EMS Series of Congress Reports 2011; 260 pp; hardcover Volume: 4 ISBN10: 3037190728 ISBN13: 9783037190722 List Price: US$98 Member Price: US$78.40 Order Code: EMSSCR/4
 The 33rd Bernoulli Society Conference on Stochastic Processes and Their Applications was held in Berlin from July 27 to July 31, 2009. It brought together more than 600 researchers from 49 countries to discuss recent progress in the mathematical research related to stochastic processes, with applications ranging from biology to statistical mechanics, finance and climatology. This book collects survey articles highlighting new trends and focal points in the area written by plenary speakers of the conference, all of them outstanding international experts. A particular aim of this collection is to inspire young scientists to pursue research goals in the wide range of fields represented in this volume. A publication of the European Mathematical Society (EMS). Distributed within the Americas by the American Mathematical Society. Readership Graduate students and research mathematicians interested in probability and statistics. Table of Contents  S. Hamadène  Optimal switching, systems of reflected BSDEs and systems of variational inequalities with interconnected obstacles
 C. Klüppelberg, R. Maller, and A. Szimayer  The COGARCH: A review, with news on option pricing and statistical inference
 S. Martinez and J. San Martin  Some properties of quasistationary distributions for finite Markov chains
 P. Mörters  The parabolic Anderson model with heavytailed potential
 E. Pardoux and A. Wakolbinger  From exploration paths to mass excursionsvariations on a theme of Ray and Knight
 G. Reinert  Gaussian approximation of functionals: Malliavin calculus and Stein's method
 L. SaloffCoste and J. Zúñiga  Merging and stability for time inhomogeneous finite Markov chains
 A. Schied and A. Slynko  Some mathematical aspects of market impact modeling
 G. Slade  The selfavoiding walk: A brief survey
 M. Takeda  \(L^p\)independence of growth bounds of FeynmanKac semigroups
 F.Y. Wang  Some recent progress on functional inequalities and applications
 List of contributors
