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390032 DK PhD-M: Management Control (2017W)
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 08.09.2017 09:00 to Th 21.09.2017 12:00
- Deregistration possible until Sa 14.10.2017 23:59
Details
max. 15 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
FR wtl von 06.10.2017 bis 26.01.2018 11.30-13.00 Ort: Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 06.10. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 13.10. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 20.10. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 27.10. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 03.11. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 10.11. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 17.11. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 24.11. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 01.12. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 15.12. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 12.01. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 19.01. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 26.01. 11:30 - 13:00 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
Information
Aims, contents and method of the course
Assessment and permitted materials
added to calculate the final score. Score points for class room participation will also be added to calculate the final score.
A passing grade strictly requires to earn at least 50% of the total available score points in the course. Course attendance is obligatory; leaves will only be granted in case of a documented illness or the like -- a maximum of 10 % of class room time may be missed in this case.
A passing grade strictly requires to earn at least 50% of the total available score points in the course. Course attendance is obligatory; leaves will only be granted in case of a documented illness or the like -- a maximum of 10 % of class room time may be missed in this case.
Minimum requirements and assessment criteria
The course introduces contract theory as a methodological tool for analyzing personnel, organizational, financial and public economics problems. The ultimate course goal is twofold: a) generally, students achieve an understanding of contract theory as modelling tool within their fields of application; b) specifically, interested students learn the basic framework to develop their own contractual models and/or, respectively, empirical investigations of contract theoretical models.
Examination topics
Intensive (small) group lecturing; depending on size and time, student presentations of take-home work.
Reading list
The course is based on the following book:Salanie, B. (1997), The Economics of Contracts: A Primer, Cambridge, MA, and London, UK.For the successful completion of the take-home and final exams, the following books are additionally helpful:Bolton, P. und M. Dewatripont (2005), Contract Theory, Cambridge, MA, and London, UK.Laffont, Jean-Jacques and David Martimort (2202), The Theory of Incentives: the principal-agent model, Princeton, NJ, and Woodstock, UK.For the successful completion of the take-home and final exams, the following books are additionally required:Bolton, P. und M. Dewatripont (2005), Contract Theory, Cambridge, MA, and London, UK.
Laffont, Jean-Jacques and David Martimort (2202), The Theory of Incentives: the principal-agent model, Princeton, NJ, and Woodstock, UK.
Laffont, Jean-Jacques and David Martimort (2202), The Theory of Incentives: the principal-agent model, Princeton, NJ, and Woodstock, UK.
Association in the course directory
Last modified: Mo 07.09.2020 15:46
II. The general revelation principle
III. Moral hazard
IV. Adverse selection
V. Implicit contracts
VI. Imperfect enforcement
VII. The principal-agent structure as a negotiation problemPrerequisites: To enter the course, students must possess a qualifying degree ("Diplom" or masters degree) in business, economics or equivalent university studies. They must have very good command of intermediate micro-economics, preferably with emphasis on game-theoretic approaches, and the respective mathematics applied in microeconomic modelling.