@article{Li_1, title={Quasi-Monte Carlo Algorithm for Pricing Options}, volume={15}, url={https://www.rae-ear.org/index.php/rae/article/view/100}, abstractNote={The purpose of this paper is to compare the use of Quasi-Monte Carlo methods, especially the use of recent developed (t; m; s)-nets, versus classical Monte Carlo method for valuing _nancial derivatives. Some research has indicate that under certain condition Quasi-Monte Carlo is superior than the traditional Monte Carlo in terms of rate of convergence and accuracy. In particular, theoretic results hinted that the so-called (t; m; s)-net suppose to be the most powerful one among all the Quasi-Monte Carlo methods when the problem is "smooth". However, the application of (t; m; s)-net was not included in the exist-ing simulation literatures. In this paper I will introduce the algorithms of generate the most common Quasi-Monte Carlo sequences, then im- plement these sequences in several path-dependent options. Our in- vestigation showed that Quasi-Monte Carlo methods outperform the traditional Monte Carlo.}, number={1}, journal={Economic Analysis Review}, author={Li, Jenny X.}, year={1}, month={1}, pages={111-119} }