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  6. Monte Carlo methods for option pricing - Wikipedia

    en.wikipedia.org/wiki/Monte_Carlo_methods_for...

    The first application to option pricing was by Phelim Boyle in 1977 (for European options). In 1996, M. Broadie and P. Glasserman showed how to price Asian options by Monte Carlo. An important development was the introduction in 1996 by Carriere of Monte Carlo methods for options with early exercise features.

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    Troubleshooting is a form of problem solving, often applied to repair failed products or processes on a machine or a system. It is a logical, systematic search for the source of a problem in order to solve it, and make the product or process operational again. Troubleshooting is needed to identify the symptoms.

  8. Asian option - Wikipedia

    en.wikipedia.org/wiki/Asian_option

    A discussion of the problem of pricing Asian options with Monte Carlo methods is given in a paper by Kemna and Vorst. [7] In the path integral approach to option pricing, [8] the problem for geometric average can be solved via the Effective Classical potential [9] of Feynman and Kleinert. [10] Rogers and Shi solve the pricing problem with a PDE ...

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