Details about Patrick W. Schmitz

Access statistics for papers by Patrick W. Schmitz.

Last updated 2013-05-24. Update your information in the RePEc Author Service.

Short-id: psc133

Working Papers

2013

1. Bargaining position, bargaining power, and the property rights approach
   MPRA Paper, University Library of Munich, Germany
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013)
2. Contracting under Incomplete Information and Social Preferences: An Experimental Study
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in MPRA Paper, University Library of Munich, Germany (2013)
3. Investments in physical capital, relationship-specificity, and the property rights approach
   MPRA Paper, University Library of Munich, Germany
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013)

2012

4. Incomplete contracts and optimal ownership of public goods
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in MPRA Paper, University Library of Munich, Germany (2012)
   See also Journal Article in Economics Letters (2013)
5. Job design with conflicting tasks reconsidered
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article in European Economic Review (2013)
6. Public goods and the hold-up problem under asymmetric information
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   See also Journal Article in Economics Letters (2012)
7. Public-private partnerships versus traditional procurement: Innovation incentives and information gathering
   MPRA Paper, University Library of Munich, Germany
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (7)
   See also Journal Article in RAND Journal of Economics (2013)
8. Repeated moral hazard and contracts with memory: A laboratory experiment
   Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (1)
   See also Journal Article in Games and Economic Behavior (2012)
9. The hold-up problem, innovations, and limited liability
   MPRA Paper, University Library of Munich, Germany
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012)
   See also Journal Article in Economics Letters (2012)

2011

10. Investments as Signals of Outside Options
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
11. Public-private partnerships versus traditional procurement: An experimental investigation
    Cologne Graduate School Working Paper Series, Cologne Graduate School in Management, Economics and Social Sciences View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (1)
12. Repeated moral hazard and contracts with memory: The case of risk-neutrality
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article in International Economic Review (2012)
13. The (sub-)optimality of the majority rule
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Games and Economic Behavior (2012)

2010

14. Should a principal hire one agent or two agents to perform two sequential tasks?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2009

15. Can Contracts Solve the Hold-Up Problem? Experimental Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
    See also Journal Article in Games and Economic Behavior (2011)
16. Cognitive Abilities and Behavioral Biases
    Working Papers, University of Heidelberg, Department of Economics View citations (18)
    Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2008) View citations (1)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2008) View citations (4)
    See also Journal Article in Journal of Economic Behavior & Organization (2009)
17. Contractual solutions to hold-up problems with quality uncertainty and unobservable investments
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in Journal of Mathematical Economics (2010)
18. Cooling-Off in Negotiations - Does It Work?
    Working Papers, University of Heidelberg, Department of Economics
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2008) View citations (8)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (6)
19. Gathering Information before Signing a Contract: Experimental Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
20. Signaling an Outside Option
    Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich
21. The Costs and Benefits of Additional Information in Agency Models with Endogenous Information Structures
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Economics Letters (2010)

2008

22. Information Gathering and the Hold-Up Problem in a Complete Contracting Framework
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article in Economics Letters (2008)
23. Participation costs for responders can reduce rejection rates in ultimatum bargaining
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich
    See also Journal Article in Economics Letters (2009)
24. Public Versus Private Ownership: Quantity Contracts and the Allocation of Investment Tasks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Journal of Public Economics (2010)
25. Repeated Moral Hazard, Limited Liability, and Renegotiation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)

2007

26. Auctions with Anticipated Emotions: Overbidding, Underbidding, and Optimal Reserve Prices
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in Scandinavian Journal of Economics (2012)
27. Exclusive versus Non-exclusive Licensing Strategies and Moral Hazard
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in Economics Letters (2007)
28. Incomplete Contracts, the Hold-Up Problem and Asymmetric Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in Economics Letters (2008)
29. Joint Ownership and the Hold-up Problem Under Asymmetric Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in Economics Letters (2008)
30. Task Scheduling and Moral Hazard
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in Economic Theory (2008)

2006

31. Book Review of “Contract Theory” (Bolton and Dewatripont, 2005)
    MPRA Paper, University Library of Munich, Germany
32. Can Coasean bargaining justify Pigouvian taxation?
    Bonn Econ Discussion Papers, University of Bonn, Germany View citations (1)
    Also in Working Papers, Utrecht School of Economics (2004)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (2)
    See also Journal Article in Economica (2007)
33. Garbled Elections
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich (2006)
34. Optimal Selling Strategies When Buyers May Have Hard Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in European Economic Review (2007)

