Walter Schachermeyer, born in 1950 in Linz, Austria, has received--as the first mathematician--the 1998 Wittgenstein Award, Austria's highest honor for scienctific achievement. Since 1998 he holds the Chair for Actuarial and Financial Mathematics at the Vienna University of Technolgoy. Among his achievements is the proof of the "Fundamental Theorem of Asset Pricing" in its general form, which was done in joint work with Freddy Delbaen.Freddy Delbaen, born in 1946 in Duffel/Antwerpen, Belgium, is Professor for Financial Mathematics at the ETH in Zurich since 1995.

Sergio Albeverio: Theory of Dirichlet forms and applications.- Functional analytic background: semigroups, generators, resolvents.- Closed symmetric coercive forms associated with Co-contraction semigroups.- Contraction properties of forms, positivity preserving and submarkovian semigroups.- Potential Theory and Markov Processes associated with Dirichlet Forms.- Diffusions and stochastic differential equations associated with classical Dirichlet forms.- Applications.- Walter Schachermayer: Introduction to the Mathematics of Financial Markets.- Introduction: Bachelier's Thesis from 1900.- Models of Financial Markets on Finite Probability Spaces.- The Binomial Model, Bachelier's Model and the Black-Scholes Model.- The No-Arbitrage Theory for General Processes.- Some Applications of the Fundamental Theorem of Asset Pricing.- Michel Talagrand: Mean field models for spin glasses: a first course.- What this is all about: the REM.- The Sherrington-Kirkpatrick model at high temperature.- The p-spin interaction model.- External field and the replica-symmetric solution.- Exponential inequalities.- Central limit theorems and the Almeida-Thouless line.- Emergence and separation of the lumps in the p-spin interaction model.