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Stochastic Population Growth Model Using Three-Point Fractional Formula

  • Al-Zaytoonah University of Jordan

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

3 Scopus citations

Abstract

This paper aims to present a numerical solution to the fractional stochastic population growth model equation by using modified three-point fractional formula. Such a formula, which can be derived from the generalized Taylor theorem, is used to approximate Riemann-Liouville fractional integral operator. To show the effectiveness of the numerical method, the approximate solution is compared with the exact solution coupled with the approximate solution generated from the Euler-Maruyama method. Finally, the results of numerical experiments are supported with graphs for completeness.

Original languageEnglish
Title of host publicationMathematical Analysis and Numerical Methods - IACMC 2023
EditorsAliaa Burqan, Rania Saadeh, Ahmad Qazza, Osama Yusuf Ababneh, Juan C. Cortés, Kai Diethelm, Dia Zeidan
PublisherSpringer
Pages457-465
Number of pages9
ISBN (Print)9789819748754
DOIs
StatePublished - 2024
Event8th International Arab Conference on Mathematics and Computations, IACMC 2023 - Zarqa, Jordan
Duration: 10 May 202312 May 2023

Publication series

NameSpringer Proceedings in Mathematics and Statistics
Volume466
ISSN (Print)2194-1009
ISSN (Electronic)2194-1017

Conference

Conference8th International Arab Conference on Mathematics and Computations, IACMC 2023
Country/TerritoryJordan
CityZarqa
Period10/05/2312/05/23

Keywords

  • Euler-Maruyama method
  • Fractional calculus
  • Stochastic differential equations

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