TY - GEN
T1 - Stochastic Population Growth Model Using Three-Point Fractional Formula
AU - Alshorm, Shameseddin
AU - Batiha, Iqbal M.
N1 - Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024.
PY - 2024
Y1 - 2024
N2 - 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.
AB - 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.
KW - Euler-Maruyama method
KW - Fractional calculus
KW - Stochastic differential equations
UR - https://www.scopus.com/pages/publications/85206920756
U2 - 10.1007/978-981-97-4876-1_31
DO - 10.1007/978-981-97-4876-1_31
M3 - Conference contribution
AN - SCOPUS:85206920756
SN - 9789819748754
T3 - Springer Proceedings in Mathematics and Statistics
SP - 457
EP - 465
BT - Mathematical Analysis and Numerical Methods - IACMC 2023
A2 - Burqan, Aliaa
A2 - Saadeh, Rania
A2 - Qazza, Ahmad
A2 - Ababneh, Osama Yusuf
A2 - Cortés, Juan C.
A2 - Diethelm, Kai
A2 - Zeidan, Dia
PB - Springer
T2 - 8th International Arab Conference on Mathematics and Computations, IACMC 2023
Y2 - 10 May 2023 through 12 May 2023
ER -