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These are solutions to the Exercises in the book. The reader should be aware that there are often different correct ways of solving the same exercise and so the reader’s way, even if different from the one presented here, may be correct. The exercises are intended to help the reader to grasp the concepts and to be able to use them. This is better achieved if, whenever possible, the reader tries to solve the Exercises on his/her own before comparing his/her solution with the one presented here. Usually, the explanations are presented here in a sketchy way, leaving the details to the reader.

Introduction to Stochastic Differential Equations with Applications to Modelling in Biology and Finance