The classic contingent-claims pricing model views the borrower’s right to default ona mortgage as a put option. By defaulting on a mortgage the borrower effectivelysells the property to the lender with the current value of the mortgage. The primarygoal of this dissertation is to develop a...

Integrands that depend on a large number of equally important variables are considered and conditions that make expedient quasi-Monte Carlo integrations are investigated for dimensions n≤300.