WorldCat Identities

Schmutzler, Armin

Overview
Works: 103 works in 251 publications in 2 languages and 867 library holdings
Roles: Author, Thesis advisor, dgs
Classifications: HD30.23, 658.4033
Publication Timeline
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Most widely held works by Armin Schmutzler
Flexibility and adjustment to information in sequential decision problems : a systematic approach by Armin Schmutzler( Book )

14 editions published in 1991 in 3 languages and held by 194 WorldCat member libraries worldwide

This book provides a systematic approach to sequential decision problems from the vantage point of economic theory. The emphasis is on the interplay between irreversibility, uncertainty and information. In particular, it is shown how flexibility (liquidity) considerations can be modelled in a general choice-theoretical framework. The book ties together differentstrands of literature. This aim is achieved by working in a sufficiently general framework that is illustrated by means of examples from capital and investment theory, environmental economics (including option value theory), monetary theory and management science. The systematic treatment of the subject is novel. In addition, a considerable number of newresults are proved, particularly in chapter 3. The reader can expect a relatively straightforward introduction to central ideas of intertemporal decision problems under uncertaintly, which he/she would otherwise have to extract from a rather disperse literature
The effects of gobalization on worker training by Hans Gersbach( )

8 editions published between 2005 and 2006 in English and held by 26 WorldCat member libraries worldwide

We consider a three-stage game to examine how market integration affects firms' incentives to provide general worker training. In stage 1, firms invest in productivity-enhancing training. In stage 2, they can make wage offers for each others' workers. Finally, Cournot competition takes place. When two product markets become integrated, that is, replaced by a market with greater demand and more firms, training by each firm increases, provided the two markets are initially sufficiently concentrated. When barriers between less concentrated markets are eliminated, training is reduced. Integration increases welfare if it does not reduce training. However, for large parameter regions, welfare decreases if integration reduces training. We also show that opening product markets to countries with publicly funded training or cheap, low-skilled labor can threaten apprenticeship systems
A product market theory of worker training by Hans Gersbach( Book )

10 editions published between 2001 and 2004 in English and held by 19 WorldCat member libraries worldwide

We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple equilibria can emerge. If competition is suffciently soft and trained workers are substitutes, firms may invest in non-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in order to attract trained workers. Government intervention can be socially desirable to turn training into a focal equilibrium. -- general training ; human capital ; oligopoly ; turnover
Weddings with uncertain prospects? : mergers under asymmetric information by Thomas Borek( Book )

7 editions published between 2003 and 2004 in English and held by 17 WorldCat member libraries worldwide

Infrastructure quality in deregulated industries : is there an underinvestment problem? by Men-Andri Benz( Book )

7 editions published between 2002 and 2003 in English and held by 17 WorldCat member libraries worldwide

Flexibility, coordination and the organization of work by Susan Athey( Book )

3 editions published in 1994 in English and Undetermined and held by 16 WorldCat member libraries worldwide

On the stability of geographical production patterns : the role of heterogeneity and externalities by Armin Schmutzler( Book )

3 editions published in 1995 in English and Undetermined and held by 15 WorldCat member libraries worldwide

Knowledge acquisition and communication in multinational firms by Hans Gersbach( Book )

2 editions published in 1998 in English and held by 14 WorldCat member libraries worldwide

Auctions vs negotiations in public procurement : which works better? by Rafael Lalive( Book )

7 editions published in 2011 in English and held by 14 WorldCat member libraries worldwide

Flexibility and learning in sequential decision problems by Armin Schmutzler( Book )

2 editions published in 1991 in English and held by 14 WorldCat member libraries worldwide

Competition for railway markets : the case of Baden-Württemberg by Rafael Lalive( Book )

5 editions published in 2005 in English and held by 14 WorldCat member libraries worldwide

Endogenous spillovers, the market for human capital, and incentives for innovation by Hans Gersbach( Book )

1 edition published in 1997 in English and held by 14 WorldCat member libraries worldwide

On incentives for "green" production : a signalling approach to the problem of credence goods by Armin Schmutzler( Book )

2 editions published in 1992 in English and held by 13 WorldCat member libraries worldwide

Die Aufteilung des Güterverkehrs auf Bahn, LKW und Schiff : eine dynamische Analyse by Dorothee Ginter( Book )

4 editions published in 1995 in German and Undetermined and held by 13 WorldCat member libraries worldwide

Modal Split - Sonderdruck Zeitschrift für Verkehrswissenschaft, 67 (1996) 1, S. 49-68
Does globalization create superstars? by Hans Gersbach( Book )

8 editions published between 2007 and 2013 in English and held by 13 WorldCat member libraries worldwide

To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete both in the product market and in the managerial market. We show that globalization, that is, the simultaneous integration of product markets and managerial pools, leads to an increase in the heterogeneity of managerial salaries. Typically, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model can explain the increasing heterogeneity of CEO compensation that has been observed in the last few decades
When do firms benefit from environmental regulation? by Armin Schmutzler( Book )

1 edition published in 1998 in English and held by 13 WorldCat member libraries worldwide

Rotten kids with bad intentions by Nick Netzer( Book )

5 editions published between 2010 and 2011 in English and held by 12 WorldCat member libraries worldwide

We examine a "Rotten Kid" model (Becker 1974) where a player with social preferences interacts with an egoistic player. We assume that social preferences are intention-based rather than outcome-based. In a very general multi-stage setting we show that any equilibrium must involve mutually unkind behavior of both players, endogenously generating negative emotions rather than positive altruism. In a large class of two-stage games that includes principal-agent and gift-giving games, this prevents equilibrium from being materially Pareto efficient. Compared to the subgame-perfect equilibrium without social preferences, efficiency is still generally increased. On the other hand, the materialistic player has lower whereas the reciprocal player has higher material payoffs, so that reciprocity does not increase equity: For sufficiently strong reciprocity concerns, the materialistic player ends up with a negligible share of the gains from trade
A product market theory of training and turnover in firms by Hans Gersbach( Book )

5 editions published in 2001 in English and held by 12 WorldCat member libraries worldwide

We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in order to attract trained workers. Government intervention can be socially desirable to turn training into a focal equilibrium
Merger negotiations and ex-post regret by Dennis Gärtner( Book )

7 editions published between 2006 and 2007 in English and held by 10 WorldCat member libraries worldwide

Is Competition Good for Innovation? by Armin Schmutzler( Book )

2 editions published in 2010 in English and held by 1 WorldCat member library worldwide

The relation between the intensity of competition and R & D investment has received a lot of attention, both in the theoretical and in the empirical literature. Nevertheless, no consensus on the sign of the effect of competition on innovation has emerged. This survey of the literature identifies sources of confusion in the theoretical debate. My discussion is mainly based on a unified model that simplifies the comparison of different results. This model is also applied to show which factors work in favor of a positive relation between competition and innovation
 
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Is Competition Good for Innovation?
Alternative Names
Schmutzler, A. 1962-

Languages
English (94)

German (4)

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