Search results for "finite difference"

showing 10 items of 122 documents

Operator splitting methods for American option pricing

2004

Abstract We propose operator splitting methods for solving the linear complementarity problems arising from the pricing of American options. The space discretization of the underlying Black-Scholes Scholes equation is done using a central finite-difference scheme. The time discretization as well as the operator splittings are based on the Crank-Nicolson method and the two-step backward differentiation formula. Numerical experiments show that the operator splitting methodology is much more efficient than the projected SOR, while the accuracy of both methods are similar.

Backward differentiation formulaMathematical optimizationPartial differential equationDiscretizationApplied MathematicsFinite difference methodSemi-elliptic operatorTime discretizationValuation of optionsComplementarity theoryLinear complementarity problemCrank–Nicolson methodOperator splitting methodAmerican optionMathematicsApplied Mathematics Letters
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The finite element method for the mechanically based model of non-local continuum

2011

SUMMARY In this paper the finite element method (FEM) for the mechanically based non-local elastic continuum model is proposed. In such a model each volume element of the domain is considered mutually interacting with the others, beside classical interactions involved by the Cauchy stress field, by means of central body forces that are monotonically decreasing with their inter-distance and proportional to the product of the interacting volume elements. The constitutive relations of the long-range interactions involve the product of the relative displacement of the centroids of volume elements by a proper, distance-decaying function, which accounts for the decrement of the long-range interac…

Body forceNumerical AnalysisCauchy stress tensorApplied MathematicsNumerical analysisMathematical analysisConstitutive equationGeneral EngineeringFinite difference methodVolume elementElasticity (economics)Finite element methodMathematicsInternational Journal for Numerical Methods in Engineering
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Transfer coefficients for the liquid–vapor interface of a two-component mixture

2011

Abstract We present the excess entropy production for heat and mass transport across an interface of a non-ideal two-component mixture, using as interface variables the excess densities proposed by Gibbs. With the help of these variables we define the interface as an autonomous system in local equilibrium and study its transport properties. The entropy production determines the conjugate fluxes and forces, and equivalent forms are given. The forms contain finite differences of intensive variables into and across the surface as driving forces. These expressions for the fluxes serve as boundary conditions for integration across heterogeneous systems that are far from global equilibrium. The r…

ChemistryEntropy productionApplied MathematicsGeneral Chemical EngineeringEnthalpyFinite differenceThermodynamicsGeneral ChemistryIndustrial and Manufacturing EngineeringThermal conductivityMass transferHeat transferBoundary value problemOrder of magnitudeChemical Engineering Science
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A Generalised RBF Finite Difference Approach to Solve Nonlinear Heat Conduction Problems on Unstructured Datasets

2011

Radial Basis Functions have traditionally been used to provide a continuous interpolation of scattered data sets. However, this interpolation also allows for the reconstruction of partial derivatives throughout the solution field, which can then be used to drive the solution of a partial differential equation. Since the interpolation takes place on a scattered dataset with no local connectivity, the solution is essentially meshless. RBF-based methods have been successfully used to solve a wide variety of PDEs in this fashion. Such full-domain RBF methods are highly flexible and can exhibit spectral convergence rates Madych & Nelson (1990). However, in their traditional implementation the fu…

CollocationPartial differential equationMeshless freezing nonlinear heat conduction phase change radial basis functionLinear systemMathematical analysisFinite differenceApplied mathematicsBasis functionDomain decomposition methodsRadial basis functionInterpolationMathematics
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Some techniques for improving the resolution of finite difference component-wise WENO schemes for polydisperse sedimentation models

2014

Polydisperse sedimentation models can be described by a system of conservation laws for the concentration of each species of solids. Some of these models, as the Masliyah-Locket-Bassoon model, can be proven to be hyperbolic, but its full characteristic structure cannot be computed in closed form. Component-wise finite difference WENO schemes may be used in these cases, but these schemes suffer from an excessive diffusion and may present spurious oscillations near shocks. In this work we propose to use a flux-splitting that prescribes less numerical viscosity for component-wise finite difference WENO schemes. We compare this technique with others to alleviate the diffusion and oscillatory be…

Computational MathematicsNumerical AnalysisConservation lawWork (thermodynamics)ViscositySedimentation (water treatment)Component (thermodynamics)Applied MathematicsMathematical analysisFinite differenceDiffusion (business)Resolution (algebra)MathematicsApplied Numerical Mathematics
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Numerical simulation of radiated EMI in 42V electrical automotive architectures

2006

The work is focused on the evaluation of radiated electromagnetic interference generated by dc/dc converters in 42 V systems automotive environment. The results obtained by using the method of moments and the finite difference time domain method, separately, are presented and validated in comparison with those measured in a semi-anechoic electromagnetic chamber. A measurement system set up by the authors is employed. Both the used numerical approaches are proved to be an useful tool for radiated disturbance prediction, and also for electromagnetic compatibility oriented design of the vehicle electrical architecture.

