Efficient simulation of tail probabilities of sums of correlated lognormals

Author:

Asmussen Søren,Blanchet José,Juneja Sandeep,Rojas-Nandayapa Leonardo

Publisher

Springer Science and Business Media LLC

Subject

Management Science and Operations Research,General Decision Sciences

Reference22 articles.

1. Adler, R., Blanchet, J., & Liu, J. C. (2008). Fast simulation of Gaussian random fields. In S. J. Mason, R. R. Hill, L. Mönch, O. Rose, T. Jefferson, & J. W. Fowler (Eds.), Proceedings of the winter simulation conference (pp. 328–336).

2. Asmussen, S., & Kroese, D. P. (2006). Improved algorithms for rare event simulation with heavy tails. Advances in Applied Probability, 38, 545–558.

3. Asmussen, S., & Rojas-Nandayapa, L. (2006). Sums of dependent lognormal random variables: Asymptotics and simulation. Unpublished manuscript; available from www.thiele.au.dk .

4. Asmussen, S., & Glynn, P. W. (2007). Stochastic simulation. Algorithms and analysis. Berlin: Springer.

5. Asmussen, S., & Rojas-Nandayapa, L. (2008). Asymptotics of sums of lognormal random variables with Gaussian copula. Statistics and Probability Letters, 78, 2709–2714.

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