Financial economists, mathematicians, and control theorists gathered at Ajou University, in Korea, over the summers of 2010 and 2011 to look for new directions in financial engineering, which
use primarily quantitative tools for derivative pricing, hedging, and portfolio selection. Eight studies here are the first published outcome of those meetings. The topics discussed include
real options and variational inequalities, optimal consumption and investment in the presence of a stopping choice, stochastic control methods for the joint optimization of the risk and
dividend policies of firm, nonlinear expectation and limit theorems, and financial engineering and agency problems. Annotation 穢2012 Book News, Inc., Portland, OR (booknews.com)
