Splitting for Rare Event Simulation: A Large Deviations Approach to Design and Analysis
Abstract
Particle splitting methods are considered for the estimation of rare events. The probability of interest is that a Markov process first enters a set B before another set A, and it is assumed that this probability satisfies a large deviation scaling. A notion of subsolution is defined for the related calculus of variations problem, and two main results are proved under mild conditions. The first is that the number of particles generated by the algorithm grows subexponentially if and only if a certain scalar multiple of the importance function is a subsolution. The second is that, under the same condition, the variance of the algorithm is characterized "asymptotically" in terms of the subsolution. The design of asymptotically optimal schemes is discussed, and numerical examples are presented.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2007
- Accession Number
- ADA476248
Entities
People
- Aul Dupuis
- Thomas Dean
Organizations
- Brown University