Computer simulationComputer scienceFinite-difference time-domain methodFinite difference methodElectromagnetic compatibilityMethod of moments (statistics)method of moments (MoM)Automotive electronicsElectromagnetic interferenceElectronic Optical and Magnetic MaterialsSettore ING-IND/31 - Elettrotecnica42 V road vehicle electrical systemsfinite-difference time-domain (FDTD) methodEMIElectronic engineeringelectromagnetic compatibility (EMC)42 V vehicle electrical systemsEMI EMC FDTD method MoMElectrical and Electronic Engineering
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Lattice-Boltzmann and finite difference simulations for the permeability of three-dimensional porous media

2002

Numerical micropermeametry is performed on three dimensional porous samples having a linear size of approximately 3 mm and a resolution of 7.5 $\mu$m. One of the samples is a microtomographic image of Fontainebleau sandstone. Two of the samples are stochastic reconstructions with the same porosity, specific surface area, and two-point correlation function as the Fontainebleau sample. The fourth sample is a physical model which mimics the processes of sedimentation, compaction and diagenesis of Fontainebleau sandstone. The permeabilities of these samples are determined by numerically solving at low Reynolds numbers the appropriate Stokes equations in the pore spaces of the samples. The physi…

Condensed Matter - Materials ScienceFinite differenceLattice Boltzmann methodsCompactionMaterials Science (cond-mat.mtrl-sci)FOS: Physical sciencesReynolds numberDisordered Systems and Neural Networks (cond-mat.dis-nn)MechanicsCondensed Matter - Disordered Systems and Neural NetworksGranular materialPhysics::GeophysicsPermeability (earth sciences)symbols.namesakesymbolsCalculusPorosityPorous mediumMathematics
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High Order Extrapolation Techniques for WENO Finite-Difference Schemes Applied to NACA Airfoil Profiles

2017

Finite-difference WENO schemes are capable of approximating accurately and efficiently weak solutions of hyperbolic conservation laws. In this context high order numerical boundary conditions have been proven to increase significantly the resolution of the numerical solutions. In this paper a finite-difference WENO scheme is combined with a high order boundary extrapolation technique at ghost cells to solve problems involving NACA airfoil profiles. The results obtained are comparable with those obtained through other techniques involving unstructured meshes.

Conservation lawExtrapolationFinite differenceBoundary (topology)Context (language use)010103 numerical & computational mathematics01 natural sciencesNACA airfoil010101 applied mathematicsApplied mathematicsPolygon meshBoundary value problem0101 mathematicsMathematics
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Flux-gradient and source-term balancing for certain high resolution shock-capturing schemes

2009

Abstract We present an extension of Marquina’s flux formula, as introduced in Fedkiw et al. [Fedkiw RP, Merriman B, Donat R, Osher S. The penultimate scheme for systems of conservation laws: finite difference ENO with Marquina’s flux splitting. In: Hafez M, editor. Progress in numerical solutions of partial differential equations, Arcachon, France; July 1998], for the shallow water system. We show that the use of two different Jacobians at cell interfaces prevents the scheme from satisfying the exact C -property [Bermudez A, Vazquez ME. Upwind methods for hyperbolic conservation laws with source terms. Comput Fluids 1994;23(8):1049–71] while the approximate C -property is satisfied for high…

Conservation lawPartial differential equationGeneral Computer ScienceGeneral EngineeringFinite differenceFluxGeometryTerm (logic)symbols.namesakeScheme (mathematics)Jacobian matrix and determinantsymbolsOrder (group theory)Applied mathematicsMathematicsComputers & Fluids
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Long-range cohesive interactions of non-local continuum faced by fractional calculus

2008

Abstract A non-local continuum model including long-range forces between non-adjacent volume elements has been studied in this paper. The proposed continuum model has been obtained as limit case of two fully equivalent mechanical models: (i) A volume element model including contact forces between adjacent volumes as well as long-range interactions, distance decaying, between non-adjacent elements. (ii) A discrete point-spring model with local springs between adjacent points and non-local springs with distance-decaying stiffness connecting non-adjacent points. Under the assumption of fractional distance-decaying interactions between non-adjacent elements a fractional differential equation in…

Constitutive equationFractional calculuLong-range forceLong-range forcesMaterials Science(all)Modelling and SimulationGeneral Materials ScienceBoundary value problemLimit (mathematics)Volume elementMathematicsNon-local modelContinuum (topology)Multiple integralMechanical EngineeringApplied MathematicsMathematical analysisFractional finite differencesFractional calculusNon-local modelsCondensed Matter PhysicsFractional calculusMechanics of MaterialsModeling and SimulationBounded functionSettore ICAR/08 - Scienza Delle CostruzioniInternational Journal of Solids and Structures
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