This paper is aimed at solving the nonlinear time-fractional partial differential equation with two small parameters arising from option pricing model in financial economics.The traditional reproducing kernel(RK)metho...This paper is aimed at solving the nonlinear time-fractional partial differential equation with two small parameters arising from option pricing model in financial economics.The traditional reproducing kernel(RK)method which deals with this problem is very troublesome.This paper proposes a new method by adaptive multi-step piecewise interpolation reproducing kernel(AMPIRK)method for the first time.This method has three obvious advantages which are as follows.Firstly,the piecewise number is reduced.Secondly,the calculation accuracy is improved.Finally,the waste time caused by too many fragments is avoided.Then four numerical examples show that this new method has a higher precision and it is a more timesaving numerical method than the others.The research in this paper provides a powerful mathematical tool for solving time-fractional option pricing model which will play an important role in financial economics.展开更多
In this study, a reliable algorithm to develop approximate solutions for the problem of fluid flow over a stretching or shrinking sheet is proposed. It is depicted that the differential transform method (DTM) solution...In this study, a reliable algorithm to develop approximate solutions for the problem of fluid flow over a stretching or shrinking sheet is proposed. It is depicted that the differential transform method (DTM) solutions are only valid for small values of the independent variable. The DTM solutions diverge for some differential equations that extremely have nonlinear behaviors or have boundary-conditions at infinity. For this reason the governing boundary-layer equations are solved by the Multi-step Differential Transform Method (MDTM). The main advantage of this method is that it can be applied directly to nonlinear differential equations without requiring linearization, discretization, or perturbation. It is a semi analytical-numerical technique that formulizes Taylor series in a very different manner. By applying the MDTM the interval of convergence for the series solution is increased. The MDTM is treated as an algorithm in a sequence of intervals for finding accurate approximate solutions for systems of differential equations. It is predicted that the MDTM can be applied to a wide range of engineering applications.展开更多
This paper employs a multi-parameter multi-step chaos control method, which is built up on the OGY method, to stabilize desirable UPOs of a gear system with elastomeric web as a high-dimensional and non-hyperbolic cha...This paper employs a multi-parameter multi-step chaos control method, which is built up on the OGY method, to stabilize desirable UPOs of a gear system with elastomeric web as a high-dimensional and non-hyperbolic chaotic system, and the analyses are carried out. Three types of relations between components of a certain control parameter combination are defined in a certain control process. Special emphasis is put on the comparison of control efficiencies of the multi-parameter multi-step method and single-parameter multi-step method. The numerical experiments show the ability to switch between different orbits and the method can be a good chaos control alternative since it provides a more effective UPOs stabilization of high-dimensional and non-hyperbolic chaotic systems than the single-parameter chaos control, and according to the relation between components of each parameter combination, the best combination for chaos control in a certain UPO stabilization process are obtained.展开更多
The techniques to forecast available parking space(APS) are indispensable components for parking guidance systems(PGS). According to the data collected in Newcastle upon Tyne, England, the changing characteristics of ...The techniques to forecast available parking space(APS) are indispensable components for parking guidance systems(PGS). According to the data collected in Newcastle upon Tyne, England, the changing characteristics of APS were studied. Thereafter, aiming to build up a multi-step APS forecasting model that provides richer information than a conventional one-step model, the largest Lyapunov exponents(largest LEs) method was introduced into PGS. By experimental tests conducted using the same dataset, its prediction performance was compared with traditional wavelet neural network(WNN) method in both one-step and multi-step processes. Based on the results, a new multi-step forecasting model called WNN-LE method was proposed, where WNN, which enjoys a more accurate performance along with a better learning ability in short-term forecasting, was applied in the early forecast steps while the Lyapunov exponent prediction method in the latter steps precisely reflect the chaotic feature in latter forecast period. The MSE of APS forecasting for one hour time period can be reduced from 83.1 to 27.1(in a parking building with 492 berths) by using largest LEs method instead of WNN and further reduced to 19.0 by conducted the new method.展开更多
Multistep integration methods are being extensively used in the simulations of high dimensional systems due to their lower computational cost.The block methods were developed with the intent of obtaining numerical res...Multistep integration methods are being extensively used in the simulations of high dimensional systems due to their lower computational cost.The block methods were developed with the intent of obtaining numerical results on numerous points at a time and improving computational efficiency.Hybrid block methods for instance are specifically used in numerical integration of initial value problems.In this paper,an optimized hybrid block Adams block method is designed for the solutions of linear and nonlinear first-order initial value problems in ordinary differential equations(ODEs).In deriving themethod,the Lagrange interpolation polynomial was employed based on some data points to replace the differential equation function and it was integrated over a specified interval.Furthermore,the convergence properties along with the region of stability of the method were examined.It was concluded that the newly derived method is convergent,consistent,and zero-stable.The method was also found to be A-stable implying that it covers the whole of the left/negative half plane.From the numerical computations of absolute errors carried out using the newly derived method,it was found that the method performed better than the ones with which we compared our results with.Themethod also showed its superiority over the existing methods in terms of stability and convergence.展开更多
基金the National Natural Science Foundation of China(Grant Nos.71961022,11902163,12265020,and 12262024)the Natural Science Foundation of Inner Mongolia Autonomous Region of China(Grant Nos.2019BS01011 and 2022MS01003)+5 种基金2022 Inner Mongolia Autonomous Region Grassland Talents Project-Young Innovative and Entrepreneurial Talents(Mingjing Du)2022 Talent Development Foundation of Inner Mongolia Autonomous Region of China(Ming-Jing Du)the Young Talents of Science and Technology in Universities of Inner Mongolia Autonomous Region Program(Grant No.NJYT-20-B18)the Key Project of High-quality Economic Development Research Base of Yellow River Basin in 2022(Grant No.21HZD03)2022 Inner Mongolia Autonomous Region International Science and Technology Cooperation High-end Foreign Experts Introduction Project(Ge Kai)MOE(Ministry of Education in China)Humanities and Social Sciences Foundation(Grants No.20YJC860005).
