Prof. Dr. Patrick Schmitz | Universität zu Köln

Prof. Dr. Patrick Schmitz / Mitarbeiter / Prof. Dr. Patrick Schmitz

Prof. Dr. Patrick W. Schmitz

University of Cologne
Staatswissenschaftliches Seminar
Albertus-Magnus-Platz
50923 Köln
Germany

Tel.: +49 221 470-5609
Fax: +49 221 470-5077

Office hours: By appointment
Room number: 49

are-patrick.schmitz-xya34[at]ddks-uni-koeln.de

Research Fellow, Centre for Economic Policy Research (CEPR), London

Research interests

Theory of economic incentives, institutional and information economics (in particular agency theory and theory of incomplete contracts). Applications in industrial organization, political economy, public economics, monetary policy, labour economics, business administration, and law & economics.

Selected Publications [show all publications]

Information gathering, transaction costs, and the property rights approach
American Economic Review, Vol. 96 (1), 2006, 422-434.
Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions
Rand Journal of Economics, Vol. 36 (2), 2005, 318-336.
Endogenous Punishments in Agency with Verifiable Ex Post Information (with Anke S. Kessler and Christoph Lülfesmann)
International Economic Review, Vol. 46 (4), 2005, 1207-1231.
Optimal Allocation of Ownership Rights in Dynamic R&D Alliances (with Stephanie Rosenkranz)
Games and Economic Behavior, Vol. 43 (1), 2003, 153-173.
On Monopolistic Licensing Strategies under Asymmetric Information
Journal of Economic Theory, Vol. 106 (1), 2002, 177-189.
Simple Contracts, Renegotiation under Asymmetric Information, and the Hold-up Problem
European Economic Review, Vol. 46 (1), 2002, 169-188.
On the Interplay of Hidden Action and Hidden Information in Simple Bilateral Trading Problems
Journal of Economic Theory, Vol. 103 (2), 2002, 444-460.
Ex Post Liability for Harm vs. Ex Ante Safety Regulation: Substitutes or Complements? Comment (with Christian Ewerhart)
American Economic Review, Vol. 88 (4), 1998, 1027.

Referee for

American Economic Review, B.E. Journal of Theoretical Economics, Bulletin of Economic Research, Econometrica, Economic Journal, Economic Theory, Economics Letters, European Economic Review, German Economic Review, International Economic Review, International Journal of Industrial Organization, International Review of Law and Economics, Journal of Comparative Economics, Journal of Economic Behavior and Organization, Journal of Economic Theory, Journal of Economics/Zeitschrift für Nationalökonomie, Journal of Economics and Management Strategy, Journal of Institutional and Theoretical Economics, Journal of Law, Economics, and Organization, Journal of Political Economy, Journal of the European Economic Association, Labour Economics, Managerial and Decision Economics, Quarterly Journal of Economics, Rand Journal of Economics, Review of Economic Studies, Schmalenbach Business Review, Theoretical Economics.