Prof. Dr. Veronika Grimm

Chair of Economic Theory

Curriculum vitae

Veronika Grimm (born in 1971) has been Professor of Economic Theory at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) since 2008. She studied economics and sociology at the Universities of Hamburg and Kiel and received her PhD in economics from Humboldt University Berlin in 2002. After her PhD she was an assistant professor at University of Alicante and spent some time at CORE (Université Catholique de Louvain) and ULB (Brussels), before she joined University of Cologne, where she earned her habilitation in 2008.

Her research interests are in the fields of market design (economic engineering) , behavioral economics, industrial organization, and energy economics. She is the founding director of the Laboratory of Experimental Research in Nuremberg (LERN) and head of the division „Energy Market Design“ at Energie Campus Nürnberg (EnCN). Veronika Grimm is a fellow of CESifo and member of several scientific commitees and boards. She has published widely in prestigeous economics journals, such as the Journal of Economic Theory, the Economic Journal, Games and Economic Behavior, or the European Economic Review. Her research has been founded by the German Research Foundation, as well as other public and private institutions. She also regularly cooperates with public institutions or firms in joint projects.

In 2020 Professor Grimm has been appointed to Germany’s most important advisory committee for matters of economic policy, the council of five economic experts known as ‘die fünf Wirtschaftsweisen.

2021

Abraham M., Damelang A., Grimm V., Neeß C., Seebauer M.:
The role of reciprocity in the creation of reputation
In: European Sociological Review 37 (2021), p. 137-154
ISSN: 0266-7215
DOI: 10.1093/esr/jcaa038
Grimm V., Nowak D., Schewe L., Schmidt M., Schwartz A., Zöttl G.:
A Tractable Multi-Leader Multi-Follower Peak-Load-Pricing Model with Strategic Interaction
(2021)
(Working Paper)
Grimm V., Rückel B., Sölch C., Zöttl G.:
The Impact of Market Design on Transmission and Generation Investment in Electricity Markets
In: Energy Economics 93 (2021), Article No.: 104934
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2020.104934
(Working Paper)
Kleinert T., Grimm V., Schmidt M.:
Outer Approximation for Global Optimization of Mixed-Integer Quadratic Bilevel Problems
In: Mathematical Programming (2021)
ISSN: 1436-4646
DOI: 10.1007/s10107-020-01601-2