文摘This paper is aimed at solving the nonlinear time-fractional partial differential equation with two small parameters arising from option pricing model in financial economics.The traditional reproducing kernel(RK)method which deals with this problem is very troublesome.This paper proposes a new method by adaptive multi-step piecewise interpolation reproducing kernel(AMPIRK)method for the first time.This method has three obvious advantages which are as follows.Firstly,the piecewise number is reduced.Secondly,the calculation accuracy is improved.Finally,the waste time caused by too many fragments is avoided.Then four numerical examples show that this new method has a higher precision and it is a more timesaving numerical method than the others.The research in this paper provides a powerful mathematical tool for solving time-fractional option pricing model which will play an important role in financial economics.
文摘In this study, a reliable algorithm to develop approximate solutions for the problem of fluid flow over a stretching or shrinking sheet is proposed. It is depicted that the differential transform method (DTM) solutions are only valid for small values of the independent variable. The DTM solutions diverge for some differential equations that extremely have nonlinear behaviors or have boundary-conditions at infinity. For this reason the governing boundary-layer equations are solved by the Multi-step Differential Transform Method (MDTM). The main advantage of this method is that it can be applied directly to nonlinear differential equations without requiring linearization, discretization, or perturbation. It is a semi analytical-numerical technique that formulizes Taylor series in a very different manner. By applying the MDTM the interval of convergence for the series solution is increased. The MDTM is treated as an algorithm in a sequence of intervals for finding accurate approximate solutions for systems of differential equations. It is predicted that the MDTM can be applied to a wide range of engineering applications.
基金Sponsored by the National High Technology Research and Development Program of China(Grant No.2009AA04Z404)
文摘This paper employs a multi-parameter multi-step chaos control method, which is built up on the OGY method, to stabilize desirable UPOs of a gear system with elastomeric web as a high-dimensional and non-hyperbolic chaotic system, and the analyses are carried out. Three types of relations between components of a certain control parameter combination are defined in a certain control process. Special emphasis is put on the comparison of control efficiencies of the multi-parameter multi-step method and single-parameter multi-step method. The numerical experiments show the ability to switch between different orbits and the method can be a good chaos control alternative since it provides a more effective UPOs stabilization of high-dimensional and non-hyperbolic chaotic systems than the single-parameter chaos control, and according to the relation between components of each parameter combination, the best combination for chaos control in a certain UPO stabilization process are obtained.
基金Project(2012CB725402)supported by the National Key Basic Research Program of ChinaProjects(51338003,50908051)supported by the National Natural Science Foundation of China
文摘The techniques to forecast available parking space(APS) are indispensable components for parking guidance systems(PGS). According to the data collected in Newcastle upon Tyne, England, the changing characteristics of APS were studied. Thereafter, aiming to build up a multi-step APS forecasting model that provides richer information than a conventional one-step model, the largest Lyapunov exponents(largest LEs) method was introduced into PGS. By experimental tests conducted using the same dataset, its prediction performance was compared with traditional wavelet neural network(WNN) method in both one-step and multi-step processes. Based on the results, a new multi-step forecasting model called WNN-LE method was proposed, where WNN, which enjoys a more accurate performance along with a better learning ability in short-term forecasting, was applied in the early forecast steps while the Lyapunov exponent prediction method in the latter steps precisely reflect the chaotic feature in latter forecast period. The MSE of APS forecasting for one hour time period can be reduced from 83.1 to 27.1(in a parking building with 492 berths) by using largest LEs method instead of WNN and further reduced to 19.0 by conducted the new method.
基金This research was funded by Fundamental Research Grant Scheme(FRGS)under the Ministry of Higher Education Malaysia,grant number with project ref:FRGS/1/2019/STG06/UTP/03/2.
文摘Multistep integration methods are being extensively used in the simulations of high dimensional systems due to their lower computational cost.The block methods were developed with the intent of obtaining numerical results on numerous points at a time and improving computational efficiency.Hybrid block methods for instance are specifically used in numerical integration of initial value problems.In this paper,an optimized hybrid block Adams block method is designed for the solutions of linear and nonlinear first-order initial value problems in ordinary differential equations(ODEs).In deriving themethod,the Lagrange interpolation polynomial was employed based on some data points to replace the differential equation function and it was integrated over a specified interval.Furthermore,the convergence properties along with the region of stability of the method were examined.It was concluded that the newly derived method is convergent,consistent,and zero-stable.The method was also found to be A-stable implying that it covers the whole of the left/negative half plane.From the numerical computations of absolute errors carried out using the newly derived method,it was found that the method performed better than the ones with which we compared our results with.Themethod also showed its superiority over the existing methods in terms of stability and convergence.