“When modeling the effects of noise on quantum circuits, one often makes the assumption that these effects can be accounted for by individual decoherence events following an otherwise noise-free gate.

We shall consider a discrete time version of Vasicek (1977) model with continuous state space. Unlike traditional approaches, we regard that continuous time and states models are approximation to the ...

We propose an accurate method for pricing arithmetic Asian options on the discrete or continuous average in a general model setting by means of a lower bound approximation. In particular, we derive ...