In this paper, a mathematical model containing two-parameter Mittag-Leffler function in its definition is proposed to be used for the first time to fit the relation between unemployment rate and inflation rate, also known as the Phillips curve. The Phillips curve is in the literature often represented by an exponential-like shape. On the other hand, Phillips in his fundamental paper used a powe...

A new type of an integrable mapping is presented. This map is equipped with fractional difference and possesses an exact solution, which can be regarded as a discrete analogue of the Mittag-Leffler function.

This paper introduces techniques for the estimation of solutions to fractional order differential equations (FODEs) and the approximation of a function’s Caputo fractional derivative. These techniques are based on scattered data interpolation via reproducing kernel Hilbert spaces (RKHSs). Specifically, an RKHS is generated for the purpose of estimating fractional derivatives from the Mittag-Lef...

In the finance market, it is well known that price change of underlying fractal transmission system can be modeled with Black-Scholes equation. This article deals finding approximate analytic solutions for time-fractional equation fractional integral boundary condition a European option pricing problem in Katugampola derivative sense. It generalizes both Riemann–Liouville and Hadamard derivativ...

In this paper, we deal with the convolution series that are a far reaching generalization of conventional power and fractional exponents including Mittag-Leffler type functions. Special attention is given to most interesting case generated by Sonine kernels. first formulate prove second fundamental theorem for general integrals $n$-fold sequential derivatives both Riemann-Liouville Caputo types...

In this communique, we present a new family of Nussbaum functions expressed by Mittag–Leffler functions under certain conditions. © 2009 Elsevier Ltd. All rights reserved.

This paper deals with the investigation of the computational solutions of a unified fractional reaction-diffusion equation, which is obtained from the standard diffusion equation by replacing the time derivative of first order by the generalized Riemann–Liouville fractional derivative defined by others and the space derivative of second order by the Riesz–Feller fractional derivative and adding...

In a series of papers, Saxena, Mathai, and Haubold (2002, 2004a, 2004b) derived solutions of a number of fractional kinetic equations in terms of generalized Mittag-Leffler functions which provide the extension of the work of Haubold and Mathai (1995, 2000). The subject of the present paper is to investigate the solution of a fractional reaction-diffusion equation. The results derived are of ge...

In a series of papers, Saxena, Mathai, and Haubold (2002, 2004a, 2004b) derived solutions of a number of fractional kinetic equations in terms of generalized Mittag-Leffler functions which provide the extension of the work of Haubold and Mathai (1995, 2000). The subject of the present paper is to investigate the solution of a fractional reaction-diffusion equation. The results derived are of ge...