In this article, we discuss multigrid methods for partial differential operators appearing in computational finance. We focus on multigrid for anisotropic problems, for the pricing of multiasset options, for linear complementarity problems for American options, and multigrid as a preconditioner to address the robustness of iterative solution methods.

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Wiley Chichester
R. Cont
doi.org/10.1002/9780470061602.eqf12006
Scientific Computing

Oosterlee, K. (2010). Multigrid Methods. In R. Cont (Ed.), Encyclopedia of Quantitative Finance (pp. 1283–1288). Wiley Chichester. doi:10.1002/9780470061602.eqf12006