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040388 KU Personnel Economics I (MA) (2017S)

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. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Thursday 02.03. 11:30 - 13:00 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 07.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 09.03. 11:30 - 13:00 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 14.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 16.03. 11:30 - 13:00 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 21.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 23.03. 11:30 - 13:00 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 28.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 30.03. 11:30 - 13:00 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 04.04. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 06.04. 11:30 - 13:00 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 25.04. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 27.04. 11:30 - 13:00 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday 02.05. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 04.05. 11:30 - 13:00 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß

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

Two open-book exams (midterm and final exam).

Minimum requirements and assessment criteria

Classroom participation is immanently relevant for examination („dieser Kurs ist
eine Lehrveranstaltung mit immanentem Prüfungscharakter“). 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. No
passing grade may be granted if the student misses more than 10% of the total
class time.

Examination topics

To study for the open-book exams it is necessary that students prepare all readings
and home-works provided by during the lecture.

Reading list


Association in the course directory

Last modified: Mo 07.09.2020 15:29