2005

35. Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (31)
    Also in Bonn Econ Discussion Papers, University of Bonn, Germany (2005) View citations (30)
    See also Journal Article in RAND Journal of Economics (2005)
36. Information Gathering, Transaction Costs and the Property Rights Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    See also Journal Article in American Economic Review (2006)
37. Reserve prices in auctions as reference points
    Bonn Econ Discussion Papers, University of Bonn, Germany View citations (1)
    Also in Working Papers, Utrecht School of Economics (2005) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (3)
    See also Journal Article in Economic Journal (2007)
38. Should Contractual Clauses that Forbid Renegotiation Always be Enforced?
    Bonn Econ Discussion Papers, University of Bonn, Germany View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (4)
    See also Journal Article in Journal of Law, Economics and Organization (2005)
39. Workplace surveillance, privacy protection, and efficiency wages
    Bonn Econ Discussion Papers, University of Bonn, Germany View citations (5)
    See also Journal Article in Labour Economics (2005)

2004

40. Book Review of “Property Rights: Cooperation, Conflict, and Law” (Anderson and McChesney, 2003)
    MPRA Paper, University Library of Munich, Germany
41. Job Protection Laws and Agency Problems Under Asymmetric Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article in European Economic Review (2004)

2003

42. On Second Price Auctions and Imperfect Competition
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in Journal of Mathematical Economics (2003)
43. Unmöglichkeitstheoreme bei asymmetrischer Information
    MPRA Paper, University Library of Munich, Germany

2002

44. Book Review of “Bargaining Theory with Applications” (Muthoo, 1999)
    MPRA Paper, University Library of Munich, Germany
45. Monopolistic Licensing Strategies under Asymmetric Information
    MPRA Paper, University Library of Munich, Germany View citations (8)
46. On simple contracts, renegotiation under asymmetric information, and the hold-up problem
    MPRA Paper, University Library of Munich, Germany View citations (19)
47. On the Interplay of Hidden Action and Hidden Information in Simple Bilateral Trading Problems
    MPRA Paper, University Library of Munich, Germany View citations (25)
    See also Journal Article in Journal of Economic Theory (2002)
48. Optimal Contracting in Agency with Verifiable Ex Post Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2001

49. Joint Ownership and Incomplete Contracts: The Case of Perfectly Substitutable Investments
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Schmalenbach Business Review (sbr) (2004)
50. Optimal Allocation of Ownership Rights in Dynamic R&D Alliances
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article in Games and Economic Behavior (2003)
51. The Coase Theorem, Private Information, and the Benefits of Not Assigning Property Rights
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article in European Journal of Law and Economics (2001)
52. The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory
    MPRA Paper, University Library of Munich, Germany View citations (44)
    See also Journal Article in Bulletin of Economic Research (2001)
53. Vertikale Unternehmenskooperationen
    MPRA Paper, University Library of Munich, Germany View citations (2)

2000

54. "Yes Men," Integrity, and the Optimal Design of Incentive Contracts
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article in Journal of Economic Behavior & Organization (2000)
55. Book Review of “Inflation and the Enforcement of Contracts” (Renner, 1999)
    MPRA Paper, University Library of Munich, Germany
56. Book Review of “On Voting: a public choice approach” (Tullock, 1998)
    MPRA Paper, University Library of Munich, Germany
57. Der Effekt von Nachverhandlungen auf Investitionen mit Eigen- und Fremdwirkung
    MPRA Paper, University Library of Munich, Germany
58. On the Joint Use of Liability and Safety Regulation
    MPRA Paper, University Library of Munich, Germany View citations (44)
    See also Journal Article in International Review of Law and Economics (2000)
59. Optimal Contracting with Verifiable Ex Post Signals
    Bonn Econ Discussion Papers, University of Bonn, Germany View citations (2)
60. Partial Privatization and Incomplete Contracts: The Proper Scope of Government Reconsidered
    MPRA Paper, University Library of Munich, Germany View citations (20)
    See also Journal Article in FinanzArchiv: Public Finance Analysis (2000)

1999

61. Know-how disclosure and incomplete contracts
    MPRA Paper, University Library of Munich, Germany View citations (20)
    See also Journal Article in Economics Letters (1999)
62. On Synergies and Vertical Integration
    Discussion Paper Serie A, University of Bonn, Germany View citations (1)
    See also Journal Article in International Journal of Industrial Organization (2001)

1998

63. Die Bedeutung von privater Information für Vertragsbeziehungen zwischen Käufern und Verkäufern
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Homo Oeconomicus (1998)
64. Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article in American Economic Review (1998)
65. On Randomization in Coalition Contracts
    MPRA Paper, University Library of Munich, Germany View citations (4)
66. Unvollständige Verträge und die Grenzen der Firma
    MPRA Paper, University Library of Munich, Germany

