Details about Patrick W. Schmitz

Homepage:	http://schmitz.uni-koeln.de/index.php?s=mitarbeiter&t=schmitz
Postal address:	University of Cologne, Staatswissenschaftliches Seminar, Albertus-Magnus-Platz, 50923 Köln, Germany
Workplace:	Wirtschafts- und Sozialwissenschaftliche Fakultät (Faculty of Social and Economic Sciences), Universität zu Köln (University of Cologne), (more information at EDIRC)

Access statistics for papers by Patrick W. Schmitz.

Last updated 2023-05-08. Update your information in the RePEc Author Service.

Short-id: psc133

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Jump to Journal Articles

Working Papers

2023

1. Completely Relationship-Specific Investments, Transaction Costs, and the Property Rights Theory
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article in Economics Letters (2023)
2. Incentivizing Research with (Un)conditional Teaching Duties: Punishment or Rent Extraction?
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article in Economics Letters (2023)

2022

3. How (Not) to Purchase Novel Goods and Services: Specific Performance Versus At-Will Contracts
   MPRA Paper, University Library of Munich, Germany View citations (3)
   See also Journal Article in The Economic Journal (2022)

2021

4. Contracting under Adverse Selection: Certifiable vs. Uncertifiable Information
   MPRA Paper, University Library of Munich, Germany View citations (5)
   See also Journal Article in Journal of Economic Behavior & Organization (2021)
5. On the Optimality of Outsourcing when Vertical Integration can Mitigate Information Asymmetries
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article in Economics Letters (2021)
6. Optimal Ownership of Public Goods under Asymmetric Information
   MPRA Paper, University Library of Munich, Germany View citations (2)
   See also Journal Article in Journal of Public Economics (2021)
7. The Right to Quit Work: An Efficiency Rationale for Restricting the Freedom of Contract
   MPRA Paper, University Library of Munich, Germany View citations (5)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (1)
   See also Journal Article in Journal of Economic Behavior & Organization (2021)

2020

8. Contracting under Asymmetric Information and Externalities: An Experimental Study
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
9. Moral Hazard and the Property Rights Approach to the Theory of the Firm
   MPRA Paper, University Library of Munich, Germany View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (1)
   See also Journal Article in Economics Letters (2020)

2019

10. How (Not) to Foster Innovations in Public Infrastructure Projects
    MPRA Paper, University Library of Munich, Germany View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018)
    See also Journal Article in Scandinavian Journal of Economics (2021)
11. Incomplete Contracts, Limited Liability, and the Optimality of Joint Ownership
    MPRA Paper, University Library of Munich, Germany View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (1)
    See also Journal Article in Economics Letters (2019)

2018

12. Government versus Private Ownership of Public Goods: Experimental Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
13. Hidden Action and Outcome Contractibility: An Experimental Test of Moral Hazard Theory
    MPRA Paper, University Library of Munich, Germany View citations (16)
    See also Journal Article in Games and Economic Behavior (2018)
14. Pollution Claim Settlements Reconsidered: Hidden Information and Bounded Payments
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (1)
    See also Journal Article in European Economic Review (2018)

2017

15. Asymmetric Information and the Property Rights Approach to the Theory of the Firm
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in MPRA Paper, University Library of Munich, Germany (2017) View citations (12)
    See also Journal Article in Economics Letters (2017)
16. Incomplete Contracts, Shared Ownership, and Investment Incentives
    MPRA Paper, University Library of Munich, Germany View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (2)
    See also Journal Article in Journal of Economic Behavior & Organization (2017)
17. Optimal Ownership of Public Goods in the Presence of Transaction Costs
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016)
    See also Journal Article in Economics Letters (2017)

2016

18. The Management of Innovation: Experimental Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    See also Journal Article in Games and Economic Behavior (2017)
19. The Negotiators Who Knew Too Much: Transaction Costs and Incomplete Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in MPRA Paper, University Library of Munich, Germany (2016) View citations (5)
    See also Journal Article in Economics Letters (2016)
20. Transaction costs and the property rights approach to the theory of the firm
    MPRA Paper, University Library of Munich, Germany View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (2)
    See also Journal Article in European Economic Review (2016)
21. Vertragstheorie: Zum Nobelpreis 2016 für Oliver Hart und Bengt Holmström
    (Contract Theory: On the Contributions of the 2016 Nobel Laureates Oliver Hart and Bengt Holmström)
    MPRA Paper, University Library of Munich, Germany

