Members of the Department for Finance and Insurance
Members of the Department for Finance and Insurance
- Prof. Dr. Giorgio Ferrari
Prof. Dr. Giorgio Ferrari
Professor of Mathematical Finance at Bielefeld University
Email: giorgio.ferrari[at]uni-bielefeld.de
Short Curriculum Vitae
Giorgio Ferrari is a Full Professor of Mathematical Finance at the Center for Mathematical Economics (IMW), Bielefeld University. He obtained his Ph.D. in Mathematics for Economic and Financial Applications from the University of Rome “La Sapienza” in 2012. He then joined IMW as a postdoctoral researcher (2012–2016), later serving as Junior Professor (2016-2017) and Associate Professor (2017-2023). He is currently Director of the Bielefeld Graduate School in Theoretical Sciences (BGTS), Associate Editor of the journal Mathematics and Financial Economics, and co-chair of the international scientific network AMaMeF.
Research Interest
His research interests lie in stochastic control and game theory, and their applications to economics and finance. Particular attention is devoted to dynamic stochastic optimization problems and (mean-field) games involving singular controls and stopping rules, as well as to the analysis of the corresponding free-boundary problems. His research has been published in leading journals in the field, including SIAM Journal on Control and Optimization, Mathematics of Operations Research, Operations Research, The Annals of Applied Probability, Finance and Stochastics, and Mathematical Finance.
Three representative publications
- G. Ferrari, On an Integral Equation for the Free-Boundary of Stochastic, Irreversible Investment Problems, Annals of Applied Probability 25(1) (2015), pp. 150-176.
- F. Dammann, G. Ferrari, Optimal Execution with Multiplicative Price Impact and Incomplete Information on the Return, Finance and Stochastics 27(3) (2023), pp. 713-768.
- R. A\"id, M. Basei, G. Ferrari, A Stationary Mean-Field Equilibrium Model of Irreversible Investment in a Two-Regime Economy, Operations Research 73(5) (2025), pp. 2351-2374
Projects and third-party funding
Giorgio Ferrari is Principal Investigator of Project C4 in the Collaborative Research Center 1283, a Principal Investigator in the Research Training Group 2865, and a member of Bielefeld University’s Focus Areas QUAMU and ESyMath.
- Prof. Dr. Peter Limbach
Prof. Dr. Peter Limbach
Professor of Finance and Corporate Governance at Bielefeld University
Email: peter.limbach[at]uni-bielefeld.de
Short Curriculum Vitae
Before joining the University of Bielefeld in May 2021, Peter Limbach was the CFR Junior-Professor of Investments at the University of Cologne. He holds a German Diploma (equivalent to MSc) in economics from the University of Bonn and a PhD in finance from the Karlsruhe Institute of Technology. Peter is a research fellow of the Centre for Financial Research (CFR), Cologne, as well as a member of the Hamburg Financial Research Center (HFRC). His research papers have been published in leading scientific journals in accounting and finance and have repeatedly been accepted for presentation at top academic conferences, such as the Western Finance Association annual meetings and the AAA FARS Mid-Year meetings. Peter organizes one of Europe’s leading virtual research seminars in accounting and finance. Also, since 2021, Peter has held the position of vice chairman of the scientific commission Banking and Finance of the German Academic Association for Business Research (VHB), and since 2022, he has served as co-editor of Management Review Quarterly.
Research Interest
Prof. Peter Limbach is an expert on various topics in applied econometrics, corporate finance and governance as well as corporate sustainability. Via the German Academic Association for Business Research (VHB), he offers the course “Empirical Corporate Sustainability Research” for PhDs across the German-speaking countries. Peter is also very passionate about topics of business valuation.
Representative publications
- Sell-Side Analysts with Accounting Experience (Peter Limbach with Christian Andres, Francois Brochet, and Nicola Schumacher), Review of Accounting Studies, forthcoming.
- Does Speculative News Hurt Productivity? Evidence from Takeover Rumors (Peter Limbach with Christian Andres, Dimitry Bazhutov, Douglas Cumming, and Gerrit Köchling), Journal of Financial and Quantitative Analysis 60, 2952-2996, 2025.
- The Supply and Effectiveness of Investor Relations in Insider- vs. Outsider-Oriented Markets (Peter Limbach with Dimitry Bazhutov, André Betzer, Francois Brochet, and Markus Doumet), Management Science 69, 660-683, 2023.
- CEO Tenure and Firm Value (Peter Limbach with Francois Brochet, Markus Schmid, and Meik Scholz-Daneshgari), The Accounting Review 96, 47-71, 2021.
- Prof. Dr. Frank Riedel
- Prof. Dr. Maren Diane Schmeck