1997

67. Ausgewählte Anwendungen der Theorie unvollständiger Verträge
    MPRA Paper, University Library of Munich, Germany View citations (4)
68. Der Lock in Effekt und das Hold up Problem
    MPRA Paper, University Library of Munich, Germany View citations (2)
69. Monopolistic Provision of Excludable Public Goods under Private Information
    MPRA Paper, University Library of Munich, Germany View citations (19)
    See also Journal Article in Public Finance = Finances publiques (1997)
70. Sollten Haftungsregeln durch Strafen ergänzt werden?
    MPRA Paper, University Library of Munich, Germany View citations (1)

1996

71. Die theoretische Fundierung unvollständiger Verträge
    MPRA Paper, University Library of Munich, Germany View citations (7)

Journal Articles

2013

1. Incomplete contracts and optimal ownership of public goods
   Economics Letters, 2013, 118, (1), 94-96
   See also Working Paper (2012)
2. Job design with conflicting tasks reconsidered
   European Economic Review, 2013, 57, (C), 108-117
   See also Working Paper (2012)
3. Public-private partnerships versus traditional procurement: Innovation incentives and information gathering
   RAND Journal of Economics, 2013, 44, (1), 56-74
   See also Working Paper (2012)

2012

4. Auctions with Anticipated Emotions: Overbidding, Underbidding, and Optimal Reserve Prices
   Scandinavian Journal of Economics, 2012, 114, (3), 808-830
   See also Working Paper (2007)
5. Public goods and the hold-up problem under asymmetric information
   Economics Letters, 2012, 117, (3), 642-645 View citations (1)
   See also Working Paper (2012)
6. REPEATED MORAL HAZARD AND CONTRACTS WITH MEMORY: THE CASE OF RISK‐NEUTRALITY
   International Economic Review, 2012, 53, (2), 433-452 View citations (4)
   See also Working Paper (2011)
7. Repeated moral hazard and contracts with memory: A laboratory experiment
   Games and Economic Behavior, 2012, 75, (2), 1000-1008 View citations (1)
   See also Working Paper (2012)
8. The (sub-)optimality of the majority rule
   Games and Economic Behavior, 2012, 74, (2), 651-665 View citations (4)
   See also Working Paper (2011)
9. The hold-up problem, innovations, and limited liability
   Economics Letters, 2012, 117, (3), 841-843
   See also Working Paper (2012)

2011

10. Can contracts solve the hold-up problem? Experimental evidence
    Games and Economic Behavior, 2011, 73, (1), 186-199 View citations (4)
    See also Working Paper (2009)

2010

11. Contractual solutions to hold-up problems with quality uncertainty and unobservable investments
    Journal of Mathematical Economics, 2010, 46, (5), 807-816
    See also Working Paper (2009)
12. Public versus private ownership: Quantity contracts and the allocation of investment tasks
    Journal of Public Economics, 2010, 94, (3-4), 258-268 View citations (8)
    See also Working Paper (2008)
13. The costs and benefits of additional information in agency models with endogenous information structures
    Economics Letters, 2010, 107, (1), 58-62 View citations (2)
    See also Working Paper (2009)

2009

14. Cognitive abilities and behavioral biases
    Journal of Economic Behavior & Organization, 2009, 72, (1), 147-152 View citations (17)
    See also Working Paper (2009)
15. Participation costs for responders can reduce rejection rates in ultimatum bargaining
    Economics Letters, 2009, 103, (1), 33-35
    See also Working Paper (2008)

2008

16. Incomplete contracts, the hold-up problem, and asymmetric information
    Economics Letters, 2008, 99, (1), 119-122 View citations (5)
    See also Working Paper (2007)
17. Information gathering and the hold-up problem in a complete contracting framework
    Economics Letters, 2008, 101, (3), 268-271 View citations (2)
    See also Working Paper (2008)
18. Joint ownership and the hold-up problem under asymmetric information
    Economics Letters, 2008, 99, (3), 577-580 View citations (3)
    See also Working Paper (2007)
19. Task scheduling and moral hazard
    Economic Theory, 2008, 37, (2), 307-320 View citations (3)
    See also Working Paper (2007)

2007

20. Can Coasean Bargaining Justify Pigouvian Taxation?
    Economica, 2007, 74, (296), 573-585 View citations (4)
    See also Working Paper (2006)
21. Exclusive versus non-exclusive licensing strategies and moral hazard
    Economics Letters, 2007, 97, (3), 208-214 View citations (3)
    See also Working Paper (2007)
22. Optimal selling strategies when buyers may have hard information
    European Economic Review, 2007, 51, (4), 859-870
    See also Working Paper (2006)
23. Reserve Prices in Auctions as Reference Points
    Economic Journal, 2007, 117, (520), 637-653 View citations (16)
    See also Working Paper (2005)