2015

22. Government versus private ownership of public goods: The role of bargaining frictions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    See also Journal Article in Journal of Public Economics (2015)
23. Hidden Action and Outcome Contractibility: An Experimental Test of Contract Theory
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
24. Overdeterrence of repeat offenders when penalties for first-time offenders are restricted
    MPRA Paper, University Library of Munich, Germany View citations (5)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014)
    See also Journal Article in Economics Letters (2015)

2014

25. Optimal Ownership of Public Goods Reconsidered
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014) View citations (4)
    See also Journal Article in Economics Letters (2014)

2013

26. Bargaining position, bargaining power, and the property rights approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in MPRA Paper, University Library of Munich, Germany (2013) View citations (6)
    See also Journal Article in Economics Letters (2013)
27. Contracting under Incomplete Information and Social Preferences: An Experimental Study
    MPRA Paper, University Library of Munich, Germany View citations (32)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (32)
    See also Journal Article in Review of Economic Studies (2013)
28. Do Sellers Offer Menus of Contracts to Separate Buyer Types? An Experimental Test of Adverse Selection Theory
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    See also Journal Article in Games and Economic Behavior (2015)
29. Investments in physical capital, relationship-specificity, and the property rights approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in MPRA Paper, University Library of Munich, Germany (2013) View citations (4)
    See also Journal Article in Economics Letters (2013)
30. Public Procurement in Times of Crisis: The Bundling Decision Reconsidered
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
    Also in MPRA Paper, University Library of Munich, Germany (2013) View citations (21)
    See also Journal Article in Economics Letters (2013)
31. Public goods and the hold-up problem under asymmetric information
    MPRA Paper, University Library of Munich, Germany
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (5)
    See also Journal Article in Economics Letters (2012)

2012

32. 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)
33. Job design with conflicting tasks reconsidered
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article in European Economic Review (2013)
34. Public-private partnerships versus traditional procurement: Innovation incentives and information gathering
    MPRA Paper, University Library of Munich, Germany View citations (9)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (11)
    See also Journal Article in RAND Journal of Economics (2013)
35. 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 (66)
    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)
36. The hold-up problem, innovations, and limited liability
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (4)
    See also Journal Article in Economics Letters (2012)

2011

37. Investments as Signals of Outside Options
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    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 (2009)
    See also Journal Article in Journal of Economic Theory (2014)
38. 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 (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (2)
    See also Journal Article in Journal of Economic Behavior & Organization (2013)
39. Repeated moral hazard and contracts with memory: The case of risk-neutrality
    MPRA Paper, University Library of Munich, Germany View citations (9)
    See also Journal Article in International Economic Review (2012)
40. The (sub-)optimality of the majority rule
    MPRA Paper, University Library of Munich, Germany View citations (12)
    See also Journal Article in Games and Economic Behavior (2012)

2010

41. On contractual solutions to hold-up problems with quality uncertainty and unobservable investments
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
    See also Journal Article in Journal of Mathematical Economics (2010)
42. Should a principal hire one agent or two agents to perform two sequential tasks?
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2009

43. Can Contracts Solve the Hold-Up Problem? Experimental Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (14)
    See also Journal Article in Games and Economic Behavior (2011)
44. Cognitive Abilities and Behavioral Biases
    Post-Print, HAL View citations (268)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) View citations (7)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2008) View citations (12)
    Working Papers, University of Heidelberg, Department of Economics (2009) View citations (268)
    Papers, Sonderforschungsbreich 504 (2008) View citations (16)
    See also Journal Article in Journal of Economic Behavior & Organization (2009)
45. Cooling-Off in Negotiations - Does It Work?
    Working Papers, University of Heidelberg, Department of Economics View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (17)
    Papers, Sonderforschungsbreich 504 (2008) View citations (12)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2008) View citations (23)
    See also Journal Article in Journal of Institutional and Theoretical Economics (JITE) (2015)
46. Gathering Information before Signing a Contract: Experimental Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
47. 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