2020

Abele-Brehm A., Dreier H., Fuest C., Grimm V., Kräusslich HG., Krause G., Leonhard M., Lohse AW., Lohse MJ., Mansky T., Peichl A., Schmid RM., Wess G., Woopen C.:
Die Bekämpfung der Corona-Pandemie tragfähig gestalten. Empfehlungen für eine flexible, riskoadaptierte Strategie.
(2020)
URL: https://www.ifo.de/DocDL/Coronavirus-Pandemie-Strategie-Fuest-Lohse-etal-2020-04.pdf
(Gutachten)
Ambrosius M., Egerer J., Grimm V., van der Weijde AH.:
Risk aversion in multilevel electricity market models with different congestion pricing regimes
(2020)
URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3541599
(Working Paper)
Ambrosius M., Egerer J., Grimm V., van der Weijde AH.:
Uncertain bidding zone configurations: The role of expectations for transmission and generation capacity expansion
In: European Journal of Operational Research 285 (2020), p. 343 - 359
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2020.01.024
URL: https://www.sciencedirect.com/science/article/pii/S037722172030045X
Ambrosius M., Grimm V., Kleinert T., Liers F., Schmidt M., Zöttl G.:
Endogenous Price Zones and Investment Incentives in Electricity Markets: An Application of Multilevel Optimization with Graph Partitioning
In: Energy Economics (2020)
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2020.104879
URL: https://www.sciencedirect.com/science/article/pii/S014098832030219X?via=ihub
Auferoth F., Eskofier B., Gerber L., Grimm V., Richer R., Rohleder N.:
Tracking and Teamwork Performance
(2020)
(Working Paper)
Bichler M., Grimm V., Kretschmer S., Sutterer P.:
Market design for renewable energy auctions: An analysis of alternative auction formats
In: Energy Economics 92 (2020), Article No.: 104904
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2020.104904
URL: https://www.sciencedirect.com/science/article/pii/S0140988320302449?via=ihub
(Working Paper)
Egerer J., Grimm V., Kleinert T., Schmidt M., Zöttl G.:
The Impact of Neighboring Markets on Renewable Locations, Transmission Expansion, and Generation Investment
In: European Journal of Operational Research forthcoming (2020)
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2020.10.055
URL: https://www.sciencedirect.com/science/article/abs/pii/S0377221720309486
Feld LP., Grimm V., Schnitzer M., Truger A., Wieland V.:
"Konjunkturprognose 2020 und 2021" des Sachverständigenrat zur Begutachtung der Gesamtwirtschaftlichen Entwicklung
(2020)
URL: https://www.sachverstaendigenrat-wirtschaft.de/fileadmin/dateiablage/Konjunkturprognosen/2020/KJ2020_Gesamtausgabe.pdf
(Gutachten)
Fries J., Garnadt N., Grimm V., Nöh L.:
Europa in der Corona-Krise: Europäische Lieferketten müssen europäisch wiederbelebt werden
In: Wirtschaftsdienst 100 (2020), p. 410-415
ISSN: 0043-6275
DOI: 10.1007/s10273-020-2672-9
Grimm V., Grübel J., Rückel B., Sölch C., Zöttl G.:
Storage investment and network expansion in distribution networks: The impact of regulatory frameworks
In: Applied Energy 262 (2020)
ISSN: 0306-2619
DOI: 10.1016/j.apenergy.2019.114017
Grimm V., Kretschmer S., Mehl S.:
Green innovations: The organizational setup of pilot projects and its influence on consumer perceptions
In: Energy Policy 142 (2020), Article No.: 111474
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2020.111474
Grimm V., Martin A., Sölch C., Weibelzahl M., Zöttl G.:
Market-based Redispatch May Result in Inefficient Dispatch
(2020)
DOI: 10.2139/ssrn.3120403
URL: https://ssrn.com/abstract=3120403
(Working Paper)
Grimm V., Mengel F., Schmidt M.:
Extensions of the SEIR Model for the Analysis of Tailored Social Distancing and Tracing Approaches to Cope with COVID-19
(2020)
DOI: 10.1101/2020.04.24.20078113
(Working Paper)
Grimm V., Orlinskaya G., Schewe L., Schmidt M., Zöttl G.:
Optimal design of retailer-prosumer electricity tariffs using bilevel optimization
In: Omega-International Journal of Management Science (2020), Article No.: 102327
ISSN: 0305-0483
DOI: 10.1016/j.omega.2020.102327
Grimm V., Rau HA., Schächtele S.:
Gender differences in multi-employee gift exchange with self-reported contributions
In: PLoS ONE 15 (2020), p. e0238236-
ISSN: 1932-6203
DOI: 10.1371/journal.pone.0238236
Janeba E., Schmidt K., Grimm V., Bierbrauer F., Engel C., Hellwig M., Südekum J.:
"Öffentliche Infrastruktur in Deutschland: Probleme und Reformbedarf" - - Gutachten des Wissenschaftlichen Beirats beim Bundesministerium für Wirtschaft und Energie
(2020)
URL: https://www.bmwi.de/Redaktion/DE/Publikationen/Ministerium/Veroeffentlichung-Wissenschaftlicher-Beirat/gutachten-oeffentliche-infrastruktur-in-deutschland.pdf?__blob=publicationFile&v=12
(Gutachten)
Löschel A., Grimm V., Lenz B., Staiß F.:
"Klimaschutz vorantreiben, Wohlstand stärken – Kommentierung zentraler Handlungsfelder der deutschen Energiewende im europäischen Kontext" - Stellungnahme der Expertenkommission zum Monitoring-Prozess "Energie der Zukunft"
(2020)
URL: https://www.wiwi.uni-muenster.de/ceres/sites/ceres/files/downloads/news/kommentar2020.pdf
(Gutachten)
Runge P., Sölch C., Albert J., Wasserscheid P., Zöttl G., Grimm V.:
Economic comparison of electric fuels produced at excellent locations for renewable energies: A Scenario for 2035
(2020)
DOI: 10.2139/ssrn.3623514
URL: https://ssrn.com/abstract=3623514
(Working Paper)

