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Existence and Monotone Iterative Approximation of Solutions for Neutral Differential Equations with Generalized Fractional Derivatives

We study the existence and monotone iterative approximation of mild solutions of fractional-order neutral differential equations involving a generalized fractional derivative of order 
 
 0
 <
 α
 <
 1
 
 which can be reduced to Riemann–Liouville or Hadamard fractional derivatives. The existence of mild solutions is obtained via fixed point techniques in a partially ordered space. The approach is constructive and can be applied numerically. In particular, we construct a monotone sequence of functions converging to a solution which is illustrated by a numerical example.