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Bibliographic Details
Main Author: Aldridge, Irene
Format: Preprint
Published: 2026
Subjects:
Online Access:https://arxiv.org/abs/2605.02085
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Table of Contents:
  • This paper proposes an eigenvalue-based small-sample approximation of the celebrated Markov Chain Monte Carlo that delivers an invariant steady-state distribution that is consistent with traditional Monte Carlo methods. The proposed eigenvalue-based methodology reduces the number of paths required for Monte Carlo from as many as 1,000,000 to as few as 10 (depending on the simulation time horizon $T$), and delivers comparable, distributionally robust results, as measured by the Wasserstein distance. The proposed methodology also produces a significant variance reduction in the steady-state distribution.