2019

Abraham M., Niessen C., Schnabel C., Lorek K., Grimm V., Möslein K., Wrede M.:
Electronic monitoring at work: The role of attitudes, functions, and perceived control for the acceptance of tracking technologies.
In: Human Resource Management Journal 29 (2019), p. 657-675
ISSN: 0954-5395
DOI: 10.1111/1748-8583.12250
Ambrosius M., Grimm V., Rückel B., Sölch C., Zöttl G.:
Data Documentation for the German Electricity Market used for the calibration of the GATE Model - NDP 2025 (Version 2015)
(2019)
URL: https://ssrn.com/abstract=3365830
(Techreport)
Buschmann B., Grimm V., Rau H., Stephan G.:
On gender-specific behavior in collective bargaining
(2019)
(Working Paper)
Buschmann B., Grimm V., Stephan G.:
Unwilling or unwanted? Exploring the gender gap in leadership
(2019)
(Working Paper)
Büttner T., Erbe K., Grimm V.:
Tax Planning of Married Couples and Intra-Household Income Inequality
In: Journal of Public Economics 179 (2019)
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2019.104048
URL: https://www.finanzwissenschaft.rw.fau.de/files/2020/02/gender_bias_paper_17_July_2019_for_publication.pdf
Cagala T., Glogowsky U., Grimm V., Rincke J., Tuset Cueva A.:
Rent Extraction and Prosocial Behavior
In: Journal of Economic Behavior & Organization (2019), p. 709-723
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2019.08.008
Casal S., Grimm V., Schächtele S.:
Taxation with mobile high-income agents: Experimental evidence on tax compliance and equity perceptions
In: Games 10 (2019), Article No.: 42
ISSN: 2073-4336
DOI: 10.3390/g10040042
Castillo G., Choo L., Grimm V.:
Are Social Norms Universal?
(2019)
(Working Paper)
Choo L., Grimm V., Horváth G., Nitta K.:
Whistleblowing and diffusion of responsibility: An experiment
In: European Economic Review 119 (2019), p. 287-301
ISSN: 0014-2921
DOI: 10.1016/j.euroecorev.2019.07.010
Grimm V., Grübel J., Schewe L., Schmidt M., Zöttl G.:
Nonconvex Equilibrium Models for Gas Market Analysis: Failure of Standard Techniques and Alternative Modeling Approaches
In: European Journal of Operational Research 273 (2019), p. 1097-1108
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2018.09.016
URL: https://www.sciencedirect.com/science/article/abs/pii/S0377221718307768
Grimm V., Kleinert T., Liers F., Schmidt M., Zöttl G.:
Optimal price zones in electricity markets: a mixed-integer multilevel model and global solution approaches
In: Optimization Methods & Software 34 (2019), p. 406-436
ISSN: 1055-6788
DOI: 10.1080/10556788.2017.1401069
URL: https://www.tandfonline.com/doi/abs/10.1080/10556788.2017.1401069?journalCode=goms20
Grimm V., Orlinskaya G., Schewe L., Schmidt M., Zöttl G.:
Optimal Design of Retailer-Prosumer Electricity Tariffs Using Bilevel Optimization
(2019)
URL: http://www.optimization-online.org/DB_HTML/2019/07/7297.html
(Techreport)
Grimm V., Rau H., Schächtele S.:
Gender Differences in Multi-Employee Gift Exchange with Self-Reported Contribution
(2019)
(Working Paper)
Grimm V., Rückel B., Sölch C., Zöttl G.:
Regionally Differentiated Network Fees to Affect Incentives for Generation Investment
In: Energy 177 (2019), p. 487-502
ISSN: 0360-5442
DOI: 10.1016/j.energy.2019.04.035
(Working Paper)
Grimm V., Schewe L., Schmidt M., Zöttl G.:
A multilevel model of the European entry-exit gas market
In: Mathematical Methods of Operations Research 89 (2019), p. 223–255
ISSN: 1432-2994
DOI: 10.1007/s00186-018-0647-z
Grimm V., Schmidt K., Bierbrauer F., Breyer F., Ockenfels A., Sinn HW., Sievert O.:
"Energiepreise und effiziente Klimapolitik" - Gutachten des Wissenschaftlichen Beirats beim Bundesministerium für Wirtschaft und Energie
(2019)
URL: https://www.bmwi.de/Redaktion/DE/Publikationen/Ministerium/Veroeffentlichung-Wissenschaftlicher-Beirat/gutachten-energiepreise-effiziente-klimapolitik.pdf?__blob=publicationFile&v=10
(Gutachten)
Grimm V., Schmidt K., Bierbrauer F., Gersbach H.:
Brief des Wissenschaftlichen Beirats beim BMWi zur Nationalen Industriestrategie
(2019)
URL: https://www.bmwi.de/Redaktion/DE/Downloads/Wissenschaftlicher-Beirat/brief-nationale-industriestrategie.pdf?__blob=publicationFile&v=2
(Gutachten)
Grimm V., Woessmann L., Gathmann C., Gersbach H.:
Brief des Wissenschaftlichen Beirats beim BMWi zur Bildungsgerechtigkeit als Kernelement der Sozialen Marktwirtschaft
(2019)
URL: https://www.bmwi.de/Redaktion/DE/Downloads/Wissenschaftlicher-Beirat/brief-wissenschaftlicher-beirat-bildungsgerechtigkeit.pdf?__blob=publicationFile&v=10
(Gutachten)
Runge P., Sölch C., Albert J., Wasserscheid P., Zöttl G., Grimm V.:
Economic comparison of different electric fuels for energy scenarios in 2035
In: Applied Energy 233-234 (2019), p. 1078 - 1093
ISSN: 0306-2619
DOI: 10.1016/j.apenergy.2018.10.023

