SFB Workshop on Dynamic Models of Strategic Investment under Uncertainty


We thank everyone for participation and contribution to our successful workshop.


December 17 – 18, 2018, Bielefeld University

The workshop covers newest developments in the analysis of dynamic investment problems in Industrial Organization, Real Options, and related areas. The workshop is carried out within the collaborative research center 'Taming Uncertainty' (CRC1283, https://www.sfb1283.uni-bielefeld.de/Pages/home) at Bielefeld University. and is funded by the German Science Foundation in the framework of this CRC.


Plenary Speakers:

Ulrich Doraszelski (Wharton School, University of Pennsylvania)  

Dharma Kwon (University of Illinois)  





Confirmed Speakers:

Benoit Chevalier-Roignant (King’s College London)

Giorgio Ferrari (IMW Center for Mathematical Economics, Bielefeld)

Serhat Gezer (Bielefeld University)

Fausto Gozzi (Dipartimento di Economia e Finanza LUISS University)

Verena Hagspiel (Norwegian University of Science and Technology (NTNU)) / Nicola Comincioli (University of Brescia)

Nick Huberts (University of York)

K.J.M. Huismann (Tilburg University)

Maria Lavrutich (Norwegian University of Science and Technology)

Elmar Lukas (Otto-von-Guericke University Magdeburg)

Roel Nagy (Norwegian University of Science and Technology)

Claudia Nunes (CEMAT Center for Computational and Stochastic Mathematics, Lisboa)

Frank Riedel (IMW Center for Mathematical Economics, Bielefeld)

Takashi Shibata (Tokyo Metropolitan University)

Jan-Henrik Steg (IMW Center for Mathematical Economics, Bielefeld)

Jacco Thijssen (University of York)

Sergio Vergalli / Marta Castellini (University of Brescia)

Florian Wagener (Universiteit van Amsterdam)

Xingang Wen (Bielefeld University)



Hotel Bielefelder Hof
The Hotel Bielefelder Hof is close to the central station and the tram station.

Travel to the Location (Studierendenwerk Bielefeld, Mogenbreede 2 - 4, Room 1.01)

From Bielefeld central station you could take a taxi to the location (approx. 10 mins, 15 €).

If you prefer to take the tram (there is a tram station directly near the hotel) please choose the red line No. 4, direction "Lohmannshof" to Bielefeld University "Universität" (Tram Map), or if you want to go to the workshop location directly, please get off at tram stop "Bültmannshof". From there it is about 600 metres by feet (see this map).

You can also choose the bus. Here please take Line No. 62 starting from "Bielefeld Hauptbahnhof" to the university and/or the workshop location (see draft and timetable)

Tickets can be bought at every station at vending machines. The price for a one-way ticket is 2,70 € and 8,80 € for four tickets. The tickets need to be stamped inside the tram/bus.

Tickets can be bought on every station in vending machines. The price for a one-way ticket is 2.50 € and a ticket for four trips 8.40 €. Tickets are to be stamped inside the tram/bus.

Travel to Bielefeld

If you are arriving by plane, we would recommend the following airports:

  • Hannover (approx. 110 km from Bielefeld)
    Intercity trains from Hannover to Bielefeld leave at least every hour. The journey takes approx. 50 mins (it is not necessary to change trains). You can take the S-Bahn (No. 5, departs every 30 mins – duration 12 mins) or the airport tansfer bus from Hannover airport to the City Air Terminal at the train station (departures every 20/30 minutes, travel time approx. 25 mins) – or you can take a taxi.
  • Düsseldorf (approx. 190 km from Bielefeld)
    From Düsseldorf airport there are direct connections to Bielefeld. The Intercity trains (ICE) leave every half hour during day time (duration approx. 1 ¾ hours). On some connections you may have to change at Dortmund, with the connecting trains stopping at the same platform.

Here are the webpage from the German Railways (“Deutsche Bahn”): https://www.bahn.com/en/view/index.shtml

University Campus Map


New Working Paper


Hötte, K. (2019) Skill Transferability and the Stability of Transition Pathways - A Learning-Based Explanation for Patterns of Diffusion, Bielefeld Working Papers 09-2019

New Working Paper


Hötte, K. (2019) Eurace@unibi-eco: A model of technology transitions - v1.1 Model documentation, Bielefeld Working Papers 08-2019

Invited Talk


Herbert Dawid gives an invited talk on 'Efficiency Gains of Social Influence in a Minimum Effort Game' at the Workshop on Computational and Experimental Economics in Barcelona on June 11.

New Journal Article Accepted


Bigerna, S., Hagspiel, V., Kort, P., Wen, X. (2019) Green Electricity Investments: Environmental Target and the Optimal Subsidy, European Journal of Operational Research

New Working Paper


Dawid, H., Muehlheusser, G. (2019) Smart Products: Liability, Timing of Market Introduction, and Investments in Product Safety, Bielefeld Working Paper 07-2019

Conference Presentation


Herbert Dawid will give an invited talk on 'The Effect of De-centralized Wage Setting on Growth and Inequality: The Role of Skill Heterogeneity' at the ICC-Tsinghua University Conference on 'Innovation, Macroeconomic Dynamics, Economic Development and Catch-Up' from May 23-25, 2019 in Beijing.

Newspaper Article


The daily newspaper Westfalenblatt reports on the tradition of game theoretic research at Bielefeld University featuring Herbert Dawid (Spieltheorie hat Tradition in Bielefeld)

New Working Paper


Dawid, H., Harting, Ph., Neugart, M. (2019) The Role of (De-)Centralized Wage Setting for Industry Dynamics and Economic Growth: An Agent-Based Analysis with the Eurace@Unibi Model, Bielefeld Working Paper 06_2019

New Journal Publication


Gezer, S. (2019) Delaying product introduction: A dynamic analysis with endogenous time horizon, Journal of Economic Dynamics and Control, Vol. 102, Pages 96-114

New Working Paper


Dawid, H., Mitkova, M., Zaharieva, A. (2019) Optimal Promotions of Competing Firms in a Frictional Labour Market with Organizational Hierarchies, Bielefeld Working Papers 03-2019

New Working Paper


Dawid, H., Kopel, M., Kort, P. (2019) Product Innovation With Partial Capacity Rollover, Bielefeld Working Papers No. 2-2019

New Working Paper


Alaverdyan, S., Zaharieva, A. (2019) Immigration, Social Networks and Occupational Mismatch Bielefeld Working Papers No. 4-2019


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