Course Description:

We start by reviewing agency theories of organisational economics (Incentive contracts, Relational contracts and Career Concerns). We then move to study within firm’s organisation. We start with a study of decision making in organisations (Team Formation Theories, Authority and Power etc.). We then proceed to a study of employment in organisations (Pay for Performance, Feedback and Communication etc.). Finally we will look at structures and processes in organizations (Models of hierarchy, Delegation etc.). Along with lecture notes, there is two recommended textbooks to
obtain an overview of the topic and there is further references for each section. The references are divided into four sections that roughly correspond to what I very optimistically hope to cover in the lectures.

Assessment:
In-class presentations: 20%
Take home Exam: 80%


Requirements:
Students are required to have in-class presentations of papers from the syllabus and to discuss papers presented in the class by others. A separate list of papers from which students can choose the papers will be uploaded. Students can also suggest papers for their presentation but I will have to approve it. The presentation will have 20% weight in the final assessment. There will be a take-home final exam worth 80% of your grade.


See full syllabus