Klaus M Schmidt
Biographic Data
| ID | 3851674 |
|---|---|
| NAME | Klaus M Schmidt |
| GIVEN NAMES | Klaus M |
| FAMILY NAME | Schmidt |
| SIGNATURE | SCHMIDT K M |
| AFFILIATIONS | University of Salzburg, Erzabt-Klotz-Strasse 1/2.228, A-5020 Salzburg, Austria |
| VERIFIED | No |
| TOTAL WORKS | 13 |
| TOTAL CITATIONS | 27 |
| AUTHOR COUNT | 13 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1974 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 2 |
Oioi - Oioi - Iehieh!' Democracy in Crisis! Aeschylus' Persians for Contemporary Stages
This article attempts a reinterpretation of Aeschylus’ Persians as primarily a warning about the instability of democracy following a major military victory against an overpowering totalitarian enemy. It discusses the historical and our contemporary ideas of the democratic principles of government versus the constant tendency towards a strongman regime. I argue that the play’s underlying philosophy is based on the Heraclitan idea of constant flux…
How to Regulate Carbon Emissions with Climate-Conscious Consumers
Carbon prices are the most cost-effective instrument to reduce CO$_2$ emissions, but there is strong political opposition to raising them to the efficient level. Therefore, additional efforts of consumers, firms and local governments are required. We study how different regulatory regimes affect moral behaviour and show that a carbon tax complements voluntary efforts to reduce emissions, while cap and trade discourages them. The opportunity to in…
The Arrival: A Critical Reading ofThe Hard Way Out or The Man and the Satyr
Notes1. Heinz-Uwe Haus, “One Note and Three Poems for Sascha,” in Sascha Talmor, Living Novels: A Journey through Twentieth-Century Fiction (Washington, DC: New Academia Publishing, 2006), 239.2. Commodore Matthew Calbraith Perry (1794–1858) became known as the “father of the steam navy.” He served in several wars, including the American-English war of 1812. Commodore Oliver Hazard Perry (1785–1819) was the hero at the decisive battle at Lake Eri…
Discretion, Productivity, and Work Satisfaction
In Bartling, Fehr, and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers reciprocate high wages with high effort, and (iv) employers pay high wages leaving rents to their workers. In this paper we show experimentally that the productivity increase due to discretion is not only suffi…
In Germany Things Have Always Been Done Properly, Pursued to Their Utmost
The Poison Cup of Nostalgia
A Short History of Neglect
Fairness and the Optimal Allocation of Ownership Rights
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship‐specific investments and that subjects attain the most efficient ownership allocation despite starting from different initial conditions. However, in contrast to the property rights approach, the most efficient ownership structure is joint ownership. These…
Chapter 8 The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories
Lexikon Literaturverfilmungen
Das Lexikon schließt die Lücke, die seither zwischen der Lexikografie zum Film und den Nachschlagewerken zur Literatur bestand. Es bietet einen Gesamtüberblick über die Literaturverfilmungen in den de
Lexikon Literaturverfilmungen: Verzeichnis deutschsprachige Filme, 1945-2000
Managerial Incentives and Product Market Competition
Journal Article Managerial Incentives and Product Market Competition Get access Klaus M. Schmidt Klaus M. Schmidt University of Munich Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 64, Issue 2, April 1997, Pages 191–213, https://doi.org/10.2307/2971709 Published: 01 April 1997 Article history Received: 01 December 1994 Accepted: 01 August 1996 Published: 01 April 1997
The Gothic Dual Second Person -Ts
Managerial Incentives and Product Market Competition
Journal Article Managerial Incentives and Product Market Competition Get access Klaus M. Schmidt Klaus M. Schmidt University of Munich Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 64, Issue 2, April 1997, Pages 191–213, https://doi.org/10.2307/2971709 Published: 01 April 1997 Article history Received: 01 December 1994 Accepted: 01 August 1996 Published: 01 April 1997
How to Regulate Carbon Emissions with Climate-Conscious Consumers
