Laplace Transform Method for Economic Models With Constant Proportional Caputo Derivative

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GOLD

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Yes

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Abstract

In this study, we solved the economic models based on market equilibrium with constant proportional Caputo derivative using the Laplace transform. We proved the accuracy and efficiency of the method. We constructed the relations between the solutions of the problems and bivariate Mittag-Leffler functions.

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Keywords

Laplace Transforms, Constant Proportional Caputo Derivative, Modeling, QA299.6-433, Laplace transforms, QA1-939, Thermodynamics, constant proportional Caputo derivative, modeling, QC310.15-319, Mathematics, Analysis

Fields of Science

0101 mathematics, 01 natural sciences

Citation

Akgül, Esra Karataş; Akgül, Ali; Baleanu, Dumitru (2020). "Laplace transform method for economic models with constant proportional caputo derivative", Fractal and Fractional, Vol. 4, No. 3, pp. 1-10.

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OpenCitations Citation Count
27

Volume

4

Issue

3

Start Page

30

End Page

10
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CrossRef : 27

Scopus : 40

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Mendeley Readers : 12

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