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We propose an efficient and easy-to-implement gradient-enhanced least squares Monte Carlo method for computing price and Greeks (i.e., derivatives of the price function) of high-dimensional American options. It employs the sparse Hermite…

Computational Finance · Quantitative Finance 2025-09-01 Jiefei Yang , Guanglian Li

In this paper, we consider a microscopic semilinear elliptic equation posed in periodically perforated domains and associated with the Fourier-type condition on internal micro-surfaces. The first contribution of this work is the…

Analysis of PDEs · Mathematics 2020-03-04 Vo Anh Khoa , Thieu Thi Kim Thoa , Ekeoma Rowland Ijioma

In this paper, we revisit approximation properties of piecewise polynomial spaces, which contain more than ${\cal P}_{r-1}$ but not ${\cal P}_r$. We develop more accurate upper and lower error bounds that are sharper than those used in…

Numerical Analysis · Mathematics 2015-02-17 Hehu Xie , Zhimin Zhang

We consider second-order divergence form uniformly parabolic and elliptic PDEs with bounded and $VMO_{x}$ leading coefficients and possibly linearly growing lower-order coefficients. We look for solutions which are summable to the $p$th…

Analysis of PDEs · Mathematics 2009-09-30 N. V. Krylov

In this paper we find extremal one-sided approximations of exponential type for a class of truncated and odd functions with a certain exponential subordination. These approximations optimize the $L^1(\mathbb{R}, |E(x)|^{-2}dx)$-error, where…

Classical Analysis and ODEs · Mathematics 2021-09-30 Emanuel Carneiro , Felipe Gonçalves

We consider the problem of recovering polynomials that are sparse with respect to the basis of Legendre polynomials from a small number of random samples. In particular, we show that a Legendre s-sparse polynomial of maximal degree N can be…

Numerical Analysis · Mathematics 2011-04-05 Holger Rauhut , Rachel Ward

We study a family of the Laurent biorthogonal polynomials arising from the Hermite continued fraction for a ratio of two complete elliptic integrals. Recurrence coefficients, explicit expression and the weight function for these polynomials…

Classical Analysis and ODEs · Mathematics 2008-04-24 Luc Vinet , Alexei Zhedanov

We consider elliptic diffusion problems with a random anisotropic diffusion coefficient, where, in a notable direction given by a random vector field, the diffusion strength differs from the diffusion strength perpendicular to this notable…

Numerical Analysis · Mathematics 2018-02-13 Helmut Harbrecht , Marc Schmidlin

In the paper, we propose two new conjectures about the convergence of Hermite Approximants of multivalued analytic functions of Laguerre class ${\mathscr L}$. The conjectures are based in part on the numerical experiments, made recently by…

Complex Variables · Mathematics 2016-03-11 Nikolay R. Ikonomov , Ralitza K. Kovacheva , Sergey P. Suetin

We investigate deep composite polynomial approximations of continuous but non-differentiable functions with algebraic cusp singularities. The functions in focus consist of finitely many cusp terms of the form $|x-a_j|^{\alpha_j}$ with…

Numerical Analysis · Mathematics 2026-01-01 Kingsley Yeon , Steven B. Damelin , Michael Werman

This paper addresses the problem of finding a B-term wavelet representation of a given discrete function $f \in \real^n$ whose distance from f is minimized. The problem is well understood when we seek to minimize the Euclidean distance…

Data Structures and Algorithms · Computer Science 2007-07-23 Sudipto Guha , Boulos Harb

In the present contribution we establish quantitative results on the periodic approximation of the corrector equation for the stochastic homogenization of linear elliptic equations in divergence form, when the diffusion coefficients satisfy…

Numerical Analysis · Mathematics 2014-09-04 Antoine Gloria , Felix Otto

We consider a quaternionic analogue of the univariate complex Hermite polynomials and study some of their analytic properties in some detail. We obtain their integral representation as well as the operational formulas of exponential and…

Complex Variables · Mathematics 2018-03-28 Amal El Hamyani , Allal Ghanmi

In [Y.~K.~Hu, K.~A.~Kopotun, X.~M.~Yu, Constr. Approx. 2000], the authors have obtained a characterization of best $n$-term piecewise polynomial approximation spaces as real interpolation spaces between $L^p$ and some spaces of bounded…

Functional Analysis · Mathematics 2024-02-23 Jacek Gulgowski , Anna Kamont , Markus Passenbrunner

We consider the perturbation of parabolic operators of the form $\partial_t+P(x,D)$ by large-amplitude highly oscillatory spatially dependent potentials modeled as Gaussian random fields. The amplitude of the potential is chosen so that the…

Mathematical Physics · Physics 2015-05-13 Guillaume Bal

We analyze the convergence of compressive sensing based sampling techniques for the efficient evaluation of functionals of solutions for a class of high-dimensional, affine-parametric, linear operator equations which depend on possibly…

Numerical Analysis · Mathematics 2015-09-22 Holger Rauhut , Christoph Schwab

We consider the problem of jointly estimating the parameters as well as the structure of binary valued Markov Random Fields, in contrast to earlier work that focus on one of the two problems. We formulate the problem as a maximization of…

Machine Learning · Statistics 2008-11-11 M. Kolar , E. P. Xing

This work proposes and analyzes a compressed sensing approach to polynomial approximation of complex-valued functions in high dimensions. Of particular interest is the setting where the target function is smooth, characterized by a rapidly…

Numerical Analysis · Mathematics 2020-01-22 Abdellah Chkifa , Nick Dexter , Hoang Tran , Clayton G. Webster

Stochastic Galerkin methods for non-affine coefficient representations are known to cause major difficulties from theoretical and numerical points of view. In this work, an adaptive Galerkin FE method for linear parametric PDEs with…

Numerical Analysis · Mathematics 2018-11-02 Martin Eigel , Manuel Marschall , Max Pfeffer , Reinhold Schneider

We find two series expansions for Legendre's second incomplete elliptic integral $E(\lambda, k)$ in terms of recursively computed elementary functions. Both expansions converge at every point of the unit square in the $(\lambda, k)$ plane.…

Classical Analysis and ODEs · Mathematics 2023-05-31 Dmitrii Karp , Yi Zhang
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