Wavelet Galerkin schemes for multidimensional anisotropic integrodifferential operators


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Date

2009-05

Publication Type

Report

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yes

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Abstract

We consider a wavelet Galerkin scheme for solving partial integrodifferential equations arising from option pricing in multidimensional Lévy models. Sparse tensor product spaces are applied or the discretization to reduce the complexity in the number of degrees of freedom and wavelet compression methods are used to decrease the number of non-zero matrix entries. We focus on algorithmic details of the scheme, in particular on the numerical integration of the matrix coefficients.

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published

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Volume

2009-19

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Publisher

Seminar for Applied Mathematics, ETH Zurich

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Subject

Composite Gauss quadrature; wavelets; multivariate Lévy models

Organisational unit

03435 - Schwab, Christoph / Schwab, Christoph check_circle

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