48. Information Gathering and the Hold-Up Problem in a Complete Contracting Framework
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Economics Letters (2008)
49. Participation costs for responders can reduce rejection rates in ultimatum bargaining
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (1)
    See also Journal Article in Economics Letters (2009)
50. Public Versus Private Ownership: Quantity Contracts and the Allocation of Investment Tasks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    See also Journal Article in Journal of Public Economics (2010)
51. Repeated Moral Hazard, Limited Liability, and Renegotiation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)

2007

52. Auctions with Anticipated Emotions: Overbidding, Underbidding, and Optimal Reserve Prices
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article in Scandinavian Journal of Economics (2012)
53. Exclusive versus Non-exclusive Licensing Strategies and Moral Hazard
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    See also Journal Article in Economics Letters (2007)
54. 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)
55. 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)
56. Task Scheduling and Moral Hazard
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    See also Journal Article in Economic Theory (2008)

2006

57. Book Review of “Contract Theory” (Bolton and Dewatripont, 2005)
    MPRA Paper, University Library of Munich, Germany
58. Can Coasean bargaining justify Pigouvian taxation?
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (2)
    See also Journal Article in Economica (2007)
59. Garbled Elections
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    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) View citations (1)
60. Optimal Selling Strategies When Buyers May Have Hard Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article in European Economic Review (2007)

2005

61. Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (109)
    Also in Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) (2005) View citations (112)
    See also Journal Article in RAND Journal of Economics (2005)
62. Information Gathering, Transaction Costs and the Property Rights Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    See also Journal Article in American Economic Review (2006)
63. Reserve prices in auctions as reference points
    Working Papers, Utrecht School of Economics
    Also in Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) (2005)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (3)
    See also Journal Article in Economic Journal (2007)
64. Should Contractual Clauses that Forbid Renegotiation Always be Enforced?
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (17)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (17)
    See also Journal Article in The Journal of Law, Economics, and Organization (2005)
65. Workplace surveillance, privacy protection, and efficiency wages
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (21)
    See also Journal Article in Labour Economics (2005)

2004

66. Book Review of “Property Rights: Cooperation, Conflict, and Law” (Anderson and McChesney, 2003)
    MPRA Paper, University Library of Munich, Germany
67. Job Protection Laws and Agency Problems Under Asymmetric Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    See also Journal Article in European Economic Review (2004)

2003

68. On Second Price Auctions and Imperfect Competition
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article in Journal of Mathematical Economics (2003)
69. Unmöglichkeitstheoreme bei asymmetrischer Information
    MPRA Paper, University Library of Munich, Germany

2002

70. Book Review of “Bargaining Theory with Applications” (Muthoo, 1999)
    MPRA Paper, University Library of Munich, Germany View citations (1)
71. Monopolistic Licensing Strategies under Asymmetric Information
    MPRA Paper, University Library of Munich, Germany View citations (27)
    See also Journal Article in Journal of Economic Theory (2002)
72. On simple contracts, renegotiation under asymmetric information, and the hold-up problem
    MPRA Paper, University Library of Munich, Germany View citations (42)
    See also Journal Article in European Economic Review (2002)
73. On the Interplay of Hidden Action and Hidden Information in Simple Bilateral Trading Problems
    MPRA Paper, University Library of Munich, Germany View citations (40)
    See also Journal Article in Journal of Economic Theory (2002)
74. Optimal Contracting in Agency with Verifiable Ex Post Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

2001

75. Joint Ownership and Incomplete Contracts: The Case of Perfectly Substitutable Investments
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article in Schmalenbach Business Review (sbr) (2004)
76. Optimal Allocation of Ownership Rights in Dynamic R&D Alliances
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    See also Journal Article in Games and Economic Behavior (2003)
77. The Coase Theorem, Private Information, and the Benefits of Not Assigning Property Rights
    MPRA Paper, University Library of Munich, Germany View citations (8)
    See also Journal Article in European Journal of Law and Economics (2001)
78. The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory
    MPRA Paper, University Library of Munich, Germany View citations (91)
    See also Journal Article in Bulletin of Economic Research (2001)
79. Vertikale Unternehmenskooperationen
    MPRA Paper, University Library of Munich, Germany View citations (2)

