Awards

Among those studying, teaching and conducting research at the Faculty of Economics and Business are numerous award winners who have been honoured with prestigious academic prizes, individual distinctions and awards for theses and dissertations. The strong representation of young researchers is especially pleasing, as it underlines the high quality of education offered by the Faculty.

A selection can be found below.

Balint Tatar For his paper "Bayesian Estimation of DSGE Models with Hamiltonian Monte Carlo," Ph.D. student Balint Tatar received the Honorable Mention Award at this year's International Association for Applied Econometrics conference. The association honors young scientists for special research results they present at the annual conference.
Simon Heß

Dr. Simon Heß, postdoctoral researcher at the Chair of Development Economics, was awarded the “Young Researcher Award for Excellence in Policy Relevant Research on Developing Countries” by the Research Group on Development Economics of the Verein für Socialpolitik. The prize recognizes dissertations that combine original research with practical relevance. The prize is awarded with the support of the KfW Development Bank. Up to three prizes are awarded annually.

Further information on the award can be found here.

Christoph Brenner The Science Award 2021 for the best dissertation was awarded to Dr. Christoph Brenner from Goethe University. In his dissertation, which was supervised by Prof. Oliver Hinz, Professor of Business Informatics and Information Management at the Faculty of Economics and Business, Dr. Brenner examined the topic of Performance Marketing.
Simon HeßSimon Heß was awarded the "Sturm & Drang Prize" 2020 for the best publication by a young researcher of the Faculty of Economics and Business. To learn more about the paper, or read the laudatory speech, please click here.
Bertram SchefoldThe economist Prof. Bertram Schefold was appointed as Honorary Professor at Peking University (PKU). Further information can be found here.
Benjamin Clapham Dr. Benjamin Clapham was awarded the Research Prize 2020 of the Frankfurt Institute for Risk Management and Regulation for his dissertation "Integrity and Efficiency of Electronic Securities Markets: Fraud Detection, Safeguards, and the Role of High-Frequency Trading". The dissertation was supervised by Prof. Gomber (Chair of e-Finance).
Nicola Fuchs-Schündeln Nicola Fuchs-Schündeln, Professor of Macroeconomics and Development, was appointed to the new international expert commission on major economic challenges set up by French President Emmanuel Macron. Under the leadership of Nobel Laureate Jean Tirole and former Chief Economist of the International Monetary Fund Olivier Blanchard, two dozen economists from around the world are working on forward-looking strategies to address issues of inequality, climate change and demographics. Further information can be found here.
Nicola Fuchs-Schündeln The Editorial Board of the Review of Economic Studies elected Nicola Fuchs-Schündeln, Professor of Macroeconomics and Development, as Chair. Her mandate runs until 2023. The Review of Economic Studies was founded in 1933 and is the only of the so-called “Top 5” economics journals to be published in Europe.
Peter Gomber Prof. Dr Peter Gomber was elected for three more years as a member of the Exchange Council at the Frankfurt Stock Exchange (FSE). The Exchange Council is a key forum for discussing fundamental issues and developments at the FSE. Among other things, the Exchange Council is responsible for the appointment, withdrawal and supervision of the executive management. Furthermore, it issues the Exchange Rules, the Fee Regulations and the Conditions for Transactions on the Exchange. Prof. Dr. Gomber is a member of the Council since 2011.
Simone WiesSimone Wies was awarded the "Sturm & Drang Prize" 2019 for the best publication by a young researcher of the Faculty of Economics and Business. To learn more about the paper, or read the laudatory speech, please click here.
Nicola Fuchs-Schündeln Nicola Fuchs-Schündeln was appointed to the new Franco-German Council of Economic Experts. The economist from Frankfurt will be involved in the counseling of Franco-German policy in the future.
Rainer Haselmann This year Rainer Haselmann receives the prize of the Berlin-Brandenburg Academy of Sciences and Humanities (Berlin-Brandenburgische Akademie der Wissenschaften BBAW). The prize, donated by the Commerzbank Foundation, honors outstanding academic achievements in the field of law and economics
Jan-Hendrik Weinert Dr. Jan-Hendrik Weinert was awarded the GAUSS Young Researcher Award 2018 by the German Society for Insurance and Financial Mathematics (DGVFM) and the German Actuarial Association (DAV) for his outstanding dissertation “Essays on Tontine Annuities”, which he wrote at the Chair of Insurance and Regulation and the International Center for Insurance Regulation (ICIR). View press release
Arina Brutyan      

For the 18th time, DZ BANK Group in Frankfurt awarded one of the most highly endowed university prizes in the German economy. On 29 March, the top graduates who had submitted outstanding theses for the 2019 Career Prize were honoured at DZ BANK Group’s 2019 Career Prize ceremony.
Arina Brutyan won first place in the Master's category for her thesis “The Impact of Solvency II on the Capital Structure of European Insurers”, which she wrote at the Chair of Insurance and Regulation and the International Center for Insurance Regulation (ICIR). View press release

