WorldCat Identities

Schmutzler, Armin

Overview
Works: 76 works in 195 publications in 2 languages and 703 library holdings
Roles: Thesis advisor, Creator
Classifications: HD30.23, 658.4033
Publication Timeline
Key
Publications about  Armin Schmutzler Publications about Armin Schmutzler
Publications by  Armin Schmutzler Publications by Armin Schmutzler
Most widely held works by Armin Schmutzler
Flexibility and adjustment to information in sequential decision problems : a systematic approach by Armin Schmutzler ( Book )
11 editions published in 1991 in English and German and held by 198 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 ( )
9 editions published between 2005 and 2006 in English and held by 31 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 )
7 editions published between 2001 and 2003 in English and held by 19 WorldCat member libraries worldwide
Is competition good for innovation? a simple approach to an unresolved question by Armin Schmutzler ( )
3 editions published between 2009 and 2010 in English and held by 18 WorldCat member libraries 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
Does globalization create superstars? by Hans Gersbach ( Book )
8 editions published in 2007 in English and held by 17 WorldCat member libraries worldwide
To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms compete both in the product market and in the managerial market. We show that globalization, i.e. 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. -- Globalization ; manager remuneration ; superstars
Infrastructure quality in deregulated industries : is there an underinvestment problem? by Men-Andri Benz ( Book )
6 editions published in 2003 in English and held by 17 WorldCat member libraries worldwide
Who integrates? by Stefan Bühler ( )
6 editions published in 2003 in English and held by 17 WorldCat member libraries worldwide
Weddings with uncertain prospects? : mergers under asymmetric information by Thomas Borek ( Book )
6 editions published in 2003 in English and held by 17 WorldCat member libraries worldwide
Competition for railway markets : the case of Baden-Württemberg by Rafael Lalive ( Book )
6 editions published in 2005 in English and held by 16 WorldCat member libraries worldwide
This paper studies the effects of introducing competition for local passenger railway markets in the German state of Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the market with lines procured by direct negotiations with the incumbent. Our results suggest that the competitively procured lines enjoyed a stronger growth of the frequency of service than those that were not procured competitively, even after controlling for various line characteristics that might have had an independent influence on the frequency of service. Our results further suggest that the effects of competition may depend strongly on the operator. -- Competition for the market ; liberalization ; passenger railways ; procurement auctions
Die Aufteilung des Güterverkehrs auf Bahn, LKW und Schiff : eine dynamische Analyse by Dorothee Ginter ( Book )
5 editions published between 1995 and 1996 in German and Undetermined and held by 16 WorldCat member libraries worldwide
In der Bundesrepublik wuchs das gesamte Güteraufkommen vom 313,6 Millionen Tonnen im Jahre 1950 auf 973,4 Millionen Tonnen im Jahre 1990. Der Anteil der Bahn sank dabei im gleichen Zeitraum drastisch vom 66,6% auf 31,2%, der des LKW stieg von 10,5% auf 45,0%. Ziel des Beitrag ist es, die quantitative Bedeutung des Güterstruktureffekts als Grund für die Verkehrsverlagerung einzuschätzen, indem diese Veränderungen und die Veränderungen der Anteile der Verkehrsträger innerhalb der Güterkategorien gegenübergestellt werden. Anschliessend wird ein Überblick über die Anteile verschiedener Gütergruppen und -träger am Gesamtverkehr und ihre Entwicklungen gegeben. Es wird auch die Grössenordnung von Güterstruktureffekten und Verkehrsmitteleffekten berechnet. Ein Ausblick in zukünftigen Entwicklungen beendet den Beitrag.--SCAD summary
Merger negotiations and ex-post regret by Dennis Gärtner ( Book )
6 editions published in 2006 in English and held by 14 WorldCat member libraries worldwide
We consider a setting in which two potential merger partners each possess private information pertaining both to the profitability of the merged entity and to stand-alone profits, and we investigate the extent to which this private information makes ex-post regret an unavoidable phenomenon in merger negotiations. To this end, we consider ex-post incentive compatible mechanisms, which use both players' reports to determine whether or not a merger will take place and what each player will earn in each case. When the outside option of at least one player is known, the efficient merger decision can be implemented by such a mechanism under plausible budget-balance requirements. When neither outside option is known, we show that the potential for regret-free implementation is much more limited, unless the budget balance condition is relaxed to permit money-burning in the case of false reports. -- Mergers ; Mechanism ; design ; Asymmetric ; information ; Interdependent ; valuations ; Efficient ; mechanisms
Flexibility, coordination and the organization of work by Susan C Athey ( Book )
3 editions published in 1994 in English and Undetermined and held by 14 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 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 13 WorldCat member libraries worldwide
A product market theory of training and turnover in firms by Hans Gersbach ( Book )
5 editions published in 2001 in English and held by 13 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
The choice between emission taxes and output taxes with technological uncertainty and costly monitoring of emissions by Armin Schmutzler ( Book )
4 editions published in 1994 in 3 languages and held by 13 WorldCat member libraries worldwide
Pollution control with imperfectly observable emissions by Armin Schmutzler ( Book )
2 editions published in 1993 in English and held by 13 WorldCat member libraries worldwide
Foreign direct investment and R&D offshoring by Hans Gersbach ( Book )
6 editions published in 2006 in English and held by 13 WorldCat member libraries worldwide
We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which is originally situated in only one of the two countries, first decide whether to build a plant in the foreign country. Then, they decide whether to relocate R&D activities. Finally, they engage in product-market competition. Our main points are: first, FDI liberalization causes a relocation of R&D activities if intrafirm communication is sufficiently well developed, external spillovers are substantial, competition is not too strong and foreign markets are not too small. Second, such a relocation of R&D activities will usually nevertheless increase domestic welfare since it only occurs if intrafirm communication is well developed and therefore knowledge generated and obtained abroad flows back to the domestic country. Third, the potential of R&D offshoring makes FDI itself more likely. Fourth, when countries are asymmetric, the small-country firm is more likely to offshore its R&D activities into the large country than conversely. -- Foreign Direct Investment ; R&D ; Spillovers ; Research Relocation
Auctions vs negotiations in public procurement : which works better? by Rafael Lalive ( Book )
5 editions published in 2011 in English and held by 13 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 12 WorldCat member libraries worldwide
 
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Audience level: 0.67 (from 0.32 for Die Auftei ... to 0.88 for Flexibilit ...)
Alternative Names
Schmutzler, A. 1962-
Languages
English (93)
German (7)
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