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

DOWNLOADS
Rank 4,613

SSRN RANKINGS

Top 4,613

in Total Papers Downloads

8,706

CITATIONS
Rank 9,454

SSRN RANKINGS

Top 9,454

in Total Papers Citations

58

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 855 (26,750)
Citation 10

Abstract:

Loading...

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 679 (36,719)

Abstract:

Loading...

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 631 (40,468)
Citation 8

Abstract:

Loading...

auctions, corruption

4.

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 578 (45,459)
Citation 10

Abstract:

Loading...

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 Wolfstetter
University of Basel - Faculty of Business and Economics (WWZ) and Humboldt University of Berlin - Faculty of Economics
Downloads 568 (46,502)
Citation 1

Abstract:

Loading...

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

6.

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 532 (50,510)
Citation 1

Abstract:

Loading...

Auctions, Procurement, Corruption, Collusion, Coalitions

7.

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 514 (52,755)
Citation 2

Abstract:

Loading...

auctions, procurement, corruption

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 467 (59,530)
Citation 2

Abstract:

Loading...

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 457 (61,143)
Citation 4

Abstract:

Loading...

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 457 (61,143)
Citation 13

Abstract:

Loading...

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 397 (72,447)

Abstract:

Loading...

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 369 (78,890)
Citation 12

Abstract:

Loading...

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 294 (101,177)

Abstract:

Loading...

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:

Loading...

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 254 (118,741)
Citation 1

Abstract:

Loading...

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 Guth, Radosveta Ivanova-Stenzel and Elmar Wolfstetter
Max Planck Institute of Economics, Technische Universität Berlin (TU Berlin) and Humboldt University of Berlin - Faculty of Economics
Downloads 205 (146,449)
Citation 14

Abstract:

Loading...

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 203 (147,801)
Citation 19

Abstract:

Loading...

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 171 (172,717)

Abstract:

Loading...

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 163 (180,003)
Citation 4

Abstract:

Loading...

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 128 (219,246)

Abstract:

Loading...

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

20.

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 113 (240,484)
Citation 1

Abstract:

Loading...

Procurement, Auctions, Entry

21.

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 111 (243,538)
Citation 4

Abstract:

Loading...

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

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 103 (256,653)
Citation 8

Abstract:

Loading...

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 102 (258,361)
Citation 1

Abstract:

Loading...

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 63 (343,708)
Citation 2

Abstract:

Loading...

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 (343,708)
Citation 5

Abstract:

Loading...

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 43 (407,845)
Citation 8

Abstract:

Loading...

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 35 (439,199)

Abstract:

Loading...

28.
Downloads 34 (443,335)
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 23 (513,582)

Abstract:

Loading...

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 11 (591,563)
Citation 1

Abstract:

Loading...

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 23 (497,826)
Citation 5

Abstract:

Loading...

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

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 11 (591,563)

Abstract:

Loading...

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 9 (605,150)

Abstract:

Loading...

auctions, signaling, imperfect commitment

31.

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 17 (532,363)
Citation 4

Abstract:

Loading...

patents, licensing, auctions, innovation, mechanism design

32.

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 15 (543,975)

Abstract:

Loading...

Patent Licensing, Dynamic Mechanisms, Menu Auctions

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 12 (561,932)
Citation 1

Abstract:

Loading...

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 10 (574,207)

Abstract:

Loading...

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 7 (592,904)

Abstract:

Loading...

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 6 (599,362)

Abstract:

Loading...

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 (612,793)

Abstract:

Loading...

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 (620,718)

Abstract:

Loading...

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

Abstract:

Loading...

Horizontal mergers, Takeovers, Auctions, Externalities, Oligopoly