Armin Schmutzler is Professor of Economics at the University of Zurich and Research Fellow of the Centre for European Policy Research and the European Network for Competition and Regulation. His other website is <http://www.soi.unizh.ch/staff/schmutzler/index.html>
Economic Theory
Merger Negotiations and Ex Post Regret (with Dennis Gärtner), Journal of Economic Theory (2009)
We consider a setting in which two potential merger partners each possess private information pertaining...
A unified approach to comparative statics puzzles in experiments, SOI Working Papers, University of Zurich (2008)
Many experimental studies implement two versions of one game for which agents’ behavior is fundamentally...
All-Pay Auctions with Negative Prize Externalities: Theory and Experimental Evidence (with Dario Sacco) (2008)
The paper characterizes the mixed-strategy equilibria in all-pay auctions with endogenous prizes that depend positively...
Experimental Economics
Is there a U-shaped relation between competition and investment? (with Dario Sacco), International Journal of Industrial Organisation (2010)
We consider a two-stage game with cost-reducing investments followed by a linear differentiated Cournot duopoly....
Competition and Innovation: An Experimental Investigation (with Dario Sacco and Donja Darai), SOI Working Papers, University of Zurich (2009)
The paper analyzes the effects of more intense competi- tion on firms’' incentives to invest...
Self-reinforcing market dominance (with Daniel Halbheer, Ernst Fehr, and Lorenz Götte), Games and Economic Behavior (2009)
Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated...
A unified approach to comparative statics puzzles in experiments, SOI Working Papers, University of Zurich (2008)
Many experimental studies implement two versions of one game for which agents’ behavior is fundamentally...
All-Pay Auctions with Negative Prize Externalities: Theory and Experimental Evidence (with Dario Sacco) (2008)
The paper characterizes the mixed-strategy equilibria in all-pay auctions with endogenous prizes that depend positively...
Industrial Organisation
Is there a U-shaped relation between competition and investment? (with Dario Sacco), International Journal of Industrial Organisation (2010)
We consider a two-stage game with cost-reducing investments followed by a linear differentiated Cournot duopoly....
Competition and Innovation: An Experimental Investigation (with Dario Sacco and Donja Darai), SOI Working Papers, University of Zurich (2009)
The paper analyzes the effects of more intense competi- tion on firms’' incentives to invest...
Self-reinforcing market dominance (with Daniel Halbheer, Ernst Fehr, and Lorenz Götte), Games and Economic Behavior (2009)
Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated...
The effects of competition on investment -- Towards a Taxonomy, SOI working papers, University of Zurich (2008)
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have...
Entry in liberalized railway markets: The German experience (with Rafael Lalive), Review of Network Economics (2008)
In Germany, competitive franchising is increasingly being used to procure passenger railway services that were...
Innovation and Spillovers
Is there a U-shaped relation between competition and investment? (with Dario Sacco), International Journal of Industrial Organisation (2010)
We consider a two-stage game with cost-reducing investments followed by a linear differentiated Cournot duopoly....
Competition and Innovation: An Experimental Investigation (with Dario Sacco and Donja Darai), SOI Working Papers, University of Zurich (2009)
The paper analyzes the effects of more intense competi- tion on firms’' incentives to invest...
Self-reinforcing market dominance (with Daniel Halbheer, Ernst Fehr, and Lorenz Götte), Games and Economic Behavior (2009)
Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated...
Foreign Direct Investment and R&D offshoring (with Hans Gersbach), SOI Working Papers, University of Zurich (2008)
We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which...
The effects of competition on investment -- Towards a Taxonomy, SOI working papers, University of Zurich (2008)
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have...
Network Industries
Entry in liberalized railway markets: The German experience (with Rafael Lalive), Review of Network Economics (2008)
In Germany, competitive franchising is increasingly being used to procure passenger railway services that were...
Exploring the effects of competition for railway markets (with Rafael Lalive), International Journal of Industrial Organisation (2008)
This paper studies the effects of introducing competition for local passenger railway markets in the...
The Interaction of Product and Labor Markets
A Product-Market Theory of Industry-Specific Training (with Hans Gersbach), SOI Working Papers, University of Zurich (2007)
We develop a product market theory that explains why firms provide their workers with skills...
Does Globalization Create Superstars? (with Hans Gersbach), SOI Working Papers, University of Zurich (2007)
To examine the impact of globalization on managerial compensation, we consider a matching model where...