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Strongly Efficent Algorithms for Light-tailed Random Walks: An Old Folk Song Sung to a Faster New Tune
Strongly Efficent Algorithms Light-tailed Random Walks Folk Song Sung Faster New Tune
2015/7/6
We revisit a classical problem in rare-event simulation, namely, efficient estimation of the probability that the sample mean of n independent identically distributed light tailed (i.e. with finite mo...