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math.PR 1

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2024 1

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Stable Approximation for Call Function Via Stein's method

math.PR · 2024-11-24 · conditional · novelty 6.0

For sums of iid variables in the domain of normal attraction of an α-stable law with α in (1,2), the paper gives uniform and non-uniform rates for the error in replacing the call function expectation by its stable limit.

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  • Stable Approximation for Call Function Via Stein's method math.PR · 2024-11-24 · conditional · none · ref 4

    For sums of iid variables in the domain of normal attraction of an α-stable law with α in (1,2), the paper gives uniform and non-uniform rates for the error in replacing the call function expectation by its stable limit.