2000

80. "Yes Men," Integrity, and the Optimal Design of Incentive Contracts
    MPRA Paper, University Library of Munich, Germany View citations (12)
    See also Journal Article in Journal of Economic Behavior & Organization (2000)
81. Book Review of “Inflation and the Enforcement of Contracts” (Renner, 1999)
    MPRA Paper, University Library of Munich, Germany
82. Book Review of “On Voting: a public choice approach” (Tullock, 1998)
    MPRA Paper, University Library of Munich, Germany
83. Der Effekt von Nachverhandlungen auf Investitionen mit Eigen- und Fremdwirkung
    MPRA Paper, University Library of Munich, Germany
84. On the Joint Use of Liability and Safety Regulation
    MPRA Paper, University Library of Munich, Germany View citations (104)
    See also Journal Article in International Review of Law and Economics (2000)
85. Optimal Contracting with Verifiable Ex Post Signals
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (2)
86. Partial Privatization and Incomplete Contracts: The Proper Scope of Government Reconsidered
    MPRA Paper, University Library of Munich, Germany View citations (45)
    See also Journal Article in FinanzArchiv: Public Finance Analysis (2001)

1999

87. Know-how disclosure and incomplete contracts
    MPRA Paper, University Library of Munich, Germany View citations (41)
    See also Journal Article in Economics Letters (1999)

1998

88. Die Bedeutung von privater Information für Vertragsbeziehungen zwischen Käufern und Verkäufern
    MPRA Paper, University Library of Munich, Germany
89. Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment
    MPRA Paper, University Library of Munich, Germany View citations (7)
    See also Journal Article in American Economic Review (1998)
90. On Randomization in Coalition Contracts
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article in Public Choice (1998)
91. Unvollständige Verträge und die Grenzen der Firma
    MPRA Paper, University Library of Munich, Germany

1997

92. Ausgewählte Anwendungen der Theorie unvollständiger Verträge
    MPRA Paper, University Library of Munich, Germany View citations (3)
93. Der Lock in Effekt und das Hold up Problem
    MPRA Paper, University Library of Munich, Germany View citations (6)
94. Monopolistic Provision of Excludable Public Goods under Private Information
    MPRA Paper, University Library of Munich, Germany View citations (36)
    See also Journal Article in Public Finance = Finances publiques (1997)
95. Sollten Haftungsregeln durch Strafen ergänzt werden?
    MPRA Paper, University Library of Munich, Germany View citations (1)

1996

96. Die theoretische Fundierung unvollständiger Verträge
    MPRA Paper, University Library of Munich, Germany View citations (6)

Journal Articles

2023

1. Completely relationship-specific investments, transaction costs, and the property rights theory
   Economics Letters, 2023, 226, (C)
   See also Working Paper (2023)
2. Incentivizing research with (un)conditional teaching duties: Punishment or rent extraction?
   Economics Letters, 2023, 224, (C)
   See also Working Paper (2023)

2022

3. How (Not) to Purchase Novel Goods and Services: Specific Performance Versus at-will Contracts
   The Economic Journal, 2022, 132, (647), 2563-2577 View citations (2)
   See also Working Paper (2022)

2021

4. Contracting under adverse selection: Certifiable vs. uncertifiable information
   Journal of Economic Behavior & Organization, 2021, 182, (C), 100-112 View citations (6)
   See also Working Paper (2021)
5. How (Not) to Foster Innovations in Public Infrastructure Projects
   Scandinavian Journal of Economics, 2021, 123, (1), 238-266 View citations (13)
   See also Working Paper (2019)
6. On the optimality of outsourcing when vertical integration can mitigate information asymmetries
   Economics Letters, 2021, 202, (C)
   See also Working Paper (2021)
7. Optimal ownership of public goods under asymmetric information
   Journal of Public Economics, 2021, 198, (C) View citations (3)
   See also Working Paper (2021)
8. The right to quit work: An efficiency rationale for restricting the freedom of contract
   Journal of Economic Behavior & Organization, 2021, 184, (C), 653-669 View citations (5)
   See also Working Paper (2021)

