This publication provides an outline of affine diffusions, from Ornstein-Uhlenbeck approaches to Wishart techniques and it considers a few comparable diffusions equivalent to Wright-Fisher procedures. It makes a speciality of varied simulation schemes for those methods, particularly second-order schemes for the vulnerable errors. It additionally offers a few types, quite often within the box of finance, the place those tools are suitable and gives a few numerical experiments.

The e-book explains the mathematical historical past to appreciate affine diffusions and research the accuracy of the schemes.

 

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