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A Numerical scheme for backward doubly stochastic differential equations

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arxiv 1011.6170 v2 pith:UH45AVTU submitted 2010-11-29 math.PR

A Numerical scheme for backward doubly stochastic differential equations

classification math.PR
keywords schemebackwardbdsdesderivedoublynumericalregularitysense
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In this paper we propose a numerical scheme for the class of backward doubly stochastic (BDSDEs) with possible path-dependent terminal values. We prove that our scheme converge in the strong $L^2$-sense and derive its rate of convergence. As an intermediate step we derive an $L^2$-type regularity of the solution to such BDSDEs. Such a notion of regularity which can be though of as the modulus of continuity of the paths in an $L^2$-sense, is new.

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    Quantum-accelerated MLMC methods for BDSDE-based SPDE derivative pricing and Greeks achieve sampling complexity improvement from O(ε^{-2}) to O(ε^{-1}).