Before revision: In this paper we propose an efficient method to compute the price of American basket options, based on Machine Learning and Monte Carlo simulations  . Specifically, the options we consider are written on a basket of assets, each of them following a Black-Scholes dynamics.
After revision: In this paper we propose an efficient method to compute the price of American basket options, based on Machine Learning and Monte Carlo simulations and variance reduction technique . Specifically, the options we consider are written on a basket of assets, each of them following a Black-Scholes dynamics.