Elmar Wolfstetter

Humboldt University of Berlin - Faculty of Economics

Professor

Institut für Wirtschaftstheorie I

Spandauer Strasse 1

Berlin

Germany

http://www2.hu-berlin.de/wt1wo/staff/wolfstetter/index.html

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

39

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8,934

SSRN CITATIONS
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Top 13,074

in Total Papers Citations

16

CROSSREF CITATIONS

61

Scholarly Papers (39)

1.

The Third Generation (Umts) Spectrum Auction in Germany

CESifo Working Paper Series No. 584
Number of pages: 23 Posted: 13 Nov 2001
Veronika Grimm, Frank Riedel and Elmar 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 864 (28,889)

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Auctions, Telecommunications, Industrial Organization, Game Theory

2.

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 Wolfstetter
Humboldt University of Berlin - Faculty of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 682 (40,001)

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3.

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 Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 678 (40,304)
Citation 6

Abstract:

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auctions, corruption

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 Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 586 (48,869)

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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 Wolfstetter
University of Cologne and Humboldt University of Berlin - Faculty of Economics
Downloads 586 (48,869)
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 Wolfstetter
Humboldt University of Berlin - Faculty of Economics
Downloads 541 (54,059)
Citation 3

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auctions, procurement, corruption

7.

Auctions and Corruption

CESifo Working Paper Series No. 401
Number of pages: 26 Posted: 31 Oct 2000
Elmar Wolfstetter and Yvan Lengwiler
Humboldt University of Berlin - Faculty of Economics and University of Basel - Faculty of Business and Economics (WWZ)
Downloads 541 (54,059)

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Auctions, Procurement, Corruption, Collusion, Coalitions

8.

A Sealed-Bid Auction that Matches the English Auction

CESifo Working Paper Series No. 249
Number of pages: 12 Posted: 29 Oct 1998
Elmar Wolfstetter, Motty Perry and Shmuel Zamir
Humboldt University of Berlin - Faculty of Economics, Hebrew University of Jerusalem - Center for the Study of Rationality and Hebrew University - Center for the Study of Rationality
Downloads 471 (64,334)

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9.

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

CESifo Working Paper No. 534
Number of pages: 17 Posted: 21 Aug 2001
Elmar Wolfstetter
Humboldt University of Berlin - Faculty of Economics
Downloads 462 (65,850)
Citation 1

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Spectrum Auctions, Telecommunications, Industrial Organization

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 Wolfstetter and Thomas D. Jeitschko
Humboldt University of Berlin - Faculty of Economics and Michigan State University - Department of Economics
Downloads 459 (66,389)
Citation 2

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11.

Implementing Efficient Market Structure

CESifo Working Paper Series No. 269
Number of pages: 23 Posted: 25 Apr 2000
Veronika Grimm, Frank Riedel and Elmar 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 402 (77,826)

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Mechanism Design, Natural Oligopoly, Auctions, Entry

12.

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

CESifo Working Paper Series No. 506
Number of pages: 20 Posted: 01 Aug 2001
Veronika Grimm, Frank Riedel and Elmar 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 372 (85,174)
Citation 1

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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 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 296 (109,333)

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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 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

CESifo Working Paper Series No. 258
Number of pages: 9 Posted: 29 Oct 1999
Thomas D. Jeitschko and Elmar Wolfstetter
Michigan State University - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 256 (128,105)
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 Wolfstetter
Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods, Technische Universität Berlin (TU Berlin) and Humboldt University of Berlin - Faculty of Economics
Downloads 221 (148,076)
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 204 (159,613)
Citation 5

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17.

Partnership Dissolution, Complementarity, and Investment Incentives

CESifo Working Paper Series No. 1325
Number of pages: 29 Posted: 19 Nov 2004
Jianpei Li and Elmar Wolfstetter
Humboldt University of Berlin and Humboldt University of Berlin - Faculty of Economics
Downloads 172 (186,196)

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18.

Immediate Demand Reduction in Simultaneous Ascending Bid Auctions

CESifo Working Paper Series No. 1315
Number of pages: 11 Posted: 17 Sep 2004
Frank Riedel and Elmar Wolfstetter
Bielefeld University - Center for Mathematical Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 166 (191,902)

Abstract:

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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 Wolfstetter
Shanghai University of Finance and Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 132 (231,693)

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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 Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 118 (252,092)
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 Wolfstetter
Shanghai University of Finance and Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 115 (256,805)

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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 Wolfstetter
Linnaeus University - Department of Economics and Statistics and Humboldt University of Berlin - Faculty of Economics
Downloads 104 (275,626)

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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 Wolfstetter
Norwegian School of Economics (NHH) - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 103 (277,426)

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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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 73 (343,113)
Citation 3

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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 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 (371,114)
Citation 2

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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 Wolfstetter and Wei Ding
Humboldt University of Berlin - Faculty of Economics and University of Bonn - The Bonn Graduate School of Economics
Downloads 45 (432,191)
Citation 1

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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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 38 (460,661)

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28.
Downloads 37 (464,964)
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 Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 25 (541,374)

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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 Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 12 (632,077)

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auctions and security design, agency problems, mechanism design

29.

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 26 (519,653)

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

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 23 (537,367)

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Patent Licensing, Dynamic Mechanisms, Menu Auctions

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 Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 12 (632,077)

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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 Wolfstetter
Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 11 (639,506)

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auctions, signaling, imperfect commitment

32.

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 20 (555,905)

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patents, licensing, auctions, innovation, mechanism design

33.

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 18 (568,555)

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innovation, patent licensing, royalty contracts

34.

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 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 (600,718)

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Procurement, Auctions, Mechanism Design

35.

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 9 (627,923)

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36.

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University and Humboldt University of Berlin - Faculty of Economics
Downloads 8 (634,793)

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

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 Wolfstetter
Shanghai University of Finance and Economics, Korea University - Department of Economics and Humboldt University of Berlin - Faculty of Economics
Downloads 4 (662,756)

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

38.

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 Wolfstetter
Humboldt University of Berlin - Institute of Economic Theory and Humboldt University of Berlin - Faculty of Economics
Downloads 3 (670,544)

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39.

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 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