danny Smyl , Tyler N. Tallman , Dong Liu , Andreas Hauptmann

The trigonometric interpolation has been recently applied to solve a second-order Fredholm integro-differentiable equation (FIDE). It achieves high accuracy with a moderate size of grid points and effectively addresses singularities of…

Numerical Analysis · Mathematics 2025-11-25 Xiaorong Zou

In this paper, the authors propose the utilization of Fibonacci Neural Networks (FNN) for solving arbitrary order differential equations. The FNN architecture comprises input, middle, and output layers, with various degrees of Fibonacci…

Number Theory · Mathematics 2024-08-27 Kushal Dhar Dwivedi , Anup Singh

This work aims to introduce the framework of polynomial optimization theory to solve fractional polynomial problems (FPPs). Unlike other widely used optimization frameworks, the proposed one applies to a larger class of FPPs, not…

Information Theory · Computer Science 2018-10-17 Andrea Pizzo , Alessio Zappone , Luca Sanguinetti

In this article we investigate a finite element formulation of strongly monotone quasi-linear elliptic PDEs in the context of fixed-point iterations. As opposed to Newton's method, which requires information from the previous iteration in…

Numerical Analysis · Mathematics 2015-07-01 Scott Congreve , Thomas P. Wihler

We introduce a new approximate solution technique for first-order Markov decision processes (FOMDPs). Representing the value function linearly w.r.t. a set of first-order basis functions, we compute suitable weights by casting the…

Artificial Intelligence · Computer Science 2012-07-09 Scott Sanner , Craig Boutilier

The solution of pseudo initial value differential equations, either ordinary or partial (including those of fractional nature), requires the development of adequate analytical methods, complementing those well established in the ordinary…

Mathematical Physics · Physics 2019-02-05 Nicolas Behr , Giuseppe Dattoli , Ambra Lattanzi

In this paper we study some cases of time-fractional nonlinear dispersive equations (NDEs) involving Caputo derivatives, by means of the invariant subspace method. This method allows to find exact solutions to nonlinear time-fractional…

Mathematical Physics · Physics 2014-10-30 P. Artale Harris , R. Garra

Spectral and spectral element methods using Galerkin type formulations are efficient for solving linear fractional PDEs (FPDEs) of constant order but are not efficient in solving nonlinear FPDEs and cannot handle FPDEs with variable-order.…

Numerical Analysis · Mathematics 2019-03-27 Tinggang Zhao , Zhiping Mao , George Em Karniadakis

In this paper, we consider spectral approximation of fractional differential equations (FDEs). A main ingredient of our approach is to define a new class of generalized Jacobi functions (GJFs), which is intrinsically related to fractional…

Numerical Analysis · Mathematics 2014-08-01 Sheng Chen , Jie Shen , Li-Lian Wang

An unsteady problem is considered for a space-fractional equation in a bounded domain. A first-order evolutionary equation involves the square root of an elliptic operator of second order. Finite element approximation in space is employed.…

Numerical Analysis · Mathematics 2015-10-29 Petr N. Vabishchevich
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