QUAMU: Quantifying and Managing Uncertainty
Persistent uncertainty is a hallmark of today’s societies, evident in financial speculations and crises, climate change, health, pandemics and pension system stability. The QUAMU focus area develops new methods in decision theory, economics, mathematics and statistics to deal with new challenges coming from data science, sports, and biology by quantifying and managing uncertainties.
QUAMU is build around the IMW and several large third-party funded projects: The Research Training Group 2865 CUDE, “Coping with Uncertainty in Dynamic Economies”, the Collaborative Research Center 1283, “Taming Uncertainty” and the Marie Skłodowska-Curie Action EPOC (Economic Policy in Complex Environments).
Latest News & Events
19.08.2026
Bielefeld University invites the public to a free Science Café (Wissenschaftlich belegt) on September 17 at 7p.m. at Wissenswerkstadt Bielefeld. Mathematical economists Professor Dr. Frank Riedel and Dr. Gerrit Bauch will discuss how game theory can help explain negotiation, trust, risk, conflict, and cooperation among individuals, states, and businesses. Registration (free of charge) is required. Further information at aktuell and Wissenswerkstadt.
13.06.2026
The "WM-Fieber" study starts now and is conducted by our researchers using smartwatch data to analyze how football fans physically react to live World Cup matches. Find an exemplary news article about it here.
02.03.2026
From March 2-13, 2026, the QUAMU Focus Group takes place at the Center for Interdisciplinary Research with many interesting talks, international guests, panel discussions and further events. Read more here.
