Numerical computation of fractional Black–Scholes equation arising in financial market

Peer review under responsibility of Mansoura University.

Figures & data

Fig. 1 The surface shows the v(x, t) for (31(31) $\frac{{\partial }^{\alpha }v}{\partial t^{\alpha }}=\frac{{\partial }^{2}v}{\partial x^2}+(k-1)\frac{\partial v}{\partial x}-kv,0<\alpha \le 1,$(31) ) with respect to x and t, when α = 1 and k = 2.