Center for Mathematical Economics

CUDE Welcome Event

Center for Mathematical Economics — Thu, 12 Oct 2023 00:00:00 +0200

The IMW is happy to welcome the first cohort of the CUDE RTG 2865 to Bielefeld. Today, we celebrate the start of the research training group with talks by Angelika Epple, the rector of Bielefeld University, Frank Riedel, the director of the IMW, Herbert Dawid, the chairman of the BiGSEM as well as a scientific talk by Jean-Marc Tallon, our Mercator fellow.

Giogrio Ferrari gives a talk at Univ. Jena

Center for Mathematical Economics — Tue, 1 Feb 2022 12:03:15 +0100

Giorgio Ferrari gives a virtual talk in the Stochastics Seminar of Jena University on February 3rd, 2022. The title of the talk is "Two-sided singular control of an inventory with unknown demand trend".

Jodi Dianetti successfully defended his dissertation

Center for Mathematical Economics — Mon, 20 Dec 2021 11:25:39 +0100

On December 17, Jodi Dianetti successfully defended his doctoral thesis with the title "Stochastic singular control: Existence, characterization and approximation of solutions in cost minimization problems and games". We congratulate him on his success and are happy to have him working at the IMW as a post-doc!

Julian Hölzermann successfully defended his dissertation

Center for Mathematical Economics — Tue, 23 Nov 2021 19:08:55 +0100

On November 19, Julian Hölzermann successfully defended his doctoral thesis with the title "Term Structure Modeling and the Pricing of Interest Rates under Volatility Uncertainty". We congratulate him on his success and wish him all the best for the future!

Max Nendel nominated for Karl Peter Grotemeyer Award

Center for Mathematical Economics — Fri, 29 Oct 2021 11:09:32 +0200

Prof. Dr. Max Nendel has been nominated for the Karl Peter Grotemeyer Award in the academic year 2021. The Award has been awarded annually by students of all disciplines since 1996. Congratulations!

Max Nendel begins professorship at IMW

Center for Mathematical Economics — Fri, 28 May 2021 12:41:33 +0200

On June 1st, 2021, Dr. Max Nendel will start his professorship at the Center for Mathematical Economics. Congratulations!

Giorgio Ferrari obtained a second Italian national habilitation as Full Professor

Center for Mathematical Economics — Fri, 13 Nov 2020 10:52:39 +0100

Giorgio Ferrari obtained the Italian national habilitation as Full Professor in Mathematics for Economics, Finance and Actuarial Sciences as well. Congratulazioni!

Giorgio Ferrari obtained Italian national habilitation as Full Professor

Center for Mathematical Economics — Tue, 10 Nov 2020 11:34:59 +0100

Giorgio Ferrari obtained the Italian national habilitation as Full Professor in Probability and Mathematical Statistics. Congratulazioni!

Giorgio Ferrari gives a talk at the Department of Economics and Management of the University of Brescia (March 22)

Center for Mathematical Economics — Wed, 20 Mar 2019 14:26:24 +0100

On March 22, Giorgio Ferrari gives a talk on "Optimal Reduction of Public Debt under Partial Observation of the Economic Growth" at the Department of Economics and Management of the University of Brescia.

Giorgio Ferrari gives a talk at the Department of Mathematics of the University of Padova (March 21)

Center for Mathematical Economics — Wed, 20 Mar 2019 14:15:18 +0100

On March 21, Giorgio Ferrari gives a talk on An Optimal Extraction Problem with Price Impact at the Department of Mathematics of the University of Padova.

Frank Riedel gives a talk at University of Pretoria (March 18)

Center for Mathematical Economics — Thu, 14 Mar 2019 13:07:53 +0100

Frank Riedel gives a talk on Viability and Arbitrage under Knightian Uncertainty on Monday, 18.03.2019 at the University of Pretoria.

Maren Schmeck and Giorgio Ferrari are visiting the Department of Mathematics of the University of Padova (March 2019)

Center for Mathematical Economics — Fri, 22 Feb 2019 14:17:49 +0100

Maren Schmeck and Giorgio Ferrari are visiting the Department of Mathematics of the University of Padova in March 2019. Giorgio Ferrari holds a visiting professorship funded through the competitive Program ”Visiting Scientist-2019” of the University of Padova, and he will deliver a Ph.D. course on Optimal Stopping, Singular and Impulsive Stocahstic Control and their Applications to Economics and Finance.

Frank Riedel teaches a class on Knightian Uncertainty at the Summer School at Lake Como School for Advanced Studies (July 22-27)

Center for Mathematical Economics — Fri, 20 Jul 2018 11:59:00 +0200

Frank Riedel teaches a class on Knightian Uncertainty at the Summer School ”COMPLEXITY AND EMERGENCE: IDEAS, METHODS, WITH A SPECIAL ATTENTION TO ECONOMICS AND FINANCE" at the Lake Como School for Advanced Studies (July 22-27, 2018).

