• 1. Lean Trees
  • 1.1 Pruning Binomial and Trinomial Trees
  • 1.2 Coarsening the Mesh of Trionomial Trees
  • 1.3 Asymptotic Behavior
  • 2. Numerical Results
  • 2.1 American Plain-Vanilla Options
  • 2.2 Path-Dependent Options
  • 2.3 Multivariate Options
  • 2.4 Other Exotic Options