2020

9. Moral hazard and the property rights approach to the theory of the firm
   Economics Letters, 2020, 186, (C) View citations (2)
   See also Working Paper (2020)
10. Public goods, property rights, and investment incentives: An experimental investigation
    Journal of Economic Behavior & Organization, 2020, 177, (C), 514-532

2019

11. Incomplete contracts, limited liability, and the optimality of joint ownership
    Economics Letters, 2019, 183, (C), - View citations (1)
    See also Working Paper (2019)

2018

12. Hidden action and outcome contractibility: An experimental test of moral hazard theory
    Games and Economic Behavior, 2018, 109, (C), 544-564 View citations (16)
    See also Working Paper (2018)
13. Pollution claim settlements reconsidered: Hidden information and bounded payments
    European Economic Review, 2018, 110, (C), 211-222 View citations (5)
    See also Working Paper (2018)

2017

14. Asymmetric information and the property rights approach to the theory of the firm
    Economics Letters, 2017, 159, (C), 96-99 View citations (12)
    See also Working Paper (2017)
15. Incomplete contracts, shared ownership, and investment incentives
    Journal of Economic Behavior & Organization, 2017, 144, (C), 153-165 View citations (2)
    See also Working Paper (2017)
16. Optimal ownership of public goods in the presence of transaction costs
    Economics Letters, 2017, 152, (C), 88-92 View citations (4)
    See also Working Paper (2017)
17. The management of innovation: Experimental evidence
    Games and Economic Behavior, 2017, 104, (C), 706-725 View citations (5)
    See also Working Paper (2016)

2016

18. The negotiators who knew too much: Transaction costs and incomplete information
    Economics Letters, 2016, 145, (C), 33-37 View citations (5)
    See also Working Paper (2016)
19. Transaction costs and the property rights approach to the theory of the firm
    European Economic Review, 2016, 87, (C), 92-107 View citations (16)
    See also Working Paper (2016)

2015

20. Cooling Off in Negotiations: Does it Work?
    Journal of Institutional and Theoretical Economics (JITE), 2015, 171, (4), 565-588 View citations (31)
    See also Working Paper (2009)
21. Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory
    Games and Economic Behavior, 2015, 89, (C), 17-33 View citations (18)
    See also Working Paper (2013)
22. Government versus private ownership of public goods: The role of bargaining frictions
    Journal of Public Economics, 2015, 132, (C), 23-31 View citations (15)
    See also Working Paper (2015)
23. Overdeterrence of repeat offenders when penalties for first-time offenders are restricted
    Economics Letters, 2015, 129, (C), 116-120 View citations (5)
    See also Working Paper (2015)

2014

24. Investments as signals of outside options
    Journal of Economic Theory, 2014, 150, (C), 683-708 View citations (35)
    See also Working Paper (2011)
25. Optimal ownership of public goods reconsidered
    Economics Letters, 2014, 125, (1), 21-24 View citations (4)
    See also Working Paper (2014)

2013

26. Bargaining position, bargaining power, and the property rights approach
    Economics Letters, 2013, 119, (1), 28-31 View citations (8)
    See also Working Paper (2013)
27. Contracting under Incomplete Information and Social Preferences: An Experimental Study
    Review of Economic Studies, 2013, 80, (4), 1516-1544 View citations (33)
    See also Working Paper (2013)
28. Incomplete contracts and optimal ownership of public goods
    Economics Letters, 2013, 118, (1), 94-96 View citations (18)
    See also Working Paper (2012)
29. Investments in physical capital, relationship-specificity, and the property rights approach
    Economics Letters, 2013, 119, (3), 336-339 View citations (6)
    See also Working Paper (2013)
30. Job design with conflicting tasks reconsidered
    European Economic Review, 2013, 57, (C), 108-117 View citations (24)
    See also Working Paper (2012)
31. Public procurement in times of crisis: The bundling decision reconsidered
    Economics Letters, 2013, 121, (3), 533-536 View citations (21)
    See also Working Paper (2013)
32. Public-private partnerships versus traditional procurement: Innovation incentives and information gathering
    RAND Journal of Economics, 2013, 44, (1), 56-74 View citations (95)
    See also Working Paper (2012)
33. Public–private partnerships versus traditional procurement: An experimental investigation
    Journal of Economic Behavior & Organization, 2013, 89, (C), 145-166 View citations (58)
    See also Working Paper (2011)

