Place:  Room  Beeta of the Agora building in Mattilanniemi.

Monday, 27-th

13:05         : Opening

13:10 - 14:10 : LUIS ALVAREZ (Turku)
                Optimal stochastic impulse control with
                applications to economics and finance

14:25 - 15:25 : BRUNO  BOUCHARD-DENIZE (Paris VI)
                On the Malliavin approach to Monte Carlo
                approximation of conditional expectations

Coffee break

15:55 - 16:55 : JUSSI KEPPO (University of Michigan)
                Market conditions under large agents

18:30 Dinner

Tuesday, 28-th

 9:30 - 10:15 : FRIEDRICH HUBALEK (Vienna)
                On Option pricing with Levy driven Ornstein-Uhlenbeck
                type volatility and multivariate extensions -
                Theory and implementation

10:30 - 11:00   TOMMI VUORENMAA (University of Helsinki)
                The Fractal Character of Stock Market Prices: Some Empirical
                Evidence from the Helsinki Stock Exchange

Lunch

12:15 - 13:00 : ESKO VALKEILA (Helsinki)
                Prior information and insider trading

13:15 - 14:15 : WOLFGANG SCHMIDT (Frankfurt/Main)
                Pricing and Hedging Basket Credit Derivatives

Coffee break

15:00 - 16:00 : PAAVO SALMINEN (Turku)
                On a storage process with local time input