Based around recent lectures given at the prestigious Ritsumeikan conference, the tutorial and expository articles contained in this volume are an essential guide for practitioners and graduates alike who use stochastic calculus in finance.Among the eminent contributors are Paul Malliavin and Shinzo Watanabe, pioneers of Malliavin Calculus. The coverage also includes a valuable review of current research on credit risks in a mathematically sophisticated way contrasting with existing economics-oriented articles.

The Theoretical Advanced Study Institute (TASI) has become the major summer school for advanced students in elementary particle theory in the United States, offering courses in particle theory, phenomenology, and mathematical physics. The theme of the 1990 school, 'Testing the Standard Model', was chosen because of the many new high precision results that had recently become available from the TEVATRON, SLC, and LEP. The goal was to explore the theoretical background and implications of experiments at these and future facilities, both in and beyond the standard model.

With the advent of the Superconducting Super Collider and other new technologies, coupled with the development of particle astrophysics and other non-accelerator based physics, research in high energy particle physics in the nineties promises to break into new and exciting frontiers. To chart the directions and opportunities for this new decade, the 1990 Summer Study on High Energy Physics was organized in Snowmass, Colorado. Like previous Snowmass Summer Studies, it plays a key role in shaping research directions and in drawing the particle physics community together.This book of the proceedings examines the full spectrum of important scientific issues and opportunities in high energy particle physics in the decade of the 1990's, including research at existing and anitcipated hadron-hadron, e+e-, and ep colliders; research at fixed-target facilities; the scientific potential of possible new facilities such as B factories; particle astrophysics and non-accelerator based physics; and accelerator and detector initiatives. It also discusses the physics and technical aspects of the initial Superconducting Super Collider experimental program.This volume, therefore, offers a captivating glimpse into the future of high energy physics, and makes essential reading for all physicists interested in assessing the exciting new research opportunities the future technologies would bring.

The proceedings of this important conference consist of plenary and invited papers published in hard copy and CD-ROM versions. The contributed oral and poster presentations are included in the CD-ROM version only.