2012

34. Auctions with Anticipated Emotions: Overbidding, Underbidding, and Optimal Reserve Prices
    Scandinavian Journal of Economics, 2012, 114, (3), 808-830 View citations (17)
    See also Working Paper (2007)
35. Public goods and the hold-up problem under asymmetric information
    Economics Letters, 2012, 117, (3), 642-645 View citations (5)
    See also Working Paper (2013)
36. REPEATED MORAL HAZARD AND CONTRACTS WITH MEMORY: THE CASE OF RISK‐NEUTRALITY
    International Economic Review, 2012, 53, (2), 433-452 View citations (75)
    See also Working Paper (2011)
37. Repeated moral hazard and contracts with memory: A laboratory experiment
    Games and Economic Behavior, 2012, 75, (2), 1000-1008 View citations (66)
    See also Working Paper (2012)
38. The (sub-)optimality of the majority rule
    Games and Economic Behavior, 2012, 74, (2), 651-665 View citations (47)
    See also Working Paper (2011)
39. The hold-up problem, innovations, and limited liability
    Economics Letters, 2012, 117, (3), 841-843 View citations (4)
    See also Working Paper (2012)

2011

40. Can contracts solve the hold-up problem? Experimental evidence
    Games and Economic Behavior, 2011, 73, (1), 186-199 View citations (71)
    See also Working Paper (2009)

2010

41. Contractual solutions to hold-up problems with quality uncertainty and unobservable investments
    Journal of Mathematical Economics, 2010, 46, (5), 807-816 View citations (4)
    See also Working Paper (2010)
42. Public versus private ownership: Quantity contracts and the allocation of investment tasks
    Journal of Public Economics, 2010, 94, (3-4), 258-268 View citations (57)
    See also Working Paper (2008)
43. The costs and benefits of additional information in agency models with endogenous information structures
    Economics Letters, 2010, 107, (1), 58-62 View citations (12)
    See also Working Paper (2009)

2009

44. Cognitive abilities and behavioral biases
    Journal of Economic Behavior & Organization, 2009, 72, (1), 147-152 View citations (278)
    See also Working Paper (2009)
45. Participation costs for responders can reduce rejection rates in ultimatum bargaining
    Economics Letters, 2009, 103, (1), 33-35 View citations (6)
    See also Working Paper (2008)

2008

46. Incomplete contracts, the hold-up problem, and asymmetric information
    Economics Letters, 2008, 99, (1), 119-122 View citations (16)
    See also Working Paper (2007)
47. Information gathering and the hold-up problem in a complete contracting framework
    Economics Letters, 2008, 101, (3), 268-271 View citations (3)
    See also Working Paper (2008)
48. Joint ownership and the hold-up problem under asymmetric information
    Economics Letters, 2008, 99, (3), 577-580 View citations (32)
    See also Working Paper (2007)
49. Task scheduling and moral hazard
    Economic Theory, 2008, 37, (2), 307-320 View citations (8)
    See also Working Paper (2007)

2007

50. Can Coasean Bargaining Justify Pigouvian Taxation?
    Economica, 2007, 74, (296), 573-585 View citations (16)
    See also Working Paper (2006)
51. Exclusive versus non-exclusive licensing strategies and moral hazard
    Economics Letters, 2007, 97, (3), 208-214 View citations (9)
    See also Working Paper (2007)
52. Optimal selling strategies when buyers may have hard information
    European Economic Review, 2007, 51, (4), 859-870 View citations (7)
    See also Working Paper (2006)
53. Reserve Prices in Auctions as Reference Points
    Economic Journal, 2007, 117, (520), 637-653 View citations (72)
    See also Working Paper (2005)

