The Paris-Princeton Lectures in Financial Mathematics of which this is the third volume will
on an annual basis publish cutting-edge research in self-contained expository articles from
outstanding - established or upcoming! - specialists. The aim is to produce a series of
articles that can serve as an introductory reference for research in the field. It arises as a
result of frequent exchanges between the finance and financial mathematics groups in Paris and
Princeton. The present volume sets standards with articles by René Carmona Ivar Ekeland Erik
Taflin Arturo Kohatsu-Higa Pierre-Louis Lions Jean-Michel Lasry and Hyuên Pham.
