New algorithm for solving non-linear functional equations (Q2657546)

The paper deals with the equation \(u = f + N(u)\), where \(N: B \to B\) is an operator on a given Banach space \(B\) and \(f \in B\) a fixed element. An iterative method developed by the third author and \textit{H. Jafari} [J. Math. Anal. Appl. 316, No. 2, 753--763 (2006; Zbl 1087.65055)] is modified in order to decrease the amount of storage and computing time. The new algorithm is described by using the sequence \((v_n)_{n \in \mathbb{N}}\) given by \[ \left\{ \begin{array}{c@{\ =\ }l} v_0 & f, \\ v_{n+1} & v_0 + N(v_n),\quad n \ge 0. \end{array}\right. \] It turns out that this sequence is nothing else but the usual sequence used in connection with Banach fixed point theorem. The authors prove the convergence of the method in the case that the operator \(N\) is contracting (this fact is described via Fréchet derivatives, where the norm is bounded by a constant less than \(1\)). Several interesting examples where the operator \(N\) ist nontrivial are considered: \begin{itemize} \item operators with fractional derivatives, \item ordinary differential equations with fractional derivatives, and \item partial differential equations with fractional derivatives. \end{itemize}