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| code: | A7161 | studiebelasting: | 9 sp | periode: | sem. 2 | ||
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| naam: | Weco. Personnel economics & incentives in organisaties | ||||||
| internet: | homepage, rooster | ||||||
| opleiding/fase: | econ/d23/profiel | ||||||
| voertaal: | English | ||||||
| docent(en): | drs. J.P.E.F. Boselie, dr. P.A. Gautier, prof.dr. C.N. Teulings | ||||||
| contactpersoon: | mw. W.J.M. Driessen | ||||||
| secretariaat: | TI | ||||||
| aanmelding: | bij Studenten Informatiecentrum, vóór 1 december | ||||||
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| aanbevolen: |
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| onderwijsvorm: | werkcollege; there will be 11 weekly meetings (January-May 2001). Each week, students have to work in groups on problem sets. Furthermore, one student has to prepare a presentation on the chapter of Lazear of that week. During the meeting there will be discussion on both the presentation and the problem sets. On a number of topics, teachers will give a lecture. | ||||||
| tentamenvorm: | the evaluation of the course will be based on the presentation and participation in the discussion during the weekly meetings, the contributions to the work on the weekly problem sets, peer evaluation within the teams, and a final paper of about 10 pages. | ||||||
| tentamenperiode: | n.v.t. | ||||||
| tentameneisen: | - | ||||||
| tentamenstof: | - | ||||||
Students will have an understanding of the pro's and con's of all sorts of incentive mechanisms in firms. Topics to be discussed are: fixed or variable pay, internal or external promotions, hiring and selection of workers, internal and external training, compensation by profit sharing and bonus schemes, the organization of themes, the delegation and the distribution of authority, and the design of jobs and tasks. Students will be trained in presenting their work and in discussing the contribution of others. Furthermore, students have to work in rotating teams on cases directly related to the material in the book.
The course provides an overview of the new theories of the economics of personnel, organization design, and incentives in firms, which now have a prominent place at curricula of leading business schools in the United States. The course is based on the handbook by Prof. Edward Lazear from Stanford Business School and some recent papers from top journals. Compared to the usual approach, the emphasis is less on institutional details and "chatty" literature and more on the analysis of principles and mechanisms that apply more generally. There is an extensive discussion of empirical relevance of the theories.
Lazear, E.P. (1998), Personnel economics for managers. John Wiley & Sons, Inc., New York
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