© Universität Bielefeld
Welcome at ETACE - Chair for Economic Theory and Computational Economics
Postal Address:
Universität Bielefeld
Fakultät für Wirtschaftswissenschaften
Universitätsstr. 25
D-33615 Bielefeld
Contact:
Tel.: +49 521 106-6931
E-mail: etace(et)uni-bielefeld.de
Latest News
Plenary Talk
17.06.2024
On June 20, 2024 Herbert Dawid will give a plenary talk at the 30th International Conference on Computing in Economics and Finance on "The Effect of Algorithmic Decision Making in Markets".
Keynote Talk
18.04.2024
Herbert Dawid will give a keynote talk on 'The quest for unified behavioral rules in (macro-economic) agent-based models' at the IIASA-MacroABM Workshop held at the International Institute for Applied System Analysis (IIASA) in Laxenburg on April 18 and 19.
New Journal Publication
04.03.2024
Dawid H, Di X, Kort PM, Muehlheusser G (2024), "Autonomous vehicles policy and safety investment: An equilibrium analysis with endogenous demand", Transportation Research Part B: Methodological 182: 102908.
Abstract: In this paper, we present novel data from the German-speaking area on 13,422 venture capital investments between 1999 and 2019, and document a novel and yet unexplained contributor to investors' home bias. We propose a new measure of regional identity based on a recent vehicle license plate liberalization in Germany, and leverage on a unique dataset of historical borders to examine how regional identity is formed. We use an instrumental strategy to establish a causal link between historical political instability, regional identity, and the home bias. Our results indicate that a common regional identity is highly relevant for investment decisions.