2018

Abraham M., Grimm V., Neeß C., Seebauer M.:
Reputation formation with competitive investors
(2018)
(Working Paper)
Ambrosius M., Grimm V., Sölch C., Zöttl G.:
Investment Incentives For Flexible Demand Options Under Different Market Designs
In: Energy Policy (2018), p. 372 - 389
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2018.01.059
Buschmann B., Gärtner D., Grimm V., Osiander C., Stephan G.:
Wann würden Frauen für Tarifkommissionen kandidieren? * Befunde aus einem faktoriellen Survey
In: Industrielle Beziehungen - Zeitschrift für Arbeit, Organisation und Management 3 (2018), p. 320-342
ISSN: 0943-2779
DOI: 10.3224/indbez.v25i3.03
Cagala T., Glogowsky U., Grimm V., Rincke J.:
Public Goods Provision with Rent-Extracting Administrators
In: Economic Journal (2018)
ISSN: 0013-0133
DOI: 10.1111/ecoj.12614
Grimm V., Kretschmer S., Mehl S.:
Home energy storage: A characterization of potential adopters in Germany
(2018)
DOI: 10.2139/ssrn.3122235
URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3122235
(Working Paper)
Grimm V., Mengel F.:
Experiments on Belief Formation in Networks
In: Journal of the European Economic Association (2018)
ISSN: 1542-4766
DOI: 10.1093/jeea/jvy038

