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

44

DOWNLOADS
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Top 7,834

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10,155

SSRN CITATIONS
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SSRN RANKINGS

Top 13,942

in Total Papers Citations

40

CROSSREF CITATIONS

59

Scholarly Papers (44)

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 940 (43,401)

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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 874 (47,929)
Citation 7

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 702 (64,418)

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4.

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 702 (64,525)
Citation 3

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auctions, procurement, corruption

5.

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 642 (72,212)

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

6.

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 617 (75,827)
Citation 2

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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 566 (84,474)

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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 495 (99,671)
Citation 19

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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 494 (99,921)
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 462 (108,276)
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 423 (120,096)

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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 392 (131,062)
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 (175,113)

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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 Last Revised: 08 Nov 2022
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 269 (195,711)
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 259 (203,297)
Citation 8

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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 231 (227,403)
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 197 (263,557)
Citation 1

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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 186 (277,370)

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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 142 (348,357)

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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 130 (372,833)
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 126 (381,753)

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Procurement, Auctions, Entry

22.

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 118 (400,778)
Citation 1

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

23.

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 114 (411,029)

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Auctions, rationing

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 90 (483,125)
Citation 4

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25.
Downloads 87 (493,311)
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: 08 Nov 2022
Byoung Jun and Elmar G. Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 60 (616,016)

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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 27 (844,936)

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auctions and security design, agency problems, mechanism design

26.

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 80 (518,993)
Citation 5

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Research, Subsidies, Experimental Economics

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 63 (591,141)

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28.

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 61 (600,834)
Citation 3

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

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 27 (844,936)

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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 26 (854,067)

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auctions, signaling, imperfect commitment

30.

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 49 (664,828)

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Patent Licensing, Dynamic Mechanisms, Menu Auctions

31.

Per Unit vs. Ad Valorem Royalty Licensing

Economics Letters, 2018, 170: 71-75
Number of pages: 8 Posted: 22 Jun 2018 Last Revised: 08 Nov 2022
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 43 (701,667)
Citation 2

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innovation, patent licensing, royalty contracts

32.

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 43 (701,667)

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

33.

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 33 (772,199)

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Procurement, Auctions, Mechanism Design

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 32 (779,846)

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patents, licensing, auctions, innovation, mechanism design

35.

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 29 (803,644)
Citation 1

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36.

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 23 (854,798)

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37.

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 21 (873,351)

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

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 16 (921,410)

Abstract:

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39.

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 16 (921,410)

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40.

Spying in Bertrand Markets Under Incomplete Information: Who Benefits and Is It Stable?

Journal of Mathematical Economics, Vol. 102, 2022
Number of pages: 17 Posted: 21 Nov 2022
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 15 (931,240)

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41.

Universal High-Speed Broadband Provision: A Simple Auction Approach

Information Economics and Policy, Vol. 60, 2022
Number of pages: 17 Posted: 21 Nov 2022
Elmar G. Wolfstetter
Humboldt University of Berlin - Faculty of Economics
Downloads 12 (961,172)

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Public-private partnerships, auctions, universal service auctions, high- speed broadband provision, public finance.

42.

Spying and Imperfect Commitment in First-Price Auctions: A Case of Tacit Collusion

Economic Theory Bulletin, Forthcoming
Number of pages: 37 Posted: 02 Aug 2023
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 10 (980,216)

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Auctions, collusion, espionage, signaling

43.

Price Leadership, Spying, and Secret Price Changes: A Stackelberg Game with Imperfect Commitment

International Journal of Game Theory, 52 (2023): 775–804
Posted: 11 Feb 2019 Last Revised: 06 Sep 2023
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 0 (1,058,163)
Citation 1

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

44.

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