humas_fmipa

humas_fmipa

The Development of Fractional Black–Scholes Model Solution Using the Daftardar-Gejji Laplace Method for Determining Rainfall Index-Based Agricultural Insurance Premiums

A team of researchers from Universitas Padjadjaran, Indonesia—Astrid Sulistya Azahra, Muhamad Deni Johansyah, and Sukono—has developed a novel approach for determining rainfall index-based agricultural insurance premiums using a fractional Black–Scholes model solved with the Daftardar-Gejji Laplace method. The problem addressed…