A Robust Spline Collocation Method for Pricing American Put Options

Table 1

Error estimates and convergence rates for Example 1.

K	N	error	rate
1024	128	2.3532e-2	2.009
	256	5.8452e-3	1.914
	512	1.5506e-3	2.342
	1024	3.0592e-4	-