Carbon prices are the most cost-effective instrument to reduce CO$_2$ emissions, but there is strong political opposition to raising them to the efficient level. Therefore, additional efforts of consumers, firms and local governments are required. We study how different regulatory regimes affect moral behaviour and show that a carbon tax complements voluntary efforts to reduce emissions, while cap and trade discourages them. The opportunity to in…
Fairness and the Optimal Allocation of Ownership Rights
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship‐specific investments and that subjects attain the most efficient ownership allocation despite starting from different initial conditions. However, in contrast to the property rights approach, the most efficient ownership structure is joint ownership. These…
The Gothic Dual Second Person -Ts
Managerial Incentives and Product Market Competition
Journal Article Managerial Incentives and Product Market Competition Get access Klaus M. Schmidt Klaus M. Schmidt University of Munich Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 64, Issue 2, April 1997, Pages 191–213, https://doi.org/10.2307/2971709 Published: 01 April 1997 Article history Received: 01 December 1994 Accepted: 01 August 1996 Published: 01 April 1997
Lexikon Literaturverfilmungen
Das Lexikon schließt die Lücke, die seither zwischen der Lexikografie zum Film und den Nachschlagewerken zur Literatur bestand. Es bietet einen Gesamtüberblick über die Literaturverfilmungen in den de
Lexikon Literaturverfilmungen: Verzeichnis deutschsprachige Filme, 1945-2000
Chapter 8 The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories
Fairness and the Optimal Allocation of Ownership Rights
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship‐specific investments and that subjects attain the most efficient ownership allocation despite starting from different initial conditions. However, in contrast to the property rights approach, the most efficient ownership structure is joint ownership. These…
A Short History of Neglect
The Poison Cup of Nostalgia
In Germany Things Have Always Been Done Properly, Pursued to Their Utmost
Discretion, Productivity, and Work Satisfaction
In Bartling, Fehr, and Schmidt (2012) we show theoretically and experimentally that it is optimal to grant discretion to workers if (i) discretion increases productivity, (ii) workers can be screened by past performance, (iii) some workers reciprocate high wages with high effort, and (iv) employers pay high wages leaving rents to their workers. In this paper we show experimentally that the productivity increase due to discretion is not only suffi…
The Arrival: A Critical Reading ofThe Hard Way Out or The Man and the Satyr
Notes1. Heinz-Uwe Haus, “One Note and Three Poems for Sascha,” in Sascha Talmor, Living Novels: A Journey through Twentieth-Century Fiction (Washington, DC: New Academia Publishing, 2006), 239.2. Commodore Matthew Calbraith Perry (1794–1858) became known as the “father of the steam navy.” He served in several wars, including the American-English war of 1812. Commodore Oliver Hazard Perry (1785–1819) was the hero at the decisive battle at Lake Eri…
How to Regulate Carbon Emissions with Climate-Conscious Consumers
Carbon prices are the most cost-effective instrument to reduce CO$_2$ emissions, but there is strong political opposition to raising them to the efficient level. Therefore, additional efforts of consumers, firms and local governments are required. We study how different regulatory regimes affect moral behaviour and show that a carbon tax complements voluntary efforts to reduce emissions, while cap and trade discourages them. The opportunity to in…
Oioi - Oioi - Iehieh!' Democracy in Crisis! Aeschylus' Persians for Contemporary Stages
This article attempts a reinterpretation of Aeschylus’ Persians as primarily a warning about the instability of democracy following a major military victory against an overpowering totalitarian enemy. It discusses the historical and our contemporary ideas of the democratic principles of government versus the constant tendency towards a strongman regime. I argue that the play’s underlying philosophy is based on the Heraclitan idea of constant flux…
Political science (6 works) · Art (4 works) · Economics (4 works) · Law (4 works) · Philosophy (4 works) · Politics (4 works) · Psychology (4 works) · Sociology (4 works) · Art history (3 works) · History (3 works)