In this paper we describe and compare preconditioners for saddle-point systems obtained from meshfree discretizations, using the concepts of hierarchical (or H-)matrices. Previous work by the authors using this approach did not use H-matrix techniques throughout, as is done here. Comparison shows the method described here to be better than the author’s previous method, an AMG method adapted to ...

For medical image analysis issues where the domain mappings between images involve large geometrical shape changes, such as the cases of nonrigid motion recovery and inter-object image registration, the finite element methods exhibit considerable loss of accuracy when the elements in the mesh become extremely skewed or compressed. Therefore, algorithmically difficult and computationally expensi...

We study the applicability of meshfree approximation schemes for the solution of multi-asset American option problems. In particular, we consider a penalty method which allows us to remove the free and moving boundary by adding a small and continuous penalty term to the Black-Scholes equation. A comparison with results obtained recently by two of the authors using a linearly implicit finite dif...