We consider fractional mathematical models of fluid-porous interfaces in channel geometry. This provokes us to deal with numerical identification of the external boundary conditions for 1D and 2D time fractional parabolic problems on disjoint domains. First, we discuss the time discretization, then we decouple the full inverse problem into two Dirichlet problems at each time level. On this base, we develop decomposition techniques to obtain exact formulas for the unknown boundary conditions at point measurements. A discrete version of the analytical approach is realized on time adaptive mesh for different fractional order of the equations in each of the disjoint domains. A variety of numerical examples are discussed.

In the present work, a fractional temporal SIR model is considered. The total population is divided into three compartments—susceptible, infected and removed individuals. It generalizes the classical SIR model and consists of three coupled time-fractional ordinary differential equations (ODEs). The fractional derivative is introduced to account for the subdiffusion process of confirmed, cured and deceased people dynamics. Although relatively basic, the model is robust and captures the real dynamics, helped by the memory property of the fractional system. In the paper, the issue of an adequate model reconstruction is addressed, and a coefficient identification inverse problem is solved; in particular, the transition and recovering rates, varying in time, are recovered. A least-squares cost functional is minimized for solving the problem. The time-dependent parameters are reconstructed with an iterative predictor–corrector algorithm. Its application is demonstrated via tests with synthetic and real data. What is more, an approach for economic impact assessment is proposed.

We present a large class of nonlinear models of European options as parabolic equations with quasi-linear diffusion and fully nonlinear hyperbolic part. The main idea of the operator splitting method (OSM) is to couple known difference schemes for nonlinear hyperbolic equations with other ones for quasi-linear parabolic equations. We use flux limiter techniques, explicit–implicit difference schemes, Richardson extrapolation, etc. Theoretical analysis for illiquid market model is given. The numerical experiments show second-order accuracy for the numerical solution (the price) and Greeks Delta and Gamma, positivity and monotonicity preserving properties of the approximations.