GET THE APP

# Journal of Applied & Computational Mathematics

ISSN: 2168-9679

Open Access

### Volume 6, Issue 3 (2017)

Research Article Pages: 1 - 8

### Symmetry Analysis of Options Pricing with Transactions Costs Driven by Fractional Brownian Noises

We provide a closed-form solution for the European and Asian option pricing models when the source of randomness is a fractional Brownian motion as opposed to the geometric Brownian motion. In addition to the source of randomness, transaction costs are considered to be non-negligible. For the case of the European option, proportional transaction costs hide in the volatility and do not change the form of the model. The construction of the solution is based on the symmetries of the model. The model for Asian options has an additional parameter that makes the volatility time-dependent, which complicates the solution process. However, we are still able to obtain solutions using Lie symmetry methods.

Research Article Pages: 1 - 8

### Vaccination as a Control of Infectious Diseases

This project develops the SIR model of infectious diseases and uses it to study vaccination as a control strategy used to eradicate them. Vaccination combats the disease by offering immunity against future infection. Analytic expressions are obtained for key parameters such as the minimum vaccination level required. Numerical simulations are used to illustrate the main results.

Research Article Pages: 1 - 7

### Stability of Prey-Predator Model with Holling type Response Function and Selective Harvesting

The use of mathematical models in prey predator interplay is common to solve the interdisciplinary natural problems. This paper reports analytical advancement of measuring selective harvesting activity of prey proportional to their population size and studied the stability of the model using Holling type functional response. In this paper, we analysed four prey-predatory model and considered prey and predator as a X and Y axis respectively followed by applied variational matrix and Holling I and II type response function for equilibrium and local stability measurement. Simulation experiments were carried out. Further, numerical analysis was done with help of MATLAB packages at MS window 7. Analysis of result showed prey and predator population converges asymptotically to their equilibrium values when t (time) tends to infinity and corresponding spiral phase portraits obtained. Interestingly analysis of result showed the behaviour of prey and predator with respect to time and phase portrait of the system near the equilibrium point. Above analysis indicated that application of vibrational matrix and holing type response function give better understand ability of prey predator interplay of biological forces

Research Article Pages: 1 - 4

### On Application of Development of Test Statistic for Testing Unequal Group Variances

In this paper, an already proposed test-statistic for testing equality of means under unequal population variances is applied. When the group variances differ, using pooled sample variance will give an inappropriate result as a single value for the variances. This kind of problem in statistics is commonly referred to as Brehen-Fisher problem in the k-sample location problems. A proposed unbiased sample harmonic mean of variances 2 HS was examined and found useful for unequal variances which have received a considerable attention in the area of medical and biological sciences. Little or nothing has been achieved in social sciences that form a major part of this work. Data from the six geopolitical zones on road crashes in Nigeria from the year 2004 to 2013 was used to ascertain the consistency of the result with the literature which was found useful and relevant for the proposed developed test statistic. It was observed that using this proposed test statistic, the number of road crashes was significant in some geopolitical zones in Nigeria which was ordinarily latent to pool sample variance.

Research Article Pages: 1 - 4

### Modified Variational Iteration Method for the Numerical Solutions of some Non-Linear Fredholm Integro-Differential Equations of the Second Kind

This paper provides approximate solutions to some nonlinear Fredholm-Integro differential equations of the second kind by using a Modified Variational Iteration Method. Comparison of the approximate solutions of this method with other known methods shows that the Modified Variational Iteration scheme is more accurate, reliable and readily implemented.

Research Article Pages: 1 - 5

### The Improved exp(−ϕ(ξ)) Fractional Expansion Method and its Application to Nonlinear Fractional Sharma-Tasso-Olver Equation

In this paper, we propose a new method called exp(−ÃƒÂÃ‚â€¢(ξ)) fractional expansion method to seek traveling wave solutions of the nonlinear fractional Sharma-Tasso-Olver equation. The result reveals that the method together with the new fractional ordinary differential equation is a very inÃƒÂ¯Ã‚Â¬Ã‚â€šuential and effective tool for solving nonlinear fractional partial differential equations in mathematical physics and engineering. The obtained solutions have been articulated by the hyperbolic functions, trigonometric functions and rational functions with arbitrary constants.

Research Article Pages: 1 - 5

### On the Oscillations of Nonlinear Third Order Neutral Differential Equations

This paper is concerned with the oscillation of solutions of a class of third order nonlinear neutral differential equations. New sufficient conditions guarantee that every solution is either oscillatory or tends to zero are given. The obtained results improve some recent published results in the literature. Some illustrative examples are given.

Research Article Pages: 1 - 6

### Green’s Function Solution of Non-Homogenous Regular Sturm-Liouville Problem

In this paper, we propose a new method called exp(−ÃƒÂÃ‚â€¢(ξ)) fractional expansion method to seek traveling wave solutions of the nonlinear fractional Sharma-Tasso-Olver equation. The result reveals that the method together with the new fractional ordinary differential equation is a very inÃƒÂ¯Ã‚Â¬Ã‚â€šuential and effective tool for solving nonlinear fractional partial differential equations in mathematical physics and engineering. The obtained solutions have been articulated by the hyperbolic functions, trigonometric functions and rational functions with arbitrary constants

Research Article Pages: 1 - 8

### Numerical Investigation of the Effect of Curvature and Reynold's Number to Radial Velocity in a Curved Porous Pipe

Different irrigation methods are being used in agriculture. However, due to scarcity of water, irrigation methods that use water efficiently are needed. The Motivation of this study is the increasing use of porous pipes to meet this requirement. The objective of this study is to investigate the effect of curvature and Reynold’s number on radial velocity profile of water across a porous wall of a curved pipe with circular cross-section, constant permeability, k and porosity, φ. The momentum equations of the two dimensional flow are written in toroidal coordinates. The main flow in the pipe is only characterized by δ and Re as the only non-dimensional groups of numbers. We also considered the flow to be fully developed, unsteady, laminar and irrotational. Darcy law is used to analyse the flow across the porous membrane. The main flow was coupled with the flow through the porous wall of the pipe. The equations were solved using finite difference method. It was observed that effect of curvature on the velocity across the pipe wall is negligible while an increase in Reynold’s number leads to an increase in the radial velocity. The findings of this study are important in the design of porous pipes and also in their use during irrigation.

Research Article Pages: 1 - 3

### Regularity of Solutions of Degenerate Parabolic Non-linear Equations and Removability of Solutions

In this paper we prove regularity of solutions of degenerate parabolic nonlinear equations. We also the proof of a removability theorem for solutions to degenerate parabolic nonlinear equations.

Research Article Pages: 1 - 7

### Numerical Solution for Solving System of Fuzzy Nonlinear Integral Equation by using Modified Decomposition Method

In this paper, we intend to offer system of fuzzy nonlinear integral equation also numerical scheme to solve. By using the new and fast technique to solve our problem. We try to discuss some numerical aspects such as convergence and error analysis. Finally, accuracy and applicability of the proposed methods are carried out along with comparisons using some numerical examples.

Research Article Pages: 1 - 3

### Univalence Criteria for General Integral Operators using the Struve and Bessel Functions

In this paper, we consider the class of Bessel functions and the class of Struve functions. We obtain some univalence criteria for two general integral operators.

#### Journal Highlights

###### Citations: 1282

Journal of Applied & Computational Mathematics received 1282 citations as per Google Scholar report