Elmar G. Wolfstetter

Humboldt University of Berlin - Faculty of Economics

Professor

Institut für Wirtschaftstheorie I

Spandauer Strasse 1

Berlin

Germany

http://sites.google.com/view/wolfstetter/home

Korea University - College of Economics and Commerce

Visiting Professor

Anam-dong, Sungbuk-Ku

Seoul, 136-701

Korea

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5

Munich, DE-81679

Germany

http://www.CESifo.de

SCHOLARLY PAPERS

41

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SSRN CITATIONS
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Top 13,055

in Total Papers Citations

31

CROSSREF CITATIONS

61

Scholarly Papers (41)

1.

The Third Generation (Umts) Spectrum Auction in Germany

Number of pages: 23 Posted: 13 Nov 2001
Veronika Grimm, Frank Riedel and Elmar G. Wolfstetter
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg - School of Business & Economics, Bielefeld University - Center for Mathematical Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 873 (34,357)

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Auctions, Telecommunications, Industrial Organization, Game Theory

2.

Corruption in Procurement Auctions

Handbook of Procurement. Ed. by N. Dimitri, G. Piga, and G. Spagnolo. Cambridge University Press, 2006, pp.412–429.
Number of pages: 16 Posted: 11 Jan 2006 Last Revised: 31 Oct 2017
Yvan Lengwiler and Elmar G. Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 757 (41,783)
Citation 9

Abstract:

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auctions, corruption

3.

Reputation and Imperfectly Observable Commitment: The Chain Store Paradox Revisited

Number of pages: 12 Posted: 20 May 2012 Last Revised: 30 Jan 2014
Brigitte Adolph and Elmar G. Wolfstetter
Humboldt University of Berlin - Faculty of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 686 (47,700)

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4.

Bid Rigging - an Analysis of Corruption in Auctions

CESifo Working Paper Series No. 1488
Number of pages: 29 Posted: 25 Apr 2005
Yvan Lengwiler and Elmar G. Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 603 (56,433)

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Auctions, procurement, corruption, right of first refusal, numerical methods

5.

A Dynamic Model of Bertrand Competition with Entry

International Journal of Industrial Organization, Vol. 17, 1999
Number of pages: 14 Posted: 11 Feb 1997 Last Revised: 31 Oct 2017
Walter Elberfeld and Elmar G. Wolfstetter
University of Cologne and Humboldt University of Berlin - Faculty of Economics
Downloads 603 (56,433)
Citation 1

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6.

Third- and Lower-Price Auctions

Dept. of Economics, Humboldt-Universitat Berlin
Number of pages: 9 Posted: 01 Jan 2001 Last Revised: 20 May 2012
Elmar G. Wolfstetter
Humboldt University of Berlin - Faculty of Economics
Downloads 599 (56,875)
Citation 3

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auctions, procurement, corruption

7.

Auctions and Corruption

Number of pages: 26 Posted: 31 Oct 2000
Elmar G. Wolfstetter and Yvan Lengwiler
Humboldt University of Berlin - Faculty of Economics and University of Basel - Faculty of Business and Economics (WWZ)
Downloads 550 (63,349)

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Auctions, Procurement, Corruption, Collusion, Coalitions

8.

The Swiss Umts Spectrum Auction Flop: Bad Luck or Bad Design?

Number of pages: 17 Posted: 21 Aug 2001
Elmar G. Wolfstetter
Humboldt University of Berlin - Faculty of Economics
Downloads 477 (75,553)
Citation 2

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Spectrum Auctions, Telecommunications, Industrial Organization

9.

A Sealed-Bid Auction that Matches the English Auction

Number of pages: 12 Posted: 29 Oct 1998
Elmar G. Wolfstetter, Motty Perry, Motty Perry and Shmuel Zamir
Humboldt University of Berlin - Faculty of Economics, Hebrew University of Jerusalem - Center for the Study of RationalityPennsylvania State University, College of the Liberal Arts - Department of Economic and Hebrew University - Center for the Study of Rationality
Downloads 475 (75,960)
Citation 1

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10.

Scale Economies and the Dynamics of Recurring Auctions

Economic Inquiry, 40: 403-414 (2002)
Number of pages: 17 Posted: 29 Oct 1998 Last Revised: 31 Oct 2017
Elmar G. Wolfstetter and Thomas D. Jeitschko
Humboldt University of Berlin - Faculty of Economics and Michigan State University - Department of Economics
Downloads 461 (78,697)
Citation 3

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11.

