Klaus M. Schmidt

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For other people named Klaus Schmidt, see Klaus Schmidt.

Klaus M. Schmidt (born 16 June 1961)

behavioural economics, game theory and contract theory.[3] In 2001, Schmidt was awarded the Gossen Prize in recognition for his contributions to economic research on game theory, contract theory, and the economics of fairness.[4] He is a member of the council for the Lindau Nobel Laureate Meetings.[5]

Biography

Klaus Schmidt has studied at the

University of Munich. He has held visiting appointments at Harvard University, University of California, Berkeley, MIT, Stanford University and Yale University.[6]

Research

The research interests of Klaus Schmidt include

IDEAS/RePEc, Schmidt belongs to the top 1% of economists as ranked by research output.[8]

Selected publications

  • Fehr, E., Schmidt, K.M. (1999). A theory of fairness, competition, and cooperation. Quarterly Journal of Economics, 114(3), pp. 817–868.
  • Schmidt, K.M. (1997). Managerial incentives and product market competition. Review of Economic Studies, 64(2), pp. 191–213.
  • Fehr, E., Schmidt, K.M. (2006). The economics of fairness, reciprocity and altruism - Experimental evidence and new theories. In: Kolm, S.-C., Mercier Ythier, J. (eds.). Handbook of the Economics of Giving, Altruism, and Reciprocity, pp. 615–691.
  • Schmidt, K.M. (2003). Convertible securities and venture capital finance. Journal of Finance, 58(3), pp. 1139–1166.
  • Fehr, E., Klein, A., Schmidt, K.M. (2007). Fairness and contract design. Econometrica, 75(1), pp. 121–154.
  • Schmidt, K.M. (1996). The costs and benefits of privatization: an incomplete contracts approach. Journal of Law, Economics, and Organization, 12(1), pp. 1–24.
  • Nöldeke, G., Schmidt, K.M. (1995). Option contracts and renegotiation: A solution to the hold-up problem. RAND Journal of Economics, 26(2), pp. 164–179.

Books

  • Schmidt, Klaus M. (1994), Contracts, Competition, and the Theory of Reputation, Habilitation

thesis, submitted to the Faculty of Law and Economics at the University of Bonn, October 1994

  • Schmidt, Klaus M. (1991), Commitment in Games with Asymmetric Information, Ph.D.

dissertation, submitted to the Faculty of Law and Economics at the University of Bonn, July 1991.

References

  1. ^ Curriculum vitae of Klaus M. Schmidt on the website of the LMU. Retrieved May 3rd, 2018.
  2. ^ Profile of Klaus M. Schmidt on the website of the University of Munich. Retrieved May 3rd, 2018.
  3. ^ Google Scholar profile of Klaus M. Schmidt. Retrieved May 3, 2018.
  4. ^ List of Gossen Prize winners. Retrieved May 3, 2018.
  5. ^ "About". The Lindau Nobel Laureate Meetings. Retrieved 2018-09-17.
  6. ^ Curriculum vitae of Klaus M. Schmidt from the website of the LMU. Retrieved May 3, 2018.
  7. ^ Profile of Klaus M. Schmidt on the website of the LMU. Retrieved May 3rd, 2018.
  8. ^ Ranking of economists registered on IDEAS/RePEc. Retrieved May 3, 2018.

External links

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