{"id":"https://openalex.org/W1561906761","doi":"https://doi.org/10.1007/978-3-540-25944-2_100","title":"On the Efficiency of Simplified Weak Taylor Schemes for Monte Carlo Simulation in Finance","display_name":"On the Efficiency of Simplified Weak Taylor Schemes for Monte Carlo Simulation in Finance","publication_year":2004,"publication_date":"2004-01-01","ids":{"openalex":"https://openalex.org/W1561906761","doi":"https://doi.org/10.1007/978-3-540-25944-2_100","mag":"1561906761"},"language":"en","primary_location":{"id":"doi:10.1007/978-3-540-25944-2_100","is_oa":false,"landing_page_url":"https://doi.org/10.1007/978-3-540-25944-2_100","pdf_url":null,"source":{"id":"https://openalex.org/S106296714","display_name":"Lecture notes in computer science","issn_l":"0302-9743","issn":["0302-9743","1611-3349"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Lecture Notes in Computer Science","raw_type":"book-chapter"},"type":"book-chapter","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5083327775","display_name":"Nicola Bruti Liberati","orcid":null},"institutions":[{"id":"https://openalex.org/I114017466","display_name":"University of Technology Sydney","ror":"https://ror.org/03f0f6041","country_code":"AU","type":"education","lineage":["https://openalex.org/I114017466"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Nicola Bruti Liberati","raw_affiliation_strings":["School of Finance & Economics and Department of Mathematical Sciences, University of Technology Sydney, PO Box 123, Broadway, NSW, 2007, Australia"],"affiliations":[{"raw_affiliation_string":"School of Finance & Economics and Department of Mathematical Sciences, University of Technology Sydney, PO Box 123, Broadway, NSW, 2007, Australia","institution_ids":["https://openalex.org/I114017466"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5080842355","display_name":"Eckhard Platen","orcid":"https://orcid.org/0000-0003-4595-3123"},"institutions":[{"id":"https://openalex.org/I114017466","display_name":"University of Technology Sydney","ror":"https://ror.org/03f0f6041","country_code":"AU","type":"education","lineage":["https://openalex.org/I114017466"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Eckhard Platen","raw_affiliation_strings":["School of Finance & Economics and Department of Mathematical Sciences, University of Technology Sydney, PO Box 123, Broadway, NSW, 2007, Australia"],"affiliations":[{"raw_affiliation_string":"School of Finance & Economics and Department of Mathematical Sciences, University of Technology Sydney, PO Box 123, Broadway, NSW, 2007, Australia","institution_ids":["https://openalex.org/I114017466"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5083327775"],"corresponding_institution_ids":["https://openalex.org/I114017466"],"apc_list":{"value":5000,"currency":"EUR","value_usd":5392},"apc_paid":null,"fwci":6.3781,"has_fulltext":false,"cited_by_count":11,"citation_normalized_percentile":{"value":0.96826035,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":"771","last_page":"778"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9991999864578247,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9991999864578247,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.9860000014305115,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9713000059127808,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/monte-carlo-method","display_name":"Monte Carlo method","score":0.6428424715995789},{"id":"https://openalex.org/keywords/gaussian","display_name":"Gaussian","score":0.5966773629188538},{"id":"https://openalex.org/keywords/stochastic-differential-equation","display_name":"Stochastic differential equation","score":0.5732975006103516},{"id":"https://openalex.org/keywords/applied-mathematics","display_name":"Applied mathematics","score":0.5559461712837219},{"id":"https://openalex.org/keywords/taylor-series","display_name":"Taylor series","score":0.49455615878105164},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.45102494955062866},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.41290879249572754},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.35253238677978516},{"id":"https://openalex.org/keywords/mathematical-analysis","display_name":"Mathematical analysis","score":0.1372678279876709},{"id":"https://openalex.org/keywords/physics","display_name":"Physics","score":0.0967203676700592},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.07729354500770569}],"concepts":[{"id":"https://openalex.org/C19499675","wikidata":"https://www.wikidata.org/wiki/Q232207","display_name":"Monte Carlo method","level":2,"score":0.6428424715995789},{"id":"https://openalex.org/C163716315","wikidata":"https://www.wikidata.org/wiki/Q901177","display_name":"Gaussian","level":2,"score":0.5966773629188538},{"id":"https://openalex.org/C51955184","wikidata":"https://www.wikidata.org/wiki/Q1545585","display_name":"Stochastic differential equation","level":2,"score":0.5732975006103516},{"id":"https://openalex.org/C28826006","wikidata":"https://www.wikidata.org/wiki/Q33521","display_name":"Applied mathematics","level":1,"score":0.5559461712837219},{"id":"https://openalex.org/C158946198","wikidata":"https://www.wikidata.org/wiki/Q131187","display_name":"Taylor series","level":2,"score":0.49455615878105164},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.45102494955062866},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.41290879249572754},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.35253238677978516},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.1372678279876709},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0967203676700592},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.07729354500770569},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/978-3-540-25944-2_100","is_oa":false,"landing_page_url":"https://doi.org/10.1007/978-3-540-25944-2_100","pdf_url":null,"source":{"id":"https://openalex.org/S106296714","display_name":"Lecture notes in computer science","issn_l":"0302-9743","issn":["0302-9743","1611-3349"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"book series"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Lecture Notes in Computer Science","raw_type":"book-chapter"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W1575104486","https://openalex.org/W1591610330","https://openalex.org/W1964916079","https://openalex.org/W1997753289","https://openalex.org/W2061379937","https://openalex.org/W2126311658","https://openalex.org/W2147238449","https://openalex.org/W4317707897"],"related_works":["https://openalex.org/W1827133796","https://openalex.org/W2395105737","https://openalex.org/W2369507325","https://openalex.org/W1985023705","https://openalex.org/W3135719690","https://openalex.org/W2368550193","https://openalex.org/W4284894156","https://openalex.org/W3208270790","https://openalex.org/W2387252559","https://openalex.org/W4206747872"],"abstract_inverted_index":null,"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}