2017

Abraham M., Grimm V.:
Reputation in Wirtschaftsbeziehungen: Empirische Befunde
In: Maurer, A. (ed.): Handbuch der Wirtschaftssoziologie, Wiesbaden: Springer VS, 2017, p. 257-274
DOI: 10.1007/978-3-531-19907-8_15
Abraham M., Grimm V., Lorek K., Möslein K., Niessen C., Schnabel C., Wrede M.:
To track or not to track? LASER Discussion Paper, No. 101, Erlangen-Nürnberg.
(2017)
URL: http://www.laser.uni-erlangen.de/papers/paper/297.pdf
(Working Paper)
Feicht R., Grimm V., Rau H., Stephan G.:
On the impact of quotas and decision rules in collective bargaining
In: European Economic Review (2017), p. 175-192
ISSN: 0014-2921
DOI: 10.1016/j.euroecorev.2017.08.004
German R., Götz K., Grimm V., Kufner A., Leepa C., Luther M., Mehl S., Sigert I., Steber D., Veerashekar K.:
Virtueller Großspeicher zur Erbringung von Primärregelleistung – Pilotprojekt SWARM
OTTI-Konferenz „Zukünftige Stromnetze für Erneuerbare Energien“ (Berlin, 31. January 2017 - 1. February 2017)
Grimm V., Ambrosius M., Rückel B., Sölch C., Zöttl G.:
Modellierung von liberalisierten Strommärkten – Herausforderungen und Lösungen
In: Perspektiven der Wirtschaftspolitik 18 (2017), p. 2 - 31
ISSN: 1465-6493
DOI: 10.1515/pwp-2017-0001
Grimm V., Schewe L., Schmidt M., Zöttl G.:
Uniqueness of market equilibrium on a network: A peak-load pricing approach
In: European Journal of Operational Research 261 (2017), p. 971 - 983
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2017.03.036
URL: http://www.optimization-online.org/DB_HTML/2015/08/5072.html
Grimm V., Utikal V., Valmasoni L.:
In-group favoritism and discrimination among multiple out-groups
In: Journal of Economic Behavior & Organization (2017), p. 254-271
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2017.08.015
Grimm V., Zöttl G., Sölch C.:
Regionalkomponenten bei der EE-Vergütung. Gutachten im Auftrag der Monopolkommission in Vorbereitung des 77. Sondergutachtens "Energie 2017" der Monopolkommission
(2017)
URL: http://www.wirtschaftstheorie.wiso.uni-erlangen.de/wp-content/uploads/2017/10/20170810_Studie_RegionalkomponentenEE_mitAnhang.pdf
(Gutachten)

