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In this paper, a new collocation method based on Haar wavelet is developed for numerical solution of Riccati type differential equations with non-integer order. The fractional derivatives are considered in the Caputo sense. The method is applied to one test problem. The maximum absolute estimated error functions are calculated, and the performance of the process is demonstrated by calculating the maximum absolute estimated error functions for a distinct number of nodal points. The results show that the method is applicable and efficient.

A New Algorithm for Fractional Riccati Type Differential Equations by Using Haar Wavelet