A Dependable Numerical Approach for Solving a Nonlinear Generalized Fractional Distributed-Order Black-Scholes Equation
In this research, we explore the nonlinear generalized distributed-order time-fractional Black-Scholes equation using an implicit numerical approach. Finite difference techniques are employed to approximate the time and spatial derivatives. Our numerical results exhibit high accuracy, underscoring the method’s robustness in addressing financial models. Additionally, our approach offers significant advantages in computational efficiency and stability. By […]
