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Taming uncertainty and profiting from randomness and low regularity in analysis, stochastics and their applications

Taming uncertainty and profiting from randomness and low regularity in analysis, stochastics and their applications


The Collaborative Research Center is an interdisciplinary endeavor aiming to develop basic concepts and theories for dealing with “good” and “bad” uncertainty. The new insights shall be applied to unsolved problems in various fields of economics and the natural sciences, especially in biology and physics. The CRC consists of 18 projects, most of which are located at the Faculty of Mathematics, but also at the Center for Mathematical Economics, the Faculty of Physics, and the Faculty of Technology. The funding is provided by the German Science Foundation and amounts to about 10 million Euro for the first four years. In particular, it covers 13 doctorate posts and 13 postdoc positions.
“On the one hand, the CRC wants to tame uncertainty and, on the other hand, profit from randomness, and use it wisely” explains SFB spokesman Röckner. There are uncertainties beyond probability-descriptive randomness. Such model uncertainties played a major role in the financial crisis, as investment banks misinterpreted ratings as accurate probabilities.


Guests arriving this week

Name Room Phone Arrival Projects
Natalie Priebe Frank

Vassar College, Dept. of Mathematics, USA
U4-13367197 15.07.2019 A6
Christoph Richard

Universität Erlangen
V5-1214794 17.07.2019 A6
Lorenzo Sadun

The University of Texas at Austin, USA
U4-13367197 15.07.2019 A6

Upcoming Workshops

Aug 12, 2019 – Aug 24, 2019

Location: ZiF Bielefeld University

Organizers: Gernot Akemann, Friedrich Götze

Aug 21, 2019 – Aug 21, 2019

Location: V2-210 / 216

Organizers: Martin Kolb

Sep 25, 2019 – Sep 26, 2019

Location: Bielefeld University

Organizers: L’ubomír Baňas, Lars Diening


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