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
A unified approach to comparative statics puzzles in experiments, SOI Working Papers, University of Zurich (2006)
Many experimental studies implement two versions of one game for which agents’ behavior is fundamentally...
Merger Negotiations and Ex Post Regret (with Dennis Gärtner), SOI Working Papers, University of Zurich (2006)
We consider a setting in which two potential merger partners each possess private information pertaining...
Experimental Economics
The Effects of Competition in Investment Games (with Dario Sacco), SOI Working Papers, University of Zurich (2006)
We analyze the effects of competitive intensity on investment behavior in oligopoly games. To this...
Industrial Organisation
Entry in liberalized railway markets: The German experience (with Rafael Lalive), SOI working papers, University of Zurich (forthcoming: Review of Network Economics) (2007)
In Germany, competitive franchising is increasingly being used to procure passenger railway services that were...
Intimidating Competitors–Endogenous Vertical Integration and Downstream Investment in Succesive Oligopoly (with Stefan Bühler), SOI working papers, University of Zurich (forthcoming: International Journal of Industrial Organisation) (2005)
This paper examines the interplay of endogenous vertical integration and cost-reducing downstream investment in successive...
Asymmetric Vertical Integration (with Stefan Buehler), The B.E. Journal of Theoretical Economics (2005)
We examine vertical backward integration in a reduced-form model of successive oligopolies. Our key findings...
Investment and Market Dominance (with Susan Athey), RAND Journal of Economics (2005)
This paper analyzes a model of oligopolistic competition with ongoing investment. Special cases include incremental...
Small Scale Entry vs. Acquisitions of Small Firms: Is Concentration Self-reinforcing? (with Zava Aydemir), SOI working papers, University of Zurich (forthcoming: Journal of Economic Behavior and Organisation) (2004)
We consider a reduced form model with acquisitions and entry. There are two investors and...
Innovation and Spillovers
Foreign Direct Investment and R&D offshoring (with Hans Gersbach), SOI Working Papers, University of Zurich (2006)
We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which...
Network Industries
Entry in liberalized railway markets: The German experience (with Rafael Lalive), SOI working papers, University of Zurich (forthcoming: Review of Network Economics) (2007)
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), SOI working papers, University of Zurich (forthcoming: International Journal of Industrial Organisation) (2007)
This paper studies the effects of introducing competition for local passenger railway markets in the...
The Interaction of Product and Labor Markets
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...
A Product-Market Theory of Industry-Specific Training (with Hans Gersbach), SOI Working Papers, University of Zurich (2006)
We develop a product market theory that explains why firms provide their workers with skills...