Implementing Efficient Market Structure

Number of pages: 23 Posted: 25 Apr 2000
Veronika Grimm, Frank Riedel and Elmar G. Wolfstetter
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg - School of Business & Economics, Bielefeld University - Center for Mathematical Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 406 (91,383)

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Mechanism Design, Natural Oligopoly, Auctions, Entry

12.

Low Price Equilibrium in Multi-Unit Auctions: The Gsm Spectrum Auction in Germany

Number of pages: 20 Posted: 01 Aug 2001
Veronika Grimm, Frank Riedel and Elmar G. Wolfstetter
University of Erlangen-Nuremberg-Friedrich Alexander Universität Erlangen Nürnberg - School of Business & Economics, Bielefeld University - Center for Mathematical Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 375 (100,112)
Citation 2

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Multi-Unit Auctions, Spectrum Auctions, Telecommunications, Industrial Organization, Game Theory

Signal-Jamming in a Sequential Auction

Economics Letters, Vol. 108, 210
Number of pages: 7 Posted: 09 Sep 2009 Last Revised: 31 Oct 2017
Wei Ding, Thomas D. Jeitschko and Elmar G. Wolfstetter
University of Bonn - The Bonn Graduate School of Economics, Michigan State University - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 298 (128,170)

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Auctions, Signaling, Price Competition

Signal Jamming in a Sequential Auction

Economics Letters, Vol. 108, No. 1, 2010
Posted: 19 May 2010
Wei Ding, Thomas D. Jeitschko and Elmar G. Wolfstetter
University of Bonn - The Bonn Graduate School of Economics, Michigan State University - Department of Economics and Humboldt University of Berlin - Faculty of Economics

Abstract:

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Auctions, Signaling, Price Competition

14.

Auctions When Bidders Prepare by Investing in Ideas

Number of pages: 9 Posted: 29 Oct 1999
Thomas D. Jeitschko and Elmar G. Wolfstetter
Michigan State University - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 258 (149,405)
Citation 1

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15.

Bidding Behavior in Asymmetric Auctions: An Experimental Study

European Economic Review, 49: 187-192 (2005)
Number of pages: 30 Posted: 20 Aug 2001 Last Revised: 31 Oct 2017
Werner Güth, Radosveta Ivanova-Stenzel and Elmar G. Wolfstetter
Max Planck Institute for Research on Collective Goods, Technische Universität Berlin (TU Berlin) and Humboldt University of Berlin - Faculty of Economics
Downloads 243 (158,495)
Citation 6

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Sealed Bid Auctions, Asymmetric Bidders, Private-Independent Values, Experiments

16.

First-Price Auctions When the Ranking of Valuations is Common Knowledge

Review of Economic Design, Vol. 6, 2001
Number of pages: 18 Posted: 10 Feb 1997 Last Revised: 31 Oct 2017
University of Haifa - Department of Economics, Technion-Israel Institute of Technology - The William Davidson Faculty of Industrial Engineering & Management, Humboldt University of Berlin - Faculty of Economics and Hebrew University - Center for the Study of Rationality
Downloads 210 (182,178)
Citation 6

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17.

Partnership Dissolution, Complementarity, and Investment Incentives

Number of pages: 29 Posted: 19 Nov 2004
Jianpei Li and Elmar G. Wolfstetter
Humboldt University of Berlin and Humboldt University of Berlin - Faculty of Economics
Downloads 178 (211,353)

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18.

Immediate Demand Reduction in Simultaneous Ascending Bid Auctions

Number of pages: 11 Posted: 17 Sep 2004
Frank Riedel and Elmar G. Wolfstetter
Bielefeld University - Center for Mathematical Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 169 (220,942)

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Multi-unit auctions

19.

Research Joint Ventures, Optimal Licensing, and R&D Subsidy Policy

Number of pages: 19 Posted: 31 Aug 2006
Cuihong Fan and Elmar G. Wolfstetter
Shanghai University of Finance and Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 133 (268,519)

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Patent licensing, industrial organization, R&D subsidies, research joint ventures

20.

