Directed polymers are a statistical mechanics model for random growth.  Their partition functions are solutions to a discrete stochastic heat equation.  This talk will discuss their logarithmic derivatives, which are solutions to a discrete stochastic Burgers equation.  Of interest is the success or failure of the  "one force-one solution principle" for this equation.  I will…

We give an explicit description of the jointly invariant measures for the KPZ equation. These are couplings of Brownian motions with drift, and can be extended to a process defined for all drift parameters simultaneously. We term this process the KPZ horizon (KPZH). As a corollary of this description, we resolve a recent conjecture of…

In this talk, I will present recent results on game theoretical formulation of optimal debt management problems in an infinite time horizon with exponential discount, modeled as a noncooperative interaction between a borrower and a pool of risk-neutral lenders. Here, the yearly income of the borrower is governed by a stochastic process and bankruptcy instantly occurs…