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An explicit approximation to the wavelength of nonlinear waves

✍ Scribed by Hsien-Kuo Chang; Shi-Chuan Lin


Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
176 KB
Volume
26
Category
Article
ISSN
0029-8018

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✍ Jun Cheng; Song-Ping Zhu; Shi-Jun Liao πŸ“‚ Article πŸ“… 2010 πŸ› Elsevier Science 🌐 English βš– 329 KB

This paper derives an explicit series approximation solution for the optimal exercise boundary of an American put option by means of a new analytical method for strongly nonlinear problems, namely the homotopy analysis method (HAM). The Black-Sholes equation subject to the moving boundary conditions