Exploring the Analytical Solutions to the Economical Model via Three Different Methods. (22nd April 2023)

• Record Type: Journal Article
• Authors: Raheel, M.; Ali, Khalid K.; Zafar, Asim; Bekir, Ahmet; Arqub, Omar Abu; Abukhaled, Marwan
• Other Names: Garcia Pacheco Francisco J. Academic Editor.
• Is Part Of: Journal of mathematics. Volume 2023(2023)
• Publication Date: 2023-04-22
• Subjects: Mathematics -- Periodicals; Mathematics; Periodicals; 510
• DOI: 10.1155/2023/1416097
• Languages: English
• ISSNs: 2314-4629

Abstract

Abstract : In this article, the analytical solutions of economically important model named as the Ivancevic option pricing model (IOPM) along new definition of derivative have been explored. For this purpose, exp a function, extended sinh-Gordon equation expansion (EShGEE) and extended G ′ / G -expansion methods have been utilized. The resulting solutions are dark, bright, dark-bright, periodic, singular, and other kinds of solutions. These solutions are obtained and also verified by a Mathematica tool. Some of the gained results are explained by 2-D, 3-D, and contour plots.