Thisvolumecontainsaselectionofpapersinmodernoperatortheoryanditsapp- cations. Most of them are directly related to lectures presented at the Fourteenth International Workshop on Operator Theory and its Applications (IWOTA 2003) held at the University of Cagliari, Italy, in the period of June 24-27, 2003. The workshop, which was attended by 108 mathematicians - including a number of PhD and postdoctoral students - from 22 countries, presented eight...