This volume constitutes the proceedings of the first conference on the specific subject of radiative corrections (quantum effects) to physical processes within the framework of the minimal supersymmetric standard model (MSSM). While there have been many conferences covering general aspects of supersymmetry, this one brought together leading experts on phenomenological aspects of SUSY and focused on the search for indirect effects of supersymmetric particles. Participants discussed the status and perspectives of the MSSM from the viewpoint of present and future high precision experiments at LEP, Tevatron, LHC and at a future NLC.