2006

24. Book Review
    Journal of Institutional and Theoretical Economics (JITE), 2006, 162, (3), 535-542
    Also in Journal of Economics, 2000, 71, (3), 316-342 (2000) View citations (5)
25. Information Gathering, Transaction Costs, and the Property Rights Approach
    American Economic Review, 2006, 96, (1), 422-434 View citations (22)
    See also Working Paper (2005)

2005

26. Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions
    RAND Journal of Economics, 2005, 36, (2), 318-336 View citations (33)
    See also Working Paper (2005)
27. ENDOGENOUS PUNISHMENTS IN AGENCY WITH VERIFIABLE EX POST INFORMATION *
    International Economic Review, 2005, 46, (4), 1207-1231 View citations (8)
28. Should Contractual Clauses that Forbid Renegotiation Always be Enforced?
    Journal of Law, Economics and Organization, 2005, 21, (2), 315-329 View citations (4)
    See also Working Paper (2005)
29. Workplace surveillance, privacy protection, and efficiency wages
    Labour Economics, 2005, 12, (6), 727-738 View citations (7)
    See also Working Paper (2005)

2004

30. Anderson, T. L., and McChesney, F. S. (Eds.): Property Rights – Cooperation, Conflict, and Law
    Journal of Economics, 2004, 81, (1), 87-92
31. Job protection laws and agency problems under asymmetric information
    European Economic Review, 2004, 48, (5), 1027-1046 View citations (7)
    See also Working Paper (2004)
32. Joint Ownership And Incomplete Contracts: The Case Of Perfectly Substitutable Investments
    Schmalenbach Business Review (sbr), 2004, 56, (1), 72-89 View citations (3)
    See also Working Paper (2001)

2003

33. On second-price auctions and imperfect competition
    Journal of Mathematical Economics, 2003, 39, (8), 901-909 View citations (3)
    See also Working Paper (2003)
34. Optimal allocation of ownership rights in dynamic R&D alliances
    Games and Economic Behavior, 2003, 43, (1), 153-173 View citations (15)
    See also Working Paper (2001)

2002

35. On Monopolistic Licensing Strategies under Asymmetric Information
    Journal of Economic Theory, 2002, 106, (1), 177-189 View citations (11)
36. On the Interplay of Hidden Action and Hidden Information in Simple Bilateral Trading Problems
    Journal of Economic Theory, 2002, 103, (2), 444-460 View citations (26)
    See also Working Paper (2002)
37. Simple contracts, renegotiation under asymmetric information, and the hold-up problem
    European Economic Review, 2002, 46, (1), 169-188 View citations (29)

2001

38. On synergies and vertical integration
    International Journal of Industrial Organization, 2001, 19, (8), 1281-1295 View citations (9)
    See also Working Paper (1999)
39. The Coase Theorem, Private Information, and the Benefits of Not Assigning Property Rights
    European Journal of Law and Economics, 2001, 11, (1), 23-28 View citations (6)
    See also Working Paper (2001)
40. The Hold-up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory
    Bulletin of Economic Research, 2001, 53, (1), 1-17 View citations (18)
    See also Working Paper (2001)

2000

41. "Yes men", integrity, and the optimal design of incentive contracts
    Journal of Economic Behavior & Organization, 2000, 43, (1), 115-125 View citations (6)
    See also Working Paper (2000)
42. Erratum to 'On the Joint Use of Liability and Safety Regulation': [International Review of Law and Economics (2000), 20, 371-382]
    International Review of Law and Economics, 2000, 20, (4), 575-575
43. On the joint use of liability and safety regulation
    International Review of Law and Economics, 2000, 20, (3), 371-382 View citations (47)
    See also Working Paper (2000)
44. Partial Privatization and Incomplete Contracts: The Proper Scope of Government Reconsidered
    FinanzArchiv: Public Finance Analysis, 2000, 57, (4), 394- View citations (21)
    See also Working Paper (2000)

1999

45. Know-how disclosure and incomplete contracts
    Economics Letters, 1999, 63, (2), 181-185 View citations (23)
    See also Working Paper (1999)

1998

46. Die Bedeutung von privater Information für Vertragsbeziehungen zwischen Käufern und Verkäufern
    Homo Oeconomicus, 1998, 15, 233-243
    See also Working Paper (1998)
47. Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment
    American Economic Review, 1998, 88, (4), 1027 View citations (2)
    See also Working Paper (1998)
48. Randomization in Coalition Contracts
    Public Choice, 1998, 94, (3-4), 341-53 View citations (4)
    Also in Public Choice, 1998, 94, (3), 341-353 (1998) View citations (1)

1997

49. Monopolistic Provision of Excludable Public Goods under Private Information
    Public Finance = Finances publiques, 1997, 52, (1), 89-101 View citations (17)
    See also Working Paper (1997)