This volume presents a collection of contributions dedicated to applied problems in the financial and energy sectors that have been formulated and solved in a stochastic optimization framework. The invited authors represent a group of scientists and practitioners, who cooperated in recent years...

Martingales and optimal stopping -- Derivatives in general and binomial markets -- Fundamental theorems of asset pricing -- Superhedging -- Hedging with risk -- Martingales in continuous time and optimal stopping -- Introduction to stochastic analysis -- Derivatives in the Black-Scholes market...