040688 FK KFK ORPE/PÖ: Advanced Personnel Economics (2013W)
Continuous assessment of course work
Labels
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).
- Registration is open from Fr 06.09.2013 09:00 to Fr 20.09.2013 14:00
- Registration is open from We 25.09.2013 09:00 to Sa 09.11.2013 12:00
- Deregistration possible until Sa 09.11.2013 12:00
Details
max. 60 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
- Tuesday 05.11. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Friday 08.11. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Tuesday 12.11. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Friday 15.11. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Tuesday 19.11. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Tuesday 26.11. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Friday 29.11. 14:00 - 16:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
- Tuesday 03.12. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Friday 06.12. 14:00 - 16:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
- Tuesday 10.12. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
- Friday 13.12. 14:00 - 16:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 13.12. 16:00 - 18:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
- Tuesday 17.12. 14:00 - 16:00 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Information
Aims, contents and method of the course
Assessment and permitted materials
Classroom participation is immanently relevant for examination ("dieser Kurs ist eine Lehrveranstaltung mit immanentem Prüfungscharakter"). Every topic will be additionally covered by asking students´ to work on take-home problems. These will be available via the net and are relevant for the exams in addition to the material provided as lectures. Exams will be open-book. To pass the course, students must collect at least half of the total points of the combined two exams, the midterm and the final exam.
Make-up exams are only available for students on sick leave (documented by immediately handing in a doctor s sickness note at the chair s office) or leaves supported by formal decision of the university, the faculty, and/or the institute. A passing grade may not be granted if the student misses more than 10% of the total class time.
Make-up exams are only available for students on sick leave (documented by immediately handing in a doctor s sickness note at the chair s office) or leaves supported by formal decision of the university, the faculty, and/or the institute. A passing grade may not be granted if the student misses more than 10% of the total class time.
Minimum requirements and assessment criteria
Examination topics
Reading list
Association in the course directory
Last modified: Mo 07.09.2020 15:29
1. Imperfect labor markets and labor market institutions(a) Is there equal treatment? The stylized facts of the Austrian labor market
(b) Wage compression
(c) Shortening the hours of workLiterature: Garibaldi, Pietro: Personnel Economics in Imperfect Labor Markets, New York, N.Y.:Oxford University Press, 2006, Chapters 1, 2, 3.2. Salary vs. incentive pay(a) The two basic functions of incentive pay: effort incentives and ability selection
(b) Effort incentives: a simple model
(c) Ability selection: a simple model
(d) Piece-rates vs. bonus
(e) Paying for input supply or output successLiterature: Lazear, Edward P.: Personnel Economics for Managers, New York, etc.:
John Wiley, 1998, Chapters 3 - 5, p. 45 - 131.; Garibaldo, Pietro, op. cit., Chapters 6 and 7.3. Relative performance measurement and tournaments
(a) Why relative performance measurement?
(b) Direct incentive pay vs. promotion ladder with risk-neutral agent
(c) A note on the effect of risk aversion
(d) Dynamic incentives
Lazear, Edward P., op. cit., Chapter 9, p. 223 - 258; Garibaldi, Pietro, op. cit., Chapter 8.4. Is cash all that counts? Alternative means of pay
(a) Lifetime employment contracts and pension incentives
(b) Team incentives and management compensation
(c) Fringe benefitsLazear, Edward P.: Personnel Economics for Managers, New York, etc.: John Wiley, 1998, Chapters 8, 16, and 17.