Timetable Tuesdays and Thursdays, 16:30-18:00, TU FH, Turm A, 6. Stock, Seminarraum 107 ----------------- Tu, 18.03.2003 Josef Teichmann Generic evolutions of the term structure of interest rates (open abstract) We provide a hypoellipticity result in the spirit of Paul Malliavin for the HJM-equation. The result can be interpreted as an argument for the necessity of finite dimensional realizations in interest rate theory. ----------------- Th, 20.03.2003 Josef Teichmann Stochastic control problems, viscosity solutions, and applications to finance (2) Lecture notes on Nizar Touzi's homepage: http://www.crest.fr/pageperso/lfa/touzi/pise02.pdf http://www.crest.fr/pageperso/lfa/touzi/touzi.htm ------------------ http://www.fam.tuwien.ac.at/events/