Back to Search Start Over

New studies for general fractional financial models of awareness and trial advertising decisions.

Authors :
Sweilam, Nasser H.
Abou Hasan, Muner M.
Baleanu, Dumitru
Source :
Chaos, Solitons & Fractals. Nov2017, Vol. 104, p772-784. 13p.
Publication Year :
2017

Abstract

In this paper, two numerical techniques are introduced to study numerically the general fractional advertising model. This system describes the flux of the consumers from unaware individuals group to aware or purchased group. The first technique is an asymptotically stable difference scheme, which was structured depending on the nonstandard finite difference method. This scheme preserves the properties of the solutions of the model problem as the positivity and the boundedness. The second technique is the Jacobi–Gauss–Lobatto spectral collocation method which is exponentially accurate. By means of this approach, such problem is reduced to solve a system of nonlinear algebraic equations and are greatly simplified the problem. Numerical comparisons to test the behavior of the used techniques are run out. We conclude from the computational work that: the Jacobi–Gauss–Lobatto spectral collocation method is more accurate whereas the nonstandard finite difference method requires less computational time. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09600779
Volume :
104
Database :
Academic Search Index
Journal :
Chaos, Solitons & Fractals
Publication Type :
Periodical
Accession number :
125806895
Full Text :
https://doi.org/10.1016/j.chaos.2017.09.013