The Accelerated Binomial Option Pricing Model
对二项式期权定价模型应用收敛加速技术，得到的新模型比传统模型更准确、更快，可近似用于美式看跌期权定价。
This paper describes the application of a convergence acceleration technique to the binomial option pricing model. The resulting model, termed the accelerated binomial option pricing model, also can be viewed as an approximation to the Geske-Johnson model for the value of the American put. The new model is accurate and faster than the conventional binomial model. It is applicable to a wide range of option pricing problems.