Department of Mathematics, University of Petroleum & Energy Studies, Dehradun, India
Mathematics Subject Classification: 35R60,65D15
In this work a one-factor model of stochastic behavior of commodity prices given by Eduardo S. Schwartz is solved usingVariational Iteration Method (VIM). Numerical example is studied to demonstrate the accuracy of the present method.
Commodity models, prices on commodities, series solution, variational iteration method, stochastic differential equation
