A Forward Scheme for Backward SDEs

dc.contributor.authorBender, Christiandeu
dc.contributor.authorDenk, Robert
dc.date.accessioned2011-03-22T17:45:26Zdeu
dc.date.available2011-03-22T17:45:26Zdeu
dc.date.issued2005deu
dc.description.abstractWe introduce a forward scheme to simulate backward SDEs. Compared to existing schemes, we avoid high order nestings of conditional expectations backwards in time. In this way the error, when approximating the conditional expectation, in dependence of the time partition is significantly reduced. Besides this generic result, we present an implementable algorithm and provide an error analysis for it. Finally, we demonstrate the strength of the new algorithm by solving some financial problems numerically.eng
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dc.legacy.dateIssued2007deu
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dc.titleA Forward Scheme for Backward SDEseng
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@unpublished{Bender2005Forwa-664,
  year={2005},
  title={A Forward Scheme for Backward SDEs},
  author={Bender, Christian and Denk, Robert}
}
kops.citation.iso690BENDER, Christian, Robert DENK, 2005. A Forward Scheme for Backward SDEsdeu
kops.citation.iso690BENDER, Christian, Robert DENK, 2005. A Forward Scheme for Backward SDEseng
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