Seminar on Stochastic Analysis, Random Fields and Applications VII: Centro Stefano Franscini, Ascona, May 2011

This volume contains refereed research or review articles presented at the 7th Seminar on Shastic Analysis, Random Fields and Applications which took place at the Centro Stefano Franscini (Monte Verità) in Ascona , Switzerland, in May 2011. The seminar focused mainly on: - shastic (partial) differential equations, especially with jump processes, construction of solutions and approximations - Malliavin calculus and Stein methods, and other techniques in shastic analysis, especially chaos representations and convergence, and applications to models of interacting particle systems - shastic methods in financial models, especially models for power markets or for risk analysis, empirical estimation and approximation, shastic control and optimal pricing. The book will be a valuable resource for researchers in shastic analysis and for professionals interested in shastic methods in finance.​