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62651-01 - Vorlesung: Theory of the Firm 3 KP

Semester Herbstsemester 2022
Angebotsmuster Jedes Herbstsemester
Dozierende Catherine Roux (catherine.roux@unibas.ch, BeurteilerIn)
Inhalt • Markets and Prices as Coordination and Incentive Devices
• Transaction Costs
• Property Rights Approach
• Team Production
• Asymmetric Information
• Incentive Contracts
• Efficiency Wages
Lernziele Why do firms exist? Why are firms organized the way they are? Traditional economic models leave little room for firms or other organizations as they focus on market exchange between individuals.
This course will introduce students to microeconomic models that try to explain the existence and structure of firms as we observe them in the real world. Economics brings a rigorous approach that is grounded in theory. The course will provide a basic understanding of economic approaches to modeling and understanding aspects of firms, their structure, the behavior they create, and how they differ from market interaction.
About half of the course will be based on the standard textbook by Milgrom and Roberts, the other half will consist of influential articles on the economics of organizations, by authors such as Coase, Williamson, Hart, and Tirole.
Literatur The readings will consist of both scholarly research articles and chapters from the textbook, Economics, Organization and Management, by Paul Milgrom and John Roberts (1992, Prentice Hall). Both kinds of readings will be made available online.


Teilnahmebedingungen Completed Bachelor in Business and Economics.
No more ECTS may be earned with this lecture if the course 40106 Game Theory and Theory of the Firm
has already been successfully completed.
Anmeldung zur Lehrveranstaltung Registration: Please enrol in the Online Services before the course starts. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. In order to get access to ADAM in time, it is best to enrol before the course starts though.
Enrolment = Registration for the exam!
Unterrichtssprache Englisch
Einsatz digitaler Medien kein spezifischer Einsatz


Intervall wöchentlich
Datum 23.09.2022 – 09.12.2022
Zeit Freitag, 12.15-14.00 Wirtschaftswissenschaftliche Fakultät, Auditorium
Datum Zeit Raum
Freitag 23.09.2022 12.15-14.00 Uhr Kollegienhaus, Hörsaal 102
Freitag 30.09.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 07.10.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 14.10.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 21.10.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 28.10.2022 12.15-14.00 Uhr Videos, --
Freitag 04.11.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 11.11.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 18.11.2022 12.30-14.00 Uhr Wirtschaftswissenschaftliche Fakultät, Auditorium
Freitag 25.11.2022 12.15-14.00 Uhr Dies Academicus
Freitag 02.12.2022 12.15-14.00 Uhr Videos, --
Freitag 09.12.2022 12.15-14.00 Uhr Videos, --
Module Grundlagenmodul: Advanced Topics in Economics (Masterstudium: International and Monetary Economics)
Kernmodul: BWL (Masterstudium: Wirtschaftswissenschaften (Studienbeginn vor 01.08.2021))
Modul: Fundamentals in Business and Economics (Masterstudium: Wirtschaftswissenschaften)
Modul: Fundamentals in Business and Technology (Masterstudium: Business and Technology)
Modul: Fundamentals in Economics (Masterstudium: Economics and Public Policy)
Modul: Kernbereich Wirtschaftswissenschaften (Masterstudium: Sustainable Development)
Leistungsüberprüfung Examen
Hinweise zur Leistungsüberprüfung written exam: 11.01.23; 14:30-16:00. Bernoullianum: A-M; HS 102: N-S; WWZ Auditorium: T-Z.

The repeat exam will be held on 10.02.23; 12:30-14:00. You will receive the rooms for the repeat exam by mail.

An-/Abmeldung zur Leistungsüberprüfung Anm.: Belegen Lehrveranstaltung; Abm.: stornieren
Wiederholungsprüfung eine Wiederholung, bester Versuch zählt
Skala 1-6 0,1
Wiederholtes Belegen einmal wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Wirtschaftswissenschaftliche Fakultät / WWZ