On Comparative Analysis for the Black-Scholes Model in the Generalized Fractional Derivatives Sense via Jafari Transform

The Black-Scholes model is well known for determining the behavior of capital asset pricing models in the finance sector. The present article deals with the Black-Scholes model via the Caputo fractional derivative and Atangana-Baleanu fractional derivative operator in the Caputo sense, respectively. The Jafari transform is merged with the Adomian decomposition method and new iterative transform method. It is worth mentioning that the Jafari transform is the unification of several existing transforms. Besides that, the convergence and uniqueness results are carried out for the aforesaid model. In mathematical terms, the variety of equations and their solutions have been discovered and identified with various novel features of the projected model. To provide additional context for these ideas, numerous sorts of illustrations and tabulations are presented. The precision and efficacy of the proposed technique suggest its applicability for a variety of nonlinear evolutionary problems.

Reachability and Observability of Positive Linear Electrical Circuits Systems Described by Generalized Fractional Derivatives

Positive linear electrical circuits systems described by generalized fractional derivatives are studied in this paper. We mainly focus on the reachability and observability of linear electrical circuits systems. Firstly, generalized fractional derivatives and ρ-Laplace transform of f is presented and some preliminary results are provided. Secondly, the positivity of linear electrical circuits systems described by generalized fractional derivatives is investigated and conditions for checking positivity of the systems are derived. Thirdly, reachability and observability of the generalized fractional derivatives systems are studied, in which the ρ-Laplace transform of a Mittag-Leffler function plays an important role. At the end of the paper, illustrative electrical circuits systems are presented, and conclusions of the paper are presented.

Generalized Fractional Calculus for Gompertz-Type Models

This paper focuses on the construction of deterministic and stochastic extensions of the Gompertz curve by means of generalized fractional derivatives induced by complete Bernstein functions. Precisely, we first introduce a class of linear stochastic equations involving a generalized fractional integral and we study the properties of its solutions. This is done by proving the existence and uniqueness of Gaussian solutions of such equations via a fixed point argument and then by showing that, under suitable conditions, the expected value of the solution solves a generalized fractional linear equation. Regularity of the absolute p-moment functions is proved by using generalized Grönwall inequalities. Deterministic generalized fractional Gompertz curves are introduced by means of Caputo-type generalized fractional derivatives, possibly with respect to other functions. Their stochastic counterparts are then constructed by using the previously considered integral equations to define a rate process and a generalization of lognormal distributions to ensure that the median of the newly constructed process coincides with the deterministic curve.

Variational Problems with Time Delay and Higher-Order Distributed-Order Fractional Derivatives with Arbitrary Kernels

In this work, we study variational problems with time delay and higher-order distributed-order fractional derivatives dealing with a new fractional operator. This fractional derivative combines two known operators: distributed-order derivatives and derivatives with respect to another function. The main results of this paper are necessary and sufficient optimality conditions for different types of variational problems. Since we are dealing with generalized fractional derivatives, from this work, some well-known results can be obtained as particular cases.

On Some Properties of the New Generalized Fractional Derivative with Non-Singular Kernel

This paper presents some new formulas and properties of the generalized fractional derivative with non-singular kernel that covers various types of fractional derivatives such as the Caputo–Fabrizio fractional derivative, the Atangana–Baleanu fractional derivative, and the weighted Atangana–Baleanu fractional derivative. These new properties extend many recent results existing in the literature. Furthermore, the paper proposes some interesting inequalities that estimate the generalized fractional derivatives of some specific functions. These inequalities can be used to construct Lyapunov functions with the aim to study the global asymptotic stability of several fractional-order systems arising from diverse fields of science and engineering.

New Variational Problems with an Action Depending on Generalized Fractional Derivatives, the Free Endpoint Conditions, and a Real Parameter

This work presents optimality conditions for several fractional variational problems where the Lagrange function depends on fractional order operators, the initial and final state values, and a free parameter. The fractional derivatives considered in this paper are the Riemann–Liouville and the Caputo derivatives with respect to an arbitrary kernel. The new variational problems studied here are generalizations of several types of variational problems, and therefore, our results generalize well-known results from the fractional calculus of variations. Namely, we prove conditions useful to determine the optimal orders of the fractional derivatives and necessary optimality conditions involving time delays and arbitrary real positive fractional orders. Sufficient conditions for such problems are also studied. Illustrative examples are provided.

Existence theorems for $ \Psi $-fractional hybrid systems with periodic boundary conditions

<abstract><p>This research paper deals with two novel varieties of boundary value problems for nonlinear hybrid fractional differential equations involving generalized fractional derivatives known as the $ \Psi $-Caputo fractional operators. Such operators are generated by iterating a local integral of a function with respect to another increasing positive function $ \Psi $. The existence results to the proposed systems are obtained by using Dhage's fixed point theorem. Two pertinent examples are provided to confirm the feasibility of the obtained results. Our presented results generate many special cases with respect to different values of a $ \Psi $ function.</p></abstract>