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  2. Crank–Nicolson method - Wikipedia

    en.wikipedia.org/wiki/CrankNicolson_method

    The CrankNicolson stencil for a 1D problem. The CrankNicolson method is based on the trapezoidal rule, giving second-order convergence in time.For linear equations, the trapezoidal rule is equivalent to the implicit midpoint method [citation needed] —the simplest example of a Gauss–Legendre implicit Runge–Kutta method—which also has the property of being a geometric integrator.

  3. Numerical solution of the convection–diffusion equation

    en.wikipedia.org/wiki/Numerical_solution_of_the...

    In this method, the basic shape function is modified to obtain the upwinding effect. This method is an extension of Runge–Kutta discontinuous for a convection-diffusion equation. For time-dependent equations, a different kind of approach is followed. The finite difference scheme has an equivalent in the finite element method (Galerkin method ...

  4. Finite difference method - Wikipedia

    en.wikipedia.org/wiki/Finite_difference_method

    For example, consider the ordinary differential equation ′ = + The Euler method for solving this equation uses the finite difference quotient (+) ′ to approximate the differential equation by first substituting it for u'(x) then applying a little algebra (multiplying both sides by h, and then adding u(x) to both sides) to get (+) + (() +).

  5. Explicit and implicit methods - Wikipedia

    en.wikipedia.org/wiki/Explicit_and_implicit_methods

    In the vast majority of cases, the equation to be solved when using an implicit scheme is much more complicated than a quadratic equation, and no analytical solution exists. Then one uses root-finding algorithms, such as Newton's method, to find the numerical solution. Crank-Nicolson method. With the Crank-Nicolson method

  6. Finite difference methods for option pricing - Wikipedia

    en.wikipedia.org/wiki/Finite_difference_methods...

    Here, using a technique such as CrankNicolson or the explicit method: the PDE is discretized per the technique chosen, such that the value at each lattice point is specified as a function of the value at later and adjacent points; see Stencil (numerical analysis);

  7. Stencil (numerical analysis) - Wikipedia

    en.wikipedia.org/wiki/Stencil_(numerical_analysis)

    The CrankNicolson stencil for a 1D problem. In mathematics, especially the areas of numerical analysis concentrating on the numerical solution of partial differential equations, a stencil is a geometric arrangement of a nodal group that relate to the point of interest by using a numerical approximation routine.

  8. List of Runge–Kutta methods - Wikipedia

    en.wikipedia.org/wiki/List_of_Runge–Kutta_methods

    The CrankNicolson method corresponds to the implicit trapezoidal rule and is a second-order accurate and A-stable method. / / / / Gauss–Legendre methods ...

  9. Rate of convergence - Wikipedia

    en.wikipedia.org/wiki/Rate_of_convergence

    Phyllis Nicolson; John Crank; ... A practical method to calculate the order of convergence for a sequence generated by a fixed point iteration is to calculate the ...