On Some Auction Rules for Amicable Divorce in Equal Share Partnerships

Number of pages: 14 Posted: 23 May 2005
Yvan Lengwiler and Elmar G. Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 122 (286,453)
Citation 5

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Auctions, partnership dissolution, divorce rules, inheritance rules, mechanism design, revenue equivalence theorem

21.

Procurement with Costly Bidding, Optimal Shortlisting, and Rebates

Economics Letters, 98 (2008) 327–334
Number of pages: 9 Posted: 26 Oct 2006 Last Revised: 31 Oct 2017
Cuihong Fan and Elmar G. Wolfstetter
Shanghai University of Finance and Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 115 (298,618)

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Procurement, Auctions, Entry

22.

Efficient (Re-)Scheduling: An Auction Approach

Economics Letters, Vol. 89, 2005
Number of pages: 12 Posted: 19 Jul 2004 Last Revised: 31 Oct 2017
Siri Pettersen Strandenes and Elmar G. Wolfstetter
Norwegian School of Economics (NHH) - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 105 (318,176)

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Auctions, rationing

23.

License Auctions With Royalty Contracts for (Winners and) Losers

Games and Economic Behavior, Vol. 63, 2008
Number of pages: 19 Posted: 28 Feb 2006 Last Revised: 29 Oct 2017
Thomas Giebe and Elmar G. Wolfstetter
Linnaeus University - Department of Economics and Statistics and Humboldt University of Berlin - Faculty of Economics
Downloads 104 (320,240)

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Licensing, Auctions, Royalty, Innovation, R&D, Mechanism Design

24.

Optimal Licensing Under Incomplete Information: The Case of the Inside Patent Holder

Economic Theory, Vol. 66, 2018
Number of pages: 22 Posted: 20 Mar 2017 Last Revised: 08 Dec 2018
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 77 (385,719)
Citation 4

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25.

How to Allocate R&D (and Other) Subsidies: An Experimentally Tested Policy Recommendation

Research Policy, Vol. 35, 2006
Number of pages: 22 Posted: 15 Dec 2005 Last Revised: 31 Oct 2017
Thomas Giebe, Elmar G. Wolfstetter and Tim Grebe
Linnaeus University - Department of Economics and Statistics, Humboldt University of Berlin - Faculty of Economics and Humboldt University at Berlin
Downloads 63 (429,740)
Citation 3

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Research, Subsidies, Experimental Economics

26.

Prizes and Lemons: Procurement of Innovation Under Imperfect Commitment

RAND Journal of Economics, 42, No. 4, Winter 2011 pp. 664–680
Number of pages: 21 Posted: 29 Aug 2011 Last Revised: 29 Oct 2017
Elmar G. Wolfstetter and Wei Ding
Humboldt University of Berlin - Faculty of Economics and University of Bonn - The Bonn Graduate School of Economics
Downloads 45 (499,683)
Citation 3

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innovation, contests, tournaments, auctions, bargaining, adverse selection

27.

Bertrand Market Games with Espionage under Incomplete Information

Number of pages: 17 Posted: 20 Mar 2017 Last Revised: 09 Nov 2017
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 42 (513,170)

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28.
Downloads 40 (522,641)
Citation 1

Security Bid Auctions for Agency Contracts

Review of Economic Design 7: 443–463 (2003)
Number of pages: 29 Posted: 07 Nov 2013 Last Revised: 31 Oct 2017
Byoung Jun and Elmar G. Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 27 (610,118)

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auctions and security design, agency problems

Security Bid Auctions for Agency Contracts

CESifo Working Paper Series No. 4554
Number of pages: 30 Posted: 21 Jan 2014
Byoung Jun and Elmar G. Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 13 (718,735)

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auctions and security design, agency problems, mechanism design

29.

Optimal Licensing of Technology in the Face of (Asymmetric) Competition

International Journal of Industrial Organization, Vol. 60, No. Sept., 2018: 32-53
Number of pages: 19 Posted: 31 Oct 2017 Last Revised: 27 Aug 2018
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 27 (593,411)

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Patent Licensing, Dynamic Mechanisms, Menu Auctions

30.

Licensing Process Innovations when Losers’ Messages Determine Royalty Rates

Games and Economic Behavior, Vol. 82, 2013
Number of pages: 22 Posted: 30 Aug 2011 Last Revised: 31 Oct 2017
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 26 (599,824)

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Patents, licensing, auctions, royalty, innovation, R&D, mechanism design

31.

