Patrick W. Schmitz

Dr. Patrick W. Schmitz is a Professor at the University of Cologne and a CEPR Research Fellow, actively contributing to economic theory through rigorous publication output.

His core research domains include:

• Organizational Economics
• Contract Theory
• Public Economics
• Property Rights Theory
• Transaction Cost Economics
• Law and Economics

His work systematically examines how asymmetric information, relationship-specific investments, and contractual incompleteness shape institutional design in both public and private sectors.

Analysis of his 2022-2024 publications reveals a concentrated focus on theoretical contract modeling applied to government ownership, public procurement, and academic incentive structures. The research consistently bridges microeconomic theory with practical policy implications, particularly in public goods provision and institutional scope determination. Methodologically dominated by game-theoretic approaches, these studies emphasize incentive compatibility under informational asymmetries and have significant ramifications for regulatory frameworks and organizational architecture.