Universität Wien

040388 KU Personnel Economics I (MA) (2024S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

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

max. 70 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Midterm - Friday 22.03.2024 09:45 - 11:15
Final - Friday 03.05.2024 09:45 - 11:15

  • Friday 01.03. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7 (Kickoff Class)
  • Friday 01.03. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 08.03. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 08.03. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 15.03. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 15.03. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 22.03. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 22.03. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 12.04. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 12.04. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 19.04. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 19.04. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 26.04. 09:45 - 11:15 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 26.04. 11:30 - 13:00 Hörsaal 7 Hauptgebäude, Hochparterre, Stiege 7
  • Friday 03.05. 09:45 - 11:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 31.05. 09:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock

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

Attendance:
Given the limited number of available places, it is strongly recommended to attend the first introductory meeting, otherwise vacant places will be fulfilled.

Other information:
Other relevant information regarding the detailed structure of the course, office hours, suggested readings will be provided in class.

Assessment and permitted materials

The assessment will be based on two written exams: Midterm and Final.
The grade will be given based on the total score which is a sum of the scores for the Midterm and the Final.
The students can use one handwritten double-sided A4 sheet with notes and a calculator during both exams.
The attendance is obligatory. However, a reasonable number of missing classes is allowed.

Minimum requirements and assessment criteria

The grade should be based on the following scale:
1: 80%-100%
2: 70%-79%
3: 60-69%
4: 50-59%
5: 0-49%

Examination topics

Both exams will be based on material studied at class. The Midterm covers material up to the Midterm date. The Final exam covers material after Midterm date.

Reading list

Moodle

Association in the course directory

Last modified: Mo 27.05.2024 12:45