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  • Economic Theory and Computational Economics (ETACE)

    Prof. Dr. Herbert Dawid

    © Universität Bielefeld

Welcome at ETACE - Chair for Economic Theory and Computational Economics


Postal Address:
Universität Bielefeld
Fakultät für Wirtschaftswissenschaften
Universitätsstr. 25
D-33615 Bielefeld

Tel.: +49 521 106-6931
E-mail: etace(et)


Latest News

New Article


Makarewicz, T. (2023), Upadek SVB, banku Doliny Krzemowej. Jak do tego doszło i czy powtórzy się kryzys z 2008? [ANALIZA]

Research Presentation


On February 4, 2023 Herbert Dawid will give a talk on "Implications of Algorithmic Wage Setting on Online Labor Platforms: A Simulation-Based Analysis" at the Workshop on Computational and Experimental Economics in Memory of Jasmina Arifovic at Simon Fraser University in Vancouver. Herbert Dawid is also co-organizer of the workshop.

Research Presentation


Herbert Dawid will give a talk on 'Digital Product Innovation and Global Value Chains: An Agent-Based Analysis'  on January 23, 2023 at the University of Klagenfurt.

New Project


The Federal Ministry of Economic Affairs and Climate Action (BMWK) has granted a new joint research project with the Energy Systems Analysis group of the German Aerospace Center (DLR). The EWaGI project aims at studying sectoral and macroeconomic implications of the energy transition, thereby focusing on heterogeneous firm behavior in response to rising energy prices. The three-year project starts in December 2022. Principle investigator is Philipp Harting.

With about 70 million dead, World War II remains the most devastating conflict in history. Of the survivors, millions were displaced, returned maimed from the battlefield, or spent years in captivity. We examine the impact of these wartime experiences on labor market careers and find that they often become apparent only at certain life stages. While war injuries reduced employment in old age, former prisoners of war postponed their retirement. Among older cohorts, many displaced persons never returned to employment. We show that these responses are in line with a standard life-cycle model and thus likely extend to other conflicts.

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