Universität Wien
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040388 FK IM/KFK ORPE: Personnel Economics (2014S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 60 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 01.04. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 04.04. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 08.04. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 11.04. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 29.04. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 02.05. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 06.05. 16:00 - 18:00 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Friday 09.05. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 13.05. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 16.05. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 20.05. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 23.05. 14:00 - 16:00 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 27.05. 16:00 - 18:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Topics of this course include:

I. Introduction

(a) Effective vs. efficient contracting: the Salomon Brothers case

(b) Reasons for contractual incompleteness

(c) Some basic terms to describe compensation systems

II. Selection and Recruitment

(a) Setting the Base Wage

(b) Private Information and Pre-Contractual Opportunism

(c) Foundations of Adverse Selection Problems

(d) Signaling and Segmented Labor Markets

(e) Screening for Recruitment

(f) Human Capital Investments as Bonding Devices

III. Setting Incentives

(a) Forms of Incentive Pay

(b) The Basics of Effective Incentives

(c) The Trade-off in Explicit Performance Pay Contracts

(d) The LEN-Model: Developing the “Rules of Thumb” of Incentive Setting

Assessment and permitted materials

Midterm 6. Mai 2014
Endterm: 27. Mai 2014

Minimum requirements and assessment criteria

Examination topics

Reading list


Association in the course directory

Last modified: Mo 07.09.2020 15:29