### IKYDA 54718970

Stochastic Analysis in Finance and Physics

This project is funded by the

**German Academic Exchange Service**
(

DAAD) and the

**Greek
State Scholarschips Foundation** (

IKY) under the

IKYDA
initiative. The aim of IKYDA projects is to
intensify the bilateral collaboration of scientists in Germany and Greece. Thus,
these projects support scientists from both countries working together on common
projects.

The IKYDA project 54718970 "Stochastic Analysis in Finance and Physics" has
brought together scientists from the following institutions in Germany and
Greece:

The initial funding period is 2 years and the project started in January 2012.
There are 15 members in the project, working together on probability theory,
stochastic processes, and their various applications in mathematical finance and
mathematical physics. There are three main research directions:

- Equilibrium Pricing in Incomplete Markets
- Equilibrium in Stochastic Differential Games with FBSDEs and Jumps
- Condensation and Metastability in Interacting Particle Models.