Bernd Skiera

Prof. Dr. Bernd Skiera receives ERC-Advanced Investigator Grant from the European Research Council.
Link to University News
Nicola Fuchs-Schündeln For her project “Macro- and Microeconomic Analyses of Heterogeneous Labor Market Outcomes”, Leibniz Prize winner Nicola Fuchs-Schündeln received a Consolidator Grant of 1.6 million euros from the European Research Council (ERC). The ERC Consolidator Grant is one of the most highly endowed science funding prizes in the European Union. View press release from Goethe University
Daniel Blaseg und Armin Schwienbacher In October 2018, Daniel Blaseg and his co-author Armin Schwienbacher were awarded the prestigious KSG Best Entrepreneurship Research Award 2018 for their work "The Fallacy Problem of Entrepreneurs" at the 22nd Annual Interdisciplinary Conference on Entrepreneurship, Innovation and SMEs (G-Forum) in Stuttgart, one of the largest conferences on entrepreneurship in Europe.
Anna Rohlfing-Bastian As of 1st January 2019 Prof. Dr. Rohlfing-Bastian took over the Chair of the GEABA e.V. You can find more information here.
Johannes Wohlfart und Christopher Roth At the annual conference of the Verein für Socialpolitik in Freiburg, Johannes Wohlfart, a PhD student from Frankfurt, and his co-author Christopher Roth (briq - Institute on Behavior & Inequality, Bonn) were awarded the 2018 Reinhard Selten Prize for their research paper “How Do Expectations About the Macroeconomy Affect Personal Expectations and Behavior?”
Maddalena Davoli Maddalena Davoli has won the M. Jesús San Segundo Second Prize Award of the “Economics of Education Association” for presenting the paper “Financial Literacy and Socialist Education: Lessons from the German Reunification” at the XVII Meeting of the association in Barcelona. The prize goes to the best paper presented by young authors. The paper is joint work with Jia Hou (SAFE).
Maddalena Davoli is a doctoral candidate under supervision of Professor Horst Entorf at the Department of Applied Econometrics and International Economic Policy.
Seonho Shin Seonho Shin, a doctoral candidate at the Department of Applied Econometrics and International Economic Policy (Primary supervisor: Prof. Dr. Horst Entorf, Second supervisor: J. Prof. Jin-Young Choi, Ph.D.) and a research associate at the Chair of Econometrics led by Prof. Dr. Horst Entorf, has been awarded the Best Paper Award by the French National Center for Scientific Research (CNRS) hosting the 11th Vietnamese Economists Annual Meeting. The meeting was held at Foreign Trade University in Hanoi, the capital of Vietnam, with major press media present.
His paper titled "Were they a shock or an opportunity? The September 11th attacks and the labor market outcomes of political refugees in the United States - A revisit with non-linear multi-level approaches" was chosen due to both its unique empirical contributions to labor economics and advanced econometric techniques that should attract other economists, according to the statement of a referee. The award came with a cash prize as well.
Dr. Elia Berdin Dr. Elia Berdin's dissertation "Essays in Microprudential and Macroprudential Supervision in Insurance" was awarded one of the three best dissertations submitted in the Research Prize 2018 of the Frankfurt Institute for Risk Management and Regulation (FIRM). Dr. Berdin, an alumnus of the Chair of Insurance and Regulation and ICIR, presented his research at the FIRM Research Conference in Glashütten/Ts on June 14, 2018.
Oliver Hinz, Bernd Skiera The Sheth Foundation rewarded our Professors Hinz and Skiera with the Journal of Marketing Award for the long term contributions to the field of marketing for their article: Hinz, O., Skiera, B., Barrot, C., & Becker, J.U. (2011). Seeding strategies for viral marketing: An empirical comparison. Journal of Marketing, 75(6), 55-71.
Dr. Martin Haferkorn Dr. Martin Haferkorn was awarded the University Prize of the Deutsches Aktieninstitut for his dissertation “High-Frequency Trading in Fragmented European Equity Markets – Implications for Market Quality” (supervised by Prof. Dr. Peter Gomber).
Welderufael B. Tesfay, Peter Hofmann, Toru Nakamura, Shinsaku Kiyomoto The Web Conference 2018 has selected the “I Read but Don’t Agree: Privacy Policy Benchmarking using Machine Learning and the EU GDPR” paper by Welderufael B. Tesfay, Peter Hofmann, Toru Nakamura, Shinsaku Kiyomoto and Jetzabel Serna for the Best Demo Award. The paper proposes a machine learning based approach to evaluate lengthy privacy policies and present them in short and condensed notes that are easy to understand by ordinary users that would otherwise have difficulty comprehending the complex privacy policy document. It considers the EU GDPR for the development of the assessment criteria, and further takes a risk-based approach in order to draw the attention of users into the privacy aspects. Furthermore, the tool can also give actionable insights to privacy policy designers and data protection officers. During the conference, the demo could trigger heated discussions among privacy researchers, practitioners and lawyers on how policy should be designed taking into account usability concerns and requirements from data protection regulations.
« This is a timely contribution to helping users understand privacy policies on the web in an easy to use manner. » – The Demos chairs said.
The paper is a result of joint research efforts among information privacy researchers at the Deutsche Telekom Chair of Mobile Business & Multilateral Security at Goethe University Frankfurt, and KDDI Research Inc. in Japan.
Volker Wieland Volker Wieland, Professor of Monetary Economics at Goethe University, was named a 2018 Thought Leader along with the German Council of Economic Experts. Further information can be found in the press release from Goethe University.

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