Der Idee von Geske und Johnson folgend wird der Preis einer amerikanischen Put-Option durch den Preis einer n-Bermuda-Put-Option approximiert. Die Problematik der Berechnung von der in der analytischen Bewertungsformeln von Geske und Johnson auftretenden multidimensionalen...

The Finite Element Method is a well-studied and well-understood method of solving partial differential equations. It's applicability to financial models formulated as PDEs is demonstrated. It's advantage concerning the computation of accurate "Greeks" is delineated. This is demonstrated with...

This study proposes a mathematical modeling approach for the physical capital diffusion through the borders of countries. Physical capital is considered a crucial variable for the economic growth of a nation. Here, we use an extension of the economic Solow model to describe how smuggling affects...

In this research work we apply the Homotopy Perturbation Method (HPM) to solve the Three-dimensional mathematical model of Novel Coronavirus differential equation, which is applied to investigate the transmittal dynamics Novel Coronavirus infection in public. We have got the solution which has...