Abstract
In this paper, quadratic Riccati differential equation of fractional order has been solved by employing the optimal homotopy asymptotic method (Optimal HAM) with application to random processes, optimal control and diffusion problems. Optimal HAM uses simple computations with quite acceptable approximate solutions which have close agreement with exact solutions as compared to other techniques. To illustrate the efficiency and reliability of the method, some examples are provided and the results are discussed with tables.
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