Per Unit vs. Ad Valorem Royalty Licensing

Economics Letters, 2018, 170: 71-75
Number of pages: 8 Posted: 22 Jun 2018 Last Revised: 29 Jun 2018
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 23 (619,961)
Citation 2

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innovation, patent licensing, royalty contracts

Auctions with Imperfect Commitment When the Reserve May Serve as a Signal

CESifo Working Paper Series No. 4586
Number of pages: 14 Posted: 05 Feb 2014
Byoung Jun and Elmar G. Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 12 (727,382)

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auctions, signaling, imperfect commitment

Auctions with Imperfect Commitment When the Reserve May Serve as a Signal

International Journal of Industrial Organization, Vol. 40, No. 1, 2015
Number of pages: 13 Posted: 06 Nov 2013 Last Revised: 29 Oct 2017
Byoung Jun and Elmar G. Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 11 (735,825)

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auctions, signaling, imperfect commitment

33.

Induced Price Leadership and (Counter-)spying Rivals’ Play Under Incomplete Information

Number of pages: 24 Posted: 11 Feb 2019
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 22 (626,949)
Citation 1

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Industrial Espionage, Price Leadership, Stackelberg Games, Collusion, Antitrust Policy, Incomplete Information

34.

Licensing a Common Value Innovation When Signaling Strength May Backfire

International Journal of Game Theory, (2014) 43:215–244
Number of pages: 26 Posted: 07 Nov 2013 Last Revised: 29 Oct 2017
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 20 (640,937)

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patents, licensing, auctions, innovation, mechanism design

35.

Procuring Substitutes with (Fine-Tuned) First-Price Auctions

Economics Letters, Vol. 171, 2018: 115-118
Number of pages: 7 Posted: 31 Jul 2018 Last Revised: 27 Aug 2018
Leandro Arozamena, Federico Weinschelbaum and Elmar G. Wolfstetter
Universidad Torcuato Di Tella - Departamento de Economia, Universidad Torcuato Di Tella - Departamento de Economia and Humboldt University of Berlin - Faculty of Economics
Downloads 13 (692,698)

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Procurement, Auctions, Mechanism Design

36.

Strategic Leaks in First-Price Auctions and Tacit Collusion: The Case of Spying and Counter-Spying

CESifo Working Paper No. 9021
Number of pages: 16 Posted: 23 Apr 2021
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 12 (700,618)

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37.

Optimal Bid Disclosure in Patent License Auctions Under Alternative Modes of Competition

International Journal of Industrial Organization, Vol. 47, No. 1, 2016, 1-32
Number of pages: 27 Posted: 20 Mar 2017 Last Revised: 29 Oct 2017
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 10 (716,133)

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38.

Universal High-Speed Broadband Provision: An Alternative Policy Approach

CESifo Working Paper No. 9014
Number of pages: 20 Posted: 16 Apr 2021
Elmar G. Wolfstetter
Humboldt University of Berlin - Faculty of Economics
Downloads 7 (739,849)

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39.

Induced Price Leadership and (Counter-)Spying Rivals' Play Under Incomplete Information

CESifo Working Paper No. 7476
Number of pages: 26 Posted: 21 Feb 2019
Cuihong Fan, Byoung Jun and Elmar G. Wolfstetter
Shanghai University of Finance and Economics, Korea University - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 6 (747,816)

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industrial espionage, price leadership, Stackelberg games, collusion, antitrust policy, incomplete information

40.

Spectrum License Auctions with Exit (and Call) Options: Alternative Remedies for the Exposure Problem

Information Economics and Policy, Vol. 27, 2014
Number of pages: 14 Posted: 10 Nov 2017
Luke Hu and Elmar G. Wolfstetter
Humboldt University of Berlin - Institute of Economic Theory and Humboldt University of Berlin - Faculty of Economics
Downloads 4 (763,271)

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41.

Horizontal Mergers with Synergies: Cash vs. Profit-Share Auctions

International Journal of Industrial Organization, Vol. 31, No. 5, 2013
Posted: 29 Jul 2013
Wei Ding, Cuihong Fan and Elmar G. Wolfstetter
University of Bonn - The Bonn Graduate School of Economics, Shanghai University of Finance and Economics and Humboldt University of Berlin - Faculty of Economics

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Horizontal mergers, Takeovers, Auctions, Externalities, Oligopoly