This paper proposes an algorithm that automatically translates the "continuum approximation" (CA) recipes for location problems into discrete designs. It applies to terminal systems, but can also be ...

This paper develops a new scheme for improving an approximation method of a probability density function, which is inspired by the idea in the Hilbert space projection theorem. Moreover, we apply ...

This paper proposes a new deep-learning-based algorithm for high-dimensional Bermudan option pricing. To the best of our knowledge, this is the first study of the arbitrary-order discretization scheme ...