An efficient numerical method based on redefined cubic B-spline basis functions for pricing Asian options

Author(s):  
Pradip Roul ◽  
V.M.K. Prasad Goura
Mathematics ◽  
2020 ◽  
Vol 8 (12) ◽  
pp. 2102
Author(s):  
Abdul Majeed ◽  
Muhammad Abbas ◽  
Faiza Qayyum ◽  
Kenjiro T. Miura ◽  
Md Yushalify Misro ◽  
...  

Trigonometric B-spline curves with shape parameters are equally important and useful for modeling in Computer-Aided Geometric Design (CAGD) like classical B-spline curves. This paper introduces the cubic polynomial and rational cubic B-spline curves using new cubic basis functions with shape parameter ξ∈[0,4]. All geometric characteristics of the proposed Trigonometric B-spline curves are similar to the classical B-spline, but the shape-adjustable is additional quality that the classical B-spline curves does not hold. The properties of these bases are similar to classical B-spline basis and have been delineated. Furthermore, uniform and non-uniform rational B-spline basis are also presented. C3 and C5 continuities for trigonometric B-spline basis and C3 continuities for rational basis are derived. In order to legitimize our proposed scheme for both basis, floating and periodic curves are constructed. 2D and 3D models are also constructed using proposed curves.


2012 ◽  
Vol 09 (01) ◽  
pp. 1240009 ◽  
Author(s):  
JINLIANG GU ◽  
JIANMING ZHANG ◽  
XIAOMIN SHENG

B-spline basis functions as a new approximation method is introduced in the boundary face method (BFM) to obtain numerical solutions of 3D potential problems. In the BFM, both boundary integration and variable approximation are performed in the parametric spaces of the boundary surfaces, therefore, keeps the exact geometric information of a body in which the problem is defined. In this paper, local bivariate B-spline functions are proposed to alleviate the influence of B-spline tensor product that will deteriorate the exactness of numerical results. Numerical tests show that the new method has well performance in both exactness and convergence.


2014 ◽  
Vol 548-549 ◽  
pp. 968-973
Author(s):  
Zhi Gang Xu

Formulas for the derivatives and normal vectors of non-rational B-spline and NURBS are proved based on de BOOR’s recursive formula. Compared with the existing approaches targeting at the non-rational B-spline basis functions, these equations are directly targeted at the controlling points, so the algorithms and programs for NURBS curve and surface can also be applied to the derivatives and normals, the calculating performance is increased. A simplified equation is also proved in this paper.


1993 ◽  
Vol 115 (3) ◽  
pp. 621-626 ◽  
Author(s):  
D. M. Tsay ◽  
C. O. Huey

A procedure employing rational B-spline functions for the synthesis of cam-follower motion programs is presented. It differs from earlier techniques that employ spline functions by using rational B-spline basis functions to interpolate motion constraints. These rational B-splines permit greater flexibility in refining motion programs. Examples are provided to illustrate application of the approach.


2009 ◽  
Vol 33 (1) ◽  
pp. 24-30 ◽  
Author(s):  
Zhu Meng-Hua ◽  
Liu Liang-Gang ◽  
Qi Dong-Xu ◽  
You Zhong ◽  
Xu Ao-Ao

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