The transaction cost model of Guy Barles and Halil Mete Soner is incorporated into the standard Black Scholes Equation. The resulting model is solved by a numerical method, called, the meshfree approximation using radial basis function. The errors produced by the scheme are discu...
Open access
Research Article10.9734/ajpas/2020/v8i330210
Differential equations play significant role in the world of finance since most problems in these areas are modeled by differential equations. Majority of these problems are sometimes nonlinear and are normally solved by the use of numerical methods. This work takes a critical lo...
Open access
Research Article10.9734/ajpas/2019/v5i330138
In this article, we apply the optimal control theory to a new age-structured malaria model with three infectious compartments for people under five years, over five years and pregnant women. The model is formulated for malaria endemic areas in the world and the following malaria...
Open access
Research Article10.9734/jamcs/2019/v30i630096
A new dynamic model for the malaria disease has been developed for areas where the whole populace is at risk and exposure to the malaria infection is continuous throughout the year. In this model, the two vulnerable groups that is, infectious people those under 5years and pregna...
Open access
Research Article10.9734/JAMCS/2019/46649
This paper examined the factors predicting microfinance credit default in Northern Ghana. Data was collected from 409 microcredit beneficiaries of Nsoatreman Rural Bank who were located in urban, semi-rural and rural areas. Logistic regression was used to analyse the data. It was...
Open access
Research Article10.9734/JAMCS/2018/33569
Estimation of parameters (rate constants) in infectious disease models can be done either through literature or from clinical data. This article presents parameter estimation of a disease model from clinical data using the numerical integration followed by minimization of the err...
Open access
Research Article10.9734/JAMCS/2017/34641
The hypothesis of the spin of an electron, leading to its angular momentum, is no longer an open question, in science. Experimental evidence like the hydrogen fine structure and the Stern-Gerlach experiment in the 1920s and, recently, Nuclear Magnetic Resonance (NMR) have for lon...
Open access
Research Article10.9734/BJAST/2016/26498
The paper is intended to use mathematical models for controlling fluctuations in the price of maize by employing a nonlinear continuous time delay differential equation derived from linear demand and nonlinear supply functions of price. The delay parameters reflect the realities...
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Research Article10.9734/BJMCS/2015/14892
This paper seeks to study the price dynamics of maize in Ghana, in the context of mathematical modelling using continuous-time cobweb models derived from linear and nonlinear delay differential equations. The stability conditions of two cobweb models: continuous-time linear and n...
Open access
Research Article10.9734/BJMCS/2014/13484
Face recognition is a dedicated process in the human brain. Automatic face recognition is rewarding since an efficient and resilient recognition system is useful in many application areas. Recent face recognition algorithms are still faced with the challenge of recognizing face i...
Open access
Research Article10.9734/BJMCS/2016/22141