040186 VO Contracts, coordination, and incentives (MA) (2025W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften

service email address: opim.bda@univie.ac.at

Moodle

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

Language: English

Examination dates

Lecturers

Dmitriy Knyazev

Classes (iCal) - next class is marked with N

Wednesday 01.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 07.10. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 08.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 14.10. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 15.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 21.10. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 22.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 28.10. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 29.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 04.11. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 05.11. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday 19.11. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 20.11. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday 26.11. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 27.11. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

This course is a basic course for the module "Organization and Personnel I." The module establishes fundamental concepts in the analysis of organizational structures and personnel administration. It focuses on the economic perspective which is augmented by drawing on approaches from behavioral and social sciences. This particular class introduces into incentive setting to control the behavior of actors in the organization.

Human resources are key aspects to organizational success or failure. General managers are concerned with setting and implementing overall strategy. Achieving strategic objectives of the firm is only possible with an effective and efficient management of human resources. In this context, general managers have a leading role to set and implement the HR strategy. The implementation of the firm`s HR policies is best done with at least the participation of line managers in the field, rather than being left to HR specialists. Therefore we focus on the role of general (and other top-level) managers and on the wider spectrum of organizational implications in forming and implementing strategies. Related topics such as the operational details of personnel administration that concern HR specialists will be neglected. Emphasis will be put on the links between human resource practices of managers and strategic objectives of their firms. The first large part will be devoted to the informational problems arising within the companies, i.e., adverse selection and moral hazard. The second large part will be devoted to coordination problems within the company.

Assessment and permitted materials

The written exam is based on the material taught during the lectures and usually consists of 4-5 analytical problems.
The students are allowed to use a calculator and a A4 single sheet of paper (double-sided) with handwritten notes.

Minimum requirements and assessment criteria

In order to pass the course, the student is expected to receive 50/100 points in the exam.

Examination topics

The exam problems are based on the content discussed during the lectures.

Reading list

Paul Milgrom & John Roberts. Economics, Organization and Management.
James A. Brickley, Clifford W. Smith, Jerold L. Zimmerman. Managerial Economics and Organizational Architecture.

Association in the course directory

Last modified: Mo 24.11.2025 12:25