Martin Prause

Assistant Professor of Computational Economics and Business Analytics at WHU – Otto Beisheim School of Management

Biography

WHU – Otto Beisheim School of Management

Dr. Martin Prause received his Ph.D. in Economics from WHU – Otto Beisheim School of Management in December 2014. He has been involved in numerous lecturer and teaching assistant positions during his Ph.D. and as a post-doctoral researcher in 2015. Martin received two visiting research scholarships (India 2013, Japan 2015), the best Ph.D. award from Infosys/India in 2013, and the best student paper award from the Association for Business Simulation and Experimental Learning in 2014. From 2012 to 2014 he has been involved in joint research projects with the London School of Economics and Google Inc. in the Google Summer of Code Program. Before he started his doctoral studies, he received his MBA from WHU, was the CIO of a fashion wholesaler for three years, and graduated from the TU Dortmund with a Diploma in Computer Science.

Dr. Martin Prause's research in the field of computational economics and business analytics rests on three pillars: First, developing business simulations to represent artificial and real market dynamics using agent-based models or system dynamics. Second, designing algorithms to support managerial decision-making, testing them in these simulations, and applying them in decision support systems. And third, studying the influence of algorithm-based decision-making on managerial behavior.

Expertise

  • Computational Economics
  • Business Simulations
  • Machine Learning in Decision Support Systems

Courses Taught

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