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Central Limit Theorem for Irregular Discretization Scheme of Multilevel Monte Carlo Method

Probability 2025-12-15 v2

Abstract

In this paper, we study the asymptotic error distribution for a two-level irregular discretization scheme of the solution to the stochastic differential equations (SDE for short) driven by a continuous semimartingale and obtain a central limit theorem for the error processes with the rate n\sqrt{n}. As an application, in the spirit of the result of Ben Alaya and Kebaier, we get a central limit theorem of the Linderberg-Feller type for the irregular discretization scheme of the multilevel Monte Carlo method.

Keywords

Cite

@article{arxiv.2502.14395,
  title  = {Central Limit Theorem for Irregular Discretization Scheme of Multilevel Monte Carlo Method},
  author = {Yi Guo and Yuxi Guo and Hanchao Wang},
  journal= {arXiv preprint arXiv:2502.14395},
  year   = {2025}
}
R2 v1 2026-06-28T21:51:06.066Z