English

An integral equation for Root's barrier and the generation of Brownian increments

Probability 2016-08-11 v2

Abstract

We derive a nonlinear integral equation to calculate Root's solution of the Skorokhod embedding problem for atom-free target measures. We then use this to efficiently generate bounded time-space increments of Brownian motion and give a parabolic version of Muller's classic "Random walk over spheres" algorithm.

Keywords

Cite

@article{arxiv.1309.5877,
  title  = {An integral equation for Root's barrier and the generation of Brownian increments},
  author = {Paul Gassiat and Aleksandar Mijatović and Harald Oberhauser},
  journal= {arXiv preprint arXiv:1309.5877},
  year   = {2016}
}

Comments

Published at http://dx.doi.org/10.1214/14-AAP1042 in the Annals of Applied Probability (http://www.imstat.org/aap/) by the Institute of Mathematical Statistics (http://www.imstat.org)