2016

Abraham M., Grimm V., Neeß C., Seebauer M.:
Reputation formation in economic transactions
In: Journal of Economic Behavior & Organization 121 (2016), p. 1-14
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2015.10.010
Ambrosius M., Grimm V., Sölch C., Zöttl G.:
Investment incentives for flexible energy consumption in the industry
13th International Conference on the European Energy Market (EEM) (Porto, 6. June 2016 - 9. June 2016)
In: IEEE (ed.): 2016 13th International Conference on the European Energy Market (EEM) 2016
DOI: 10.1109/EEM.2016.7521234
Büttner T., Grimm V.:
Taxation, social norms, and compliance: Research questions and results
In: Journal of Economic Behavior & Organization 124 (2016), p. 1-6
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2016.02.004
Choo L., Grimm V., Horvath G., Nitta K.:
Remuneration Structure and Whistleblowing Behaviour: An Experimental Investigation
(2016)
(Working Paper)
Dieckmann A., Grimm V., Unfried M., Utikal V., Valmasoni L.:
On trust in honesty and volunteering among Europeans: Cross-country evidence on perceptions and behavior
In: European Economic Review (2016)
ISSN: 0014-2921
DOI: 10.1016/j.euroecorev.2016.01.011
Drichoutis A., Grimm V., Karakostas A., Zhurakhovska L.:
Queue Jumping
(2016)
(Working Paper)
Feicht R., Grimm V., Seebauer M.:
An experimental study of corporate social responsibility through charitable giving in Bertrand markets
In: Journal of Economic Behavior & Organization 124 (2016), p. 88-101
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2015.11.005
Fratzscher M., Articus S., Bsirske F., Feiger R., Feld LP., Fitschen J., Grimm V., Hoffmann R., Jung H., Kerber M., Lemb W., Lersch-Mense FJ., Loewenstein HH., Mayer T., Oletzky T., Russwurm S., Schnitzer M., Schröder U., Schwager H., Schweitzer E., Vassiliadis M., Böger TR., Nauschnigg F., Posselt T., Bender A., Eckart W., Eide S., Homann D., Lieber A., Schuknecht L., Alm B., L'Hoest R., Meurers M., Neuhäußer U., Steinberg P., Weins S., Zettelmeyer J., Gornig M., Michelsen C., Pagel B., Schiersch A.:
"Stärkung von Investitionen in Deutschland" - Stellungnahme der Expertenkommission im Auftrag des Bundesministers für Wirtschaft und Energie, Berlin.
(2016)
(Gutachten)
Grimm V., Grübel J., Martin S., Zöttl G.:
Distribution network modeling in electricity market environment
(2016)
(Working Paper)
Grimm V., Lang J., Stephan G.:
Tarifverträge und die Lohnlücke zwischen Männern und Frauen Empirische Evidenz aus Zerlegungsanalysen
In: Industrielle Beziehungen - Zeitschrift für Arbeit, Organisation und Management 23 (2016), p. 309-333
ISSN: 0943-2779
URL: https://www.jstor.org/stable/24889863
Grimm V., Martin A., Schmidt M., Weibelzahl M., Zöttl G.:
Transmission and generation investment in electricity markets: The effect of market splitting and network fee regimes
In: European Journal of Operational Research 254 (2016), p. 493-509
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2016.03.044
URL: http://www.optimization-online.org/DB_HTML/2015/03/4803.html
Grimm V., Martin A., Weibelzahl M., Zöttl G.:
On the long run effects of market splitting: Why more price zones might decrease welfare
In: Energy Policy 94 (2016), p. 453-467
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2015.11.010
Grimm V., Rückel B., Sölch C., Zöttl G.:
Zur Reduktion des Netzausbaubedarfs durch Redispatch und effizientes Engpassmanagement: Eine modellbasierte Abschätzung
In: List Forum für Wirtschafts- und Finanzpolitik 41 (2016), p. 465-498
ISSN: 0937-0862
DOI: 10.1007/s41025-016-0027-5
Grimm V., Zöttl G., Ambrosius M., Rückel B., Sölch C.:
Dezentralität und zellulare Optimierung - Auswirkungen auf den Netzausbaubedarf. (Gutachten im Auftrag der N-Ergie AG, gemeinsam mit der Prognos AG)
(2016)
URL: https://www.fau.de/files/2016/10/Energiestudie_Studie.pdf
(Gutachten)
Leepa C., Kufner A., Mehl S., Steber D., Veerashekar K., Sigert I., Götz K., German R., Grimm V., Luther M.:
SWARM – Successful Provision of Frequency Containment Reserve with Distibuted Energy Storage Systems
Internation Renewable Energy Storage Conference (IRES) 2016 (Düsseldorf, 15. March 2016 - 17. March 2016)
In: EUROSOLAR and the World Council for Renewable Energy (WCRE) (ed.): Conference Presentations and Materials of the "10th International Renewable Energy Storage Conference" (IRES 2016), Düsseldorf/Germany, 15-17 March 2015 2016

stellvertretende Sprecherin des Fachbereichs Wirtschafts- und Sozialwissenschaften

Phone number: +49 911 5302-224
Email: veronika.grimm@fau.de

Prof. Dr. Veronika Grimm

Chair of Economic Theory

Curriculum vitae

Recent publications

2021

2020

2019

2018

2017

2016

Prof. Dr. Veronika Grimm