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The authors present a new simple algorithm to approximate weakly stochastic differential equations in the spirit of [1] and [2]. They apply it to the problem of pricing Asian options under the Heston stochastic volatility model, and compare…

Probability · Mathematics 2025-04-28 Syoiti Ninomiya , Nicolas Victoir

The goal of the paper is to describe essentially optimal cubature formulas on compact Riemannian manifolds which are exact on spaces of band- limited functions.

Functional Analysis · Mathematics 2014-03-07 Isaac Z. Pesenson , Daryl Geller

This paper aims to investigate the numerical approximation of a general second order parabolic stochastic partial differential equation(SPDE) driven by multiplicative and additive noise. Our main interest is on such SPDEs where the…

Numerical Analysis · Mathematics 2020-11-19 Jean Daniel Mukam , Antoine Tambue

In this paper we introduce a simple space-filtration discretization scheme on Wiener space which allows us to study weak decompositions and smooth explicit approximations for a large class of Wiener functionals. We show that any Wiener…

Probability · Mathematics 2013-07-23 Dorival Leão , Alberto Ohashi

Strong convergence rates for numerical approximations of semilinear stochastic partial differential equations (SPDEs) with smooth and regular nonlinearities are well understood in the literature. Weak convergence rates for numerical…

Probability · Mathematics 2016-12-13 Mario Hefter , Arnulf Jentzen , Ryan Kurniawan

We study a problem in the theory of cubature formulas on the sphere: given $\theta \in (0, 1)$, determine the infimum of $\|\nu\|_\theta = \sum_{i = 1}^n \nu_i^\theta$ over cubature formulas $\nu$ of strength $t$, where $\nu_i$ are the…

Combinatorics · Mathematics 2020-12-16 Eli Putterman

We study parametric estimation for second order linear parabolic stochastic partial differential equations (SPDEs) in two space dimensions driven by two types of $Q$-Wiener processes based on high frequency spatio-temporal data. First, we…

Statistics Theory · Mathematics 2025-04-15 Yozo Tonaki , Yusuke Kaino , Masayuki Uchida

We prove upper bounds on the order of convergence of Frolov's cubature formula for numerical integration in function spaces of dominating mixed smoothness on the unit cube with homogeneous boundary condition. More precisely, we study…

Numerical Analysis · Mathematics 2016-04-07 Mario Ullrich , Tino Ullrich

We propose and analyse randomized cubature formulae for the numerical integration of functions with respect to a given probability measure $\mu$ defined on a domain $\Gamma \subseteq \mathbb{R}^d$, in any dimension $d$. Each cubature…

Numerical Analysis · Mathematics 2020-12-04 Giovanni Migliorati , Fabio Nobile

In this article, we establish the \textsl{Wong-Zakai approximation} result for a class of stochastic partial differential equations (SPDEs) with fully local monotone coefficients perturbed by a multiplicative Wiener noise. This class of…

Probability · Mathematics 2024-04-23 Ankit Kumar , Kush Kinra , Manil T. Mohan

The time-fractional Black-Scholes equation (TFBSE) is intended to price the options for which the underlying price fluctuates within a correlated fractal transmission system. Although the TFBSE is an influential approach for grasping the…

Numerical Analysis · Mathematics 2025-08-12 Nizamudheen V , Riyasudheen TK , Noufal Asharaf , Shefeeq T

We introduce a new type of cubature formula for the evaluation of an integral over the disk with respect to a weight function. The method is based on an analysis of the Fourier series of the weight function and a reduction of the bivariate…

Numerical Analysis · Mathematics 2015-09-04 O. Kounchev , H. Render

This paper describes a trapezoidal quadrature method for the discretization of weakly singular, singular and hypersingular boundary integral operators with complex symmetric quadratic forms. Such integral operators naturally arise when…

Numerical Analysis · Mathematics 2023-12-13 Jeremy Hoskins , Manas Rachh , Bowei Wu

We consider a method for the approximation of iterated stochastic integrals of arbitrary multiplicity $k$ $(k\in \mathbb{N})$ with respect to the infinite-dimensional $Q$-Wiener process using the mean-square approximation method of iterated…

General Mathematics · Mathematics 2022-03-15 Dmitriy F. Kuznetsov

We consider the finite element (FE) approximation of the shallow water equations (SWE) by considering discretizations in which both space and time are established using an unconditionally stable FE method. Particularly, we consider the…

Numerical Analysis · Mathematics 2021-11-18 Eirik Valseth , Clint Dawson

The paper establishes the strong convergence rates of a spatio-temporal full discretization of the stochastic wave equation with nonlinear damping in dimension one and two. We discretize the SPDE by applying a spectral Galerkin method in…

Numerical Analysis · Mathematics 2024-12-30 Meng Cai , David Cohen , Xiaojie Wang

Bayesian cubature provides a flexible framework for numerical integration, in which a priori knowledge on the integrand can be encoded and exploited. This additional flexibility, compared to many classical cubature methods, comes at a…

Methodology · Statistics 2019-01-29 Toni Karvonen , Simo Särkkä , Chris. J. Oates

It was pointed out in Crisan, Ghazali [2] that the error estimate for the cubature on Wiener space algorithm developed in Lyons, Victoir [11] requires an additional assumption on the drift. In this note we demonstrate that it is…

Probability · Mathematics 2011-05-23 Thomas Cass , Christian Litterer

We present a finite volume method that is applicable to hyperbolic PDEs including spatially varying and semilinear nonconservative systems. The spatial discretization, like that of the well-known Clawpack software, is based on solving…

Numerical Analysis · Mathematics 2013-07-16 David I. Ketcheson , Matteo Parsani , Randall J. LeVeque

We establish Schauder-type estimates for linear parabolic systems driven by variable-coefficient nonlocal pseudo-differential operators of order $s>0$. These estimates are formulated in critical time-weighted H\"older/Besov-type spaces and…

Analysis of PDEs · Mathematics 2026-04-14 Ke Chen , Ruilin Hu , Quoc-Hung Nguyen