We study several lognormal approximations for Libor market models, where special attention is paid to their simulation by direct methods and lognormal random fields. In contrast to conventional ...

We construct a family of approximations of the Riemann zeta-function and a closely related function formed from finite Euler products, the pole of the zeta-function, and any zeros the zeta-function ...

In this paper we consider a mesh-free radial basis function approach for the valuation of pricing options with non-smooth payouts. By taking advantage of parallel architecture, a strongly stable and ...

The long time numerical approximation of the parabolic p-Laplacian problem with a time-independent forcing term and sufficiently smooth initial data is studied. Convergence and stability results which ...