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相关论文: Ninomiya-Victoir scheme: strong convergence, antit…

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In this paper, we summarize the results about the strong convergence rate of the Ninomiya-Victoir scheme and the stable convergence in law of its normalized error that we obtained in previous papers. We then recall the properties of the…

概率论 · 数学 2016-12-22 Anis Al Gerbi , Benjamin Jourdain , Emmanuelle Clément

We present weak approximations schemes of any order for the Heston model that are obtained by using the method developed by Alfonsi and Bally (2021). This method consists in combining approximation schemes calculated on different random…

计算金融 · 定量金融 2024-12-10 Aurélien Alfonsi , Edoardo Lombardo

In this paper we discuss the possibility of using multilevel Monte Carlo (MLMC) methods for weak approximation schemes. It turns out that by means of a simple coupling between consecutive time discretisation levels, one can achieve the same…

计算金融 · 定量金融 2014-10-07 Denis Belomestny , Tigran Nagapetyan

In a previous work, we proved strong convergence with order $1/2$ of the Ninomiya-Victoir scheme $X^{NV,\eta}$ with time step $T/N$ to the solution $X$ of the limiting SDE. In this paper we check that the normalized error defined by…

概率论 · 数学 2016-02-04 Anis Al Gerbi , Benjamin Jourdain , Emmanuelle Clément

It is a well-known rule of thumb that approximations of stochastic partial differential equations have essentially twice the order of weak convergence compared to the corresponding order of strong convergence. This is already known for many…

概率论 · 数学 2016-09-28 Annika Lang

The multilevel Monte Carlo path simulation method introduced by Giles ({\it Operations Research}, 56(3):607-617, 2008) exploits strong convergence properties to improve the computational complexity by combining simulations with different…

计算金融 · 定量金融 2019-07-02 Michael B. Giles , Kristian Debrabant , Andreas Rößler

Motivated by weak convergence results in the paper of Takahashi and Yoshida (2005), we show strong convergence for an accelerated Euler-Maruyama scheme applied to perturbed stochastic differential equations. The Milstein scheme with the…

计算金融 · 定量金融 2013-12-02 Hideyuki Tanaka , Toshihiro Yamada

This paper focuses on studying the multilevel Monte Carlo method recently introduced by Giles [Oper. Res. 56 (2008) 607-617] which is significantly more efficient than the classical Monte Carlo one. Our aim is to prove a central limit…

概率论 · 数学 2015-01-27 Mohamed Ben Alaya , Ahmed Kebaier

It is known from the monograph [1, Chapter 5] that the weak convergence analysis of numerical schemes for stochastic Maxwell equations is an unsolved problem. This paper aims to fill the gap by establishing the long-time weak convergence…

数值分析 · 数学 2024-03-15 Chuchu Chen , Jialin Hong , Ge Liang

In usual stochastic volatility models, the process driving the volatility of the asset price evolves according to an autonomous one-dimensional stochastic differential equation. We assume that the coefficients of this equation are smooth.…

概率论 · 数学 2011-10-19 Benjamin Jourdain , Mohamed Sbai

The multi-level Monte Carlo method proposed by M. Giles (2008) approximates the expectation of some functionals applied to a stochastic process with optimal order of convergence for the mean-square error. In this paper, a modified…

概率论 · 数学 2023-01-20 Kristian Debrabant , Andreas Rößler

In this paper, we propose and analyze a novel combination of multilevel Richardson-Romberg (ML2R) and importance sampling algorithm, with the aim of reducing the overall computational time, while achieving desired root-mean-squared error…

计算金融 · 定量金融 2022-09-05 Devang Sinha , Siddhartha P. Chakrabarty

We review Fujiwara's scheme, a sixth order weak approximation scheme for the numerical approximation of SDEs, and embed it into a general method to construct weak approximation schemes of order $ 2m $ for $ m \in \mathbf{N} $. Those schemes…

概率论 · 数学 2009-11-24 Kojiro Oshima , Josef Teichmann , Dejan Veluscek

An algorithm is proposed to solve robust control problems constrained by partial differential equations with uncertain coefficients, based on the so-called MG/OPT framework. The levels in this MG/OPT hierarchy correspond to discretization…

数值分析 · 数学 2021-07-21 Andreas Van Barel , Stefan Vandewalle

We study an optimal control problem under uncertainty, where the target function is the solution of an elliptic partial differential equation with random coefficients, steered by a control function. The robust formulation of the…

Monte Carlo is a simple and flexible tool that is widely used in computational finance. In this context, it is common for the quantity of interest to be the expected value of a random variable defined via a stochastic differential equation.…

数值分析 · 数学 2015-05-06 Desmond J. Higham

Stochastic optimization in learning and inference often relies on Markov chain Monte Carlo (MCMC) to approximate gradients when exact computation is intractable. However, finite-time MCMC estimators are biased, and reducing this bias…

We present a variant of accelerated gradient descent algorithms, adapted from Nesterov's optimal first-order methods, for weakly-quasi-convex and weakly-quasi-strongly-convex functions. We show that by tweaking the so-called estimate…

最优化与控制 · 数学 2020-06-16 Jingjing Bu , Mehran Mesbahi

The Multilevel Monte Carlo method is an efficient variance reduction technique. It uses a sequence of coarse approximations to reduce the computational cost in uncertainty quantification applications. The method is nowadays often considered…

数值分析 · 数学 2018-06-15 Pieterjan Robbe , Dirk Nuyens , Stefan Vandewalle

We aim at analyzing in terms of a.s. convergence and weak rate the performances of the Multilevel Monte Carlo estimator (MLMC) introduced in [Gil08] and of its weighted version, the Multilevel Richardson Romberg estimator (ML2R), introduced…

概率论 · 数学 2018-02-20 Daphné Giorgi , Vincent Lemaire , Gilles Pagès
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