We present improved formulas for the calculation of transition rate constan
ts in the transition path ensemble. In this method transition paths between
stable states are generated by sampling the distribution of paths with a M
onte Carlo procedure. With the new expressions the computational cost for t
he calculation of transition rate constants can be reduced considerably com
pared to our original formulation. We demonstrate the method by studying th
e isomerization of a diatomic molecule immersed in a Weeks-Chandler-Anderse
n fluid. The paper is concluded by an efficiency analysis of the path sampl
ing algorithm. (C) 1999 American Institute of Physics. [S0021-9606(99)50513
-8].