32932-01 - Vorlesung: Economics of Financial Accounting 3 KP (ABGESAGT)

Semester Frühjahrsemester 2021
Angebotsmuster Jedes Frühjahrsem.
Dozierende Ulf Schiller (ulf.schiller@unibas.ch, BeurteilerIn)
Inhalt The course aims to lead interested master students towards modern research questions in the field of the Economics of Accounting. We will introduce selected contemporary research topics in the field by discussing a number of important research papers. Students will get the task to solve related analytical problems. A background in game theory is needed. Mathematical knowledge should include calculus, especially differentiation and integration.
Part I: Relevant Cost Information

Week 1. Arrow 1964
Week 2. Rogerson, 1997
Week 3. Rogerson 2008 / 2011
Week 4. Reichelstein & Rohlfing-Bastian 2015
Week 5. Reichelstein & Sahoo 2018

Part II:

Student presentations (details to be organized in week 1).
Literatur Tentative reading list

Arrow 1964: Optimal Capital Policy, The Cost of Capital, and Myopic Decision Rules, Annals of the Institute of Statistical Mathematics, Nos. 1 and 2, pp. 21-30
Rogerson, 1997: Intertemporal Cost Allocation and Managerial Investment Incentives: A Theory Explaining the Use of Economic Value Added as a Performance Measure, Journal of Political Economy
Rogerson 2008: Intertemporal Cost Allocation and Investment Decisions, Journal of Political Economy
Rogerson 2011: On the Relationship Between Historic Cost, Forward Looking Cost and Long Run Marginal Cost, Review of Network Economics
Reichelstein & Rohlfing-Bastian 2015: Levelized Product Cost: Concept and Decision Relevance, The Accounting Review
Reichelstein & Sahoo 2018: Relating Product Prices to Long-Run Marginal Cost: Evidence from Solar Photovoltaic Modules, Contemporary Accounting Research
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Teilnahmebedingungen Prerequisites: completed Bachelor in Business and Economics

The course level is advanced. Students are expected to take the course by the end of their Master studies, i.e., after having acquired a methodological background. This background comprises all four “Kernfach” lectures at the University of Basel. In particular a strong background in game theory, decision theory, and mathematical knowledge regarding calculus, especially differentiation and integration is required.

While I do not require successful participation at the above courses formally, I urgently ask you to judge yourself in a self-responsible manner before signing up for the course.
Anmeldung zur Lehrveranstaltung Registration: Please enrol in MOnA. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam!
Unterrichtssprache Englisch
Einsatz digitaler Medien Online-Veranstaltung


Intervall wöchentlich
Datum 05.03.2021 – 04.06.2021

The course will be taught online at the dates you can see below:

Keine Einzeltermine verfügbar, bitte informieren Sie sich direkt bei den Dozierenden.

Module Vertiefungsmodul: Finance, Controlling and Banking (Masterstudium: Wirtschaftswissenschaften)
Leistungsüberprüfung Semesterendprüfung
Hinweise zur Leistungsüberprüfung Examination: There will be no formal exam. Students will be required to find sequel papers to those presented in the first part of the course and present the content of these papers in part II of the course.

Grades will be based on the quality of the presentation and the general level of partipation in class.
An-/Abmeldung zur Leistungsüberprüfung Belegen via MOnA innerhalb der Belegfrist
Wiederholungsprüfung keine Wiederholungsprüfung
Skala 1-6 0,1
Wiederholtes Belegen beliebig wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Wirtschaftswissenschaftliche Fakultät / WWZ