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.

Kleinert T., Grimm V., Schmidt M.:
Outer Approximation for Global Optimization of Mixed-Integer Quadratic Bilevel Problems
(2020)
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
(2020)
URL: http://www.optimization-online.org/DB_HTML/2018/10/6868.html
(Techreport)
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
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)
URL: http://www.wirtschaftstheorie.wiso.uni-erlangen.de/wp-content/uploads/2020/06/Runge-et-al.-2020.-Economic-comparison-of-electric-fuels-produced-at-excellent-locations-for-renewable-energies-A-Scenario-for-2035.pdf
(Working Paper)
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., 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
(Working Paper)
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)
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)
Auferoth F., Eskofier B., Gerber L., Grimm V., Richer R., Rohleder N.:
Tracking and Teamwork Performance
(2020)
(Working Paper)
Kleinert T., Schmidt M., Grimm V., Böttger T.:
The Cost of Decoupling Trade and Transport in the European Entry-Exit Gas Market
(2020)
URL: http://www.optimization-online.org/DB_HTML/2020/06/7851.html
Egerer J., Grimm V., Kleinert T., Schmidt M., Zöttl G.:
The Impact of Neighboring Markets on Renewable Locations, Transmission Expansion, and Generation Investment
(2019)
URL: http://www.optimization-online.org/DB_HTML/2019/12/7508.html
(Working Paper)
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
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., 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)
Ambrosius M., Egerer J., Grimm V., van der Weijde AH.:
The role of expectations for market design – on structural regulatory uncertainty in electricity markets
In: University of Cambridge (ed.): Cambridge Working Paper in Economics, 2019, Article No.: 1915
Open Access: https://www.eprg.group.cam.ac.uk/wp-content/uploads/2019/05/1915-Text.pdf
URL: https://www.eprg.group.cam.ac.uk/wp-content/uploads/2019/05/1915-Text.pdf
(Working Paper)
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)
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
Abraham M., Damelang A., Grimm V., Neeß C., Seebauer M.:
The role of reciprocity in the creation of reputation
(2019)
(Working Paper)
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
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
Bichler M., Grimm V., Kretschmer S., Sutterer P.:
Market Design for Renewable Energy Auctions: An Analysis of Alternative Auction Formats
(2019)
DOI: 10.2139/ssrn.3417550
URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3417550
(Working Paper)
Buschmann B., Grimm V., Rau H., Stephan G.:
On gender-specific behavior in collective bargaining
(2019)
(Working Paper)
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., 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., 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
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
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)
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
Buschmann B., Grimm V., Stephan G.:
Unwilling or unwanted? Exploring the gender gap in leadership
(2019)
(Working Paper)
Grimm V., Rau H., Schächtele S.:
Gender Differences in Multi-Employee Gift Exchange with Self-Reported Contribution
(2019)
(Working Paper)
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)
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
Grimm V., Rückel B., Sölch C., Zöttl G.:
The Impact of Market Design on Transmission and Generation Investment in Electricity Markets
(2018)
DOI: 10.2139/ssrn.3235262
URL: https://ssrn.com/abstract=3235262
(Working Paper)
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
Grimm V., Martin A., Sölch C., Weibelzahl M., Zöttl G.:
Market-based Redispatch May Result in Inefficient Dispatch
(2018)
DOI: 10.2139/ssrn.3120403
URL: https://ssrn.com/abstract=3120403
(Working Paper)
Grimm V., Kretschmer S., Mehl S.:
Green Innovations: Evidence from a Field Study on Domestic Electricity Storage
(2018)
DOI: 10.2139/ssrn.3122235
URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3122235
(Working Paper)
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
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
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
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., 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., 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
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)
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)
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
Grimm V., Casal S., Schächtele S.:
Tax compliance with mobile high-income agents. An experiment on acceptance of regressive tax rates.
(2017)
(Working Paper)
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)
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
Grimm V., Grübel J., Martin S., Zöttl G.:
Distribution network modeling in electricity market environment
(2016)
(Working Paper)
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)
Drichoutis A., Grimm V., Karakostas A., Zhurakhovska L.:
Queue Jumping
(2016)
(Working Paper)
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
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
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
Choo L., Grimm V., Horvath G., Nitta K.:
Remuneration Structure and Whistleblowing Behaviour: An Experimental Investigation
(2016)
(Working Paper)
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
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)
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
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
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
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
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
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

Speaker of the School and Dean of the Faculty

Phone number: +49 911 5302-650
Email: veronika.grimm@fau.de

Prof. Dr. Veronika Grimm

Chair of Economic Theory

Curriculum vitae

Recent publications

Prof. Dr. Veronika Grimm