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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
Nick Huberts

University of York, UK
21.11.2019 C2
Vasili Bernik

National Academy of Sciences of Belarus, Minsk
V3-2062621 20.11.2019 A4
Satoshi Ishiwata

Yamagata University, Japan
V4-2355010 18.11.2019 A3

Upcoming Workshops

Dec 05, 2019 – Dec 07, 2019

Location: ZiF Bielefeld University

Organizers: Gernot Akemann, Igor Krasovsky, Dmitry Savin, Igor Smolyarenko

Jun 22, 2020 – Jun 26, 2020

Location: Bielefeld University

Organizers: Sebastian Herr, Roland Donninger


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