Miryana Grigorova is giving a mini-course at the First Research School in Financial Mathematics in Ibadan, Nigeria (June 18-22)

Center for Mathematical Economics — Wed, 13 Jun 2018 10:34:47 +0200

Miryana Grigorova is giving a mini-course on Optimal Stopping with Financial Applications at the First Research School in Financial Mathematics in Ibadan, Nigeria, 18-22 June.

Giorgio Ferrari and Maren Schmeck give seminars at the Department of Mathematics of the University of Padova (March 29)

Center for Mathematical Economics — Mon, 26 Mar 2018 13:15:34 +0200

On March 29 Giorgio Ferrari and Maren Schmeck give seminars at the Department of Mathematics of the University of Padova. Giorgio Ferrari presents An Optimal Dividend Problem with Capital Injections over a Finite Horizon. Maren Schmeck presents Optimal Reinsurance under Regime Switching in a Brownian Risk Model.

Frank Riedel speaks at the VI Workshop on Equilibrium Analysis (January 26-27)

Center for Mathematical Economics — Thu, 25 Jan 2018 12:17:40 +0100

Frank Riedel speaks about Equilibrium under Knightian Price Uncertainty at the VI Workshop on Equilibrium Analysis, Napoli on January 26-27, 2018.

Frank Riedel gives a talk in Southampton on „Equilibria under Knightian Price Uncertainty“ (November 8)

Center for Mathematical Economics — Mon, 6 Nov 2017 10:39:37 +0100

Frank Riedel gives a talk at the University of Southampton on Equilibria under Knightian Price Uncertainty on November 8, 2017.

Frank Riedel Session Organizer and Presenter at SAET Meeting Faro 2017

Center for Mathematical Economics — Mon, 26 Jun 2017 15:23:59 +0200

As a member of the Editorial Board of the journal Economic Theory, Frank Riedel organizes a session at the meeting of the Society for Advancement of Economic Theory in Faro 2017. He presents a talk on „Purification of Ellsberg Equilibria“. .

Oktay Sürücü presents at CEPET Workshop in Udine (June 22-23)

Center for Mathematical Economics — Mon, 19 Jun 2017 13:20:56 +0200

Oktay Sürücü presents at CEPET Workshop in Udine (June 22-23).

Walter Trockel gives a Seminar at the University of Zürich (May 31)

Center for Mathematical Economics — Mon, 24 Apr 2017 19:37:38 +0200

Walter Trockel gives a Seminar on May 31st at the University of Zürich on The Nash Solution: Nash Program and Implementation.

Frank Riedel gives a seminar at Queen Mary University of London (February 16)

Center for Mathematical Economics — Wed, 15 Feb 2017 12:18:37 +0100

Frank Riedel gives a seminar at Queen Mary University of London on Ellsberg Games on February 16, 2017.

Jan-Henrik Steg presents at the XVIII Workshop at the University of Milan-Bicocca (January 26)

Center for Mathematical Economics — Wed, 25 Jan 2017 12:34:16 +0100

Jan-Henrik Steg presents the paper Quick or Persistent? On the Feedback Effects between First and Second-Mover Advantages in a Stochastic Investment Game at the XVIII Workshop on Quantitative Finance at the University of Milano Bicocca.

Anna Zaharieva gives a talk at the University of Osnabrück (November 21)

Center for Mathematical Economics — Thu, 1 Sep 2016 12:13:16 +0200

Anna Zaharieva is invited to the University of Osnabrück to give a talk about Immigration Research in Labour Economics: an Overview during the event „Ringvorlesung: Problemstellungen interdisziplinärer und interkultureller Migrationsforschung Internationale Migration und Interkulturelle Beziehungen (IMIB)” on 21.11.2016.

Frank Riedel gives a talk at the Australian National University on „Ellsberg Games“, August 18 2016.

Center for Mathematical Economics — Wed, 17 Aug 2016 14:31:19 +0200

Frank Riedel gives a talk at the Australian National University on „Ellsberg Games“, August 18 2016.

Abstract We propose a framework for normal form games where players can use Knightian uncertainty strategically. In such Ellsberg games, ambiguity–averse players may render their actions objectively ambiguous by using devices such as Ellsberg urns, in addition to the standard mixed strategies. While Nash equilibria remain equilibria in the extended game, there arise new Ellsberg equilibria with distinct outcomes, as we illustrate by negotiation games with three players. We characterize Ellsberg equilibria in two–person games with conflicting interests. These equilibria turn out to be consistent with experimental deviations from Nash equilibrium play. We also discuss extensions to dynamic games and a version of Harsanyi’s purification theorem if time permits.

Walter Trockel presents at the Symposium in Honor of Werner Hildenbrand

Center for Mathematical Economics — Wed, 25 May 2016 13:41:37 +0200

Walter Trockel gives a talk on "Competitive prices in coalitional games and in the Nash program" at the Symposium in Honor of Werner Hildenbrand taking place at the Hausdorff Center for Mathematics, University of Bonn, on June 4.