Professor of Economics & Organisation
Professorial Fellow of Girton College
BCom (Hons), MCom (University of the Witwatersrand), MPhil, PhD (University of Cambridge)
My research interests include decision-making under extreme uncertainty, social ontology and the ontology of technology, explanation in the social sciences, innovation and entrepreneurship, institutional economics, and the economics of the Austrian School. I’m co-editor of the Cambridge Journal of Economics and have previously been awarded the Pilkington Prize for Excellence in Teaching.
I’m a member of the Economics and Policy subject group at Cambridge Judge Business School, which analyses how economics can improve growth and business performance.
News and insights
Professor Jochen Runde reflects on his lengthy tenure as Academic Programme Director of the Cambridge General Management Programme (GMP), and successor Dr Shasha Lu points the way forward.
A century later, work on uncertainty by F.H. Knight and J.M. Keynes remain highly relevant in areas ranging from economics and finance to insurance, law and management, says Jochen Runde, Professor of Economics & Organisation at Cambridge Judge Business School.
The West Australian | 13 November 2015
Jochen Runde, Professor of Economics & Organisation at Cambridge Judge Business School, discusses the challenge of imagining possible futures in light of recent work on “unknown unknowns” and “black swans”. “The idea is that at least some unknown unknowns, some Black Swans, are not unknowns because there is something intrinsic about them. We suffer from all kinds of cognitive biases and subjective biases which means we don’t try hard enough to interpret the evidence before us,” he said.
The rise of the part-time MBA is one of the most robust trends in business education…Now in its fifth year, the EMBA at Cambridge Judge Business School is an example of this. Jochen Runde, professor of economics and organisation at the school, believes that…”
As new markets emerge, business schools are realising the need to turn out multilingual graduates… At Cambridge Judge Business School in the UK, one of the electives/projects in the MBA programme requires students to learn Mandarin. Dr Jochen Runde, Director of the Cambridge MBA says: “This is a beginner’s course that is offered at the end of the academic year…”