2024 : 4 : 28
Afshin Babaei

Afshin Babaei

Academic rank: Associate Professor
ORCID: https://orcid.org/0000-0002-6980-9786
Education: PhD.
ScopusId: https://www.scopus.com/authid/detail.uri?authorId=57188696707
Faculty: Faculty of Mathematical Sciences
Address: Department of Mathematics, Faculty of Mathematical sciences, University of Mazandaran, Babolsar, Iran
Phone: 011-35302418

Research

Title
Approximate Solution fractional Black-Scholes equation with Caputo-Fabrizio derivative
Type
Presentation
Keywords
Fractional Black-Scholes equation- Caputo-Fabrizio derivative- Laplace transformation- Homotopy perturbation method.
Year
2016
Researchers Hossein Jafari ، Afshin Babaei ، Zeinab Zakarianejad

Abstract

In this paper the fractional Black-Scholes equation with Caputo-Fabrizio derivative for a European option problem will be considered. For obtaining a solution of this equation the Combined Laplace Transform- homotopy perturbation method is used. Finally, some examples are presented to illustrate the ability and efficiency of this numerical method.