2006

54. Book Review
    Journal of Institutional and Theoretical Economics (JITE), 2006, 162, (3), 535-542
55. Information Gathering, Transaction Costs, and the Property Rights Approach
    American Economic Review, 2006, 96, (1), 422-434 View citations (116)
    See also Working Paper (2005)

2005

56. Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions
    RAND Journal of Economics, 2005, 36, (2), 318-336 View citations (112)
    See also Working Paper (2005)
57. ENDOGENOUS PUNISHMENTS IN AGENCY WITH VERIFIABLE EX POST INFORMATION *
    International Economic Review, 2005, 46, (4), 1207-1231 View citations (24)
58. Should Contractual Clauses that Forbid Renegotiation Always be Enforced?
    The Journal of Law, Economics, and Organization, 2005, 21, (2), 315-329 View citations (23)
    See also Working Paper (2005)
59. Workplace surveillance, privacy protection, and efficiency wages
    Labour Economics, 2005, 12, (6), 727-738 View citations (31)
    See also Working Paper (2005)

2004

60. Anderson, T. L., and McChesney, F. S. (Eds.): Property Rights – Cooperation, Conflict, and Law
    Journal of Economics, 2004, 81, (1), 87-92
61. Job protection laws and agency problems under asymmetric information
    European Economic Review, 2004, 48, (5), 1027-1046 View citations (13)
    See also Working Paper (2004)
62. Joint Ownership And Incomplete Contracts: The Case Of Perfectly Substitutable Investments
    Schmalenbach Business Review (sbr), 2004, 56, (1), 72-89 View citations (8)
    See also Working Paper (2001)

2003

63. On second-price auctions and imperfect competition
    Journal of Mathematical Economics, 2003, 39, (8), 901-909 View citations (5)
    See also Working Paper (2003)
64. Optimal allocation of ownership rights in dynamic R&D alliances
    Games and Economic Behavior, 2003, 43, (1), 153-173 View citations (44)
    See also Working Paper (2001)

2002

65. On Monopolistic Licensing Strategies under Asymmetric Information
    Journal of Economic Theory, 2002, 106, (1), 177-189 View citations (27)
    See also Working Paper (2002)
66. 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 (45)
    See also Working Paper (2002)
67. Simple contracts, renegotiation under asymmetric information, and the hold-up problem
    European Economic Review, 2002, 46, (1), 169-188 View citations (51)
    See also Working Paper (2002)

2001

68. On synergies and vertical integration
    International Journal of Industrial Organization, 2001, 19, (8), 1281-1295 View citations (20)
69. Partial Privatization and Incomplete Contracts: The Proper Scope of Government Reconsidered
    FinanzArchiv: Public Finance Analysis, 2001, 57, (4), 394-411 View citations (47)
    See also Working Paper (2000)
70. 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 (11)
    See also Working Paper (2001)
71. 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 (92)
    See also Working Paper (2001)

2000

72. "Yes men", integrity, and the optimal design of incentive contracts
    Journal of Economic Behavior & Organization, 2000, 43, (1), 115-125 View citations (15)
    See also Working Paper (2000)
73. Book reviews
    Journal of Economics, 2000, 71, (3), 316-342 View citations (3)
74. 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 View citations (1)
75. On the joint use of liability and safety regulation
    International Review of Law and Economics, 2000, 20, (3), 371-382 View citations (107)
    See also Working Paper (2000)

1999

76. Know-how disclosure and incomplete contracts
    Economics Letters, 1999, 63, (2), 181-185 View citations (41)
    See also Working Paper (1999)

1998

77. Die Bedeutung von privater Information f³r Vertragsbeziehungen zwischen Kõufern und Verkõufern
    Homo Oeconomicus, 1998, 15, 233-243
78. Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment
    American Economic Review, 1998, 88, (4), 1027 View citations (8)
    See also Working Paper (1998)
79. 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 (4)
    See also Working Paper (1998)

1997

80. Monopolistic Provision of Excludable Public Goods under Private Information
    Public Finance = Finances publiques, 1997, 52, (1), 89-101 View citations (33)
    See also Working Paper (1997)