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36548-01 - Lecture: Contract Theory (3 CP)
| Semester | spring semester 2022 |
| Course frequency | Every spring sem. |
| Lecturers | Cédric Wasser (c.wasser@unibas.ch, Assessor) |
| Content | Contract theory deals with the design of economic institutions that are aimed at solving incentive and information problems. The lecture provides an introduction to moral hazard models and to the theory of mechanism design. |
| Learning objectives | The students know important concepts and results of the theory of moral hazard and mechanism design, and they are prepared to independently study the vast literature in economics that makes use of these concepts. |
| Bibliography | Bolton, P. and Dewatripont, M. (2005) "Contract Theory", MIT Press. Börgers, T. (2015) "An Introduction to the Theory of Mechanism Design", Oxford University Press. Laffont, J.J. and Martimort, D. (2002) "The Theory of Incentives: the Principal-Agent Model", Princeton University Press. Mas-Colell, A., Whinston, M.D., and Green, J.R. (1995) "Microeconomic Theory", Oxford University Press. |
| Comments | The course will be taught in class, supplemented with recordings. |
| Weblink | Weblink |
| Admission requirements | The course is aimed at students who would like to deepen their knowledge of microeconomic theory and do not shy away from mathematical modelling. |
| Course application | 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! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| wöchentlich | Tuesday | 10.15-12.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Comments | The course will be taught in class, supplemented with recordings. |
Dates
| Modules |
Module: Field Electives in Economics and Public Policy (Master's Studies: Economics and Public Policy) Module: Specific Electives in Finance, Controlling, Banking (Master's Studies: Business and Economics) Module: Specific Electives in International Trade, Growth and the Environment (Master's Studies: Business and Economics) Module: Specific Electives in Labor Economics, Human Resources and Organization (Master's Studies: Business and Economics) Specialization Module: Finance, Controlling and Banking (Master's Studies: Business and Economics (Start of studies before 01.08.2021)) Specialization Module: Labor Economics, Human Resources and Organization (Master's Studies: Business and Economics (Start of studies before 01.08.2021)) |
| Assessment format | record of achievement |
| Assessment details | written exam: 09.06.22; 17:00-18:30; DSBG Sporthalle: A-Z. For this exam you will still receive additional information by email. You would have to be on site at least 20 minutes before the exam starts. The addresses of the examination rooms can be found here: https://wwz.unibas.ch/de/studium/pruefungen/vorlesungs-und-pruefungsraeume/ The exam is scheduled in presence. If entrance checks are necessary for the exam due to Covid protection measures, the start of the exam may still be delayed by up to 30 minutes. In case COVID-19 protective measures prevent examination on site, the faculty reserves the right to conduct the examination electronically during the same time slot. |
| Assessment registration/deregistration | Reg.: course registration, dereg: cancel course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |