This course is aimed at Bachelor and Master students who are interested in the economic analysis of personnel issues. Topics, such as recruitment (signaling, screening), investment in human capital, turnover, job design, payment schemes or career-based incentives will be discussed using basic economic models. Exercises will help to illustrate basic principles.
About the Course
Attendance and Grading
Your attendance will not be documented but highly appreciated. Grading is based on the exam.
Edward P. Lazear and Michael Gibbs, "Personnel Economics in Practice", John Wiley & Sons, 2nd Edition, 2009.
Further reading: Paul Milgrom and John Roberts, "Economics, Organization and Management", Prentice-Hall International, 1992.
Dates and Material
Dates, Slides and Further Material
Tuesday, 15:30 - 17:00, BA9910
|October 9, 2018||Overview |
OECD Emp 2012, Ch3
|October 16, 2018||Hiring standards (Chapter 1)|
|October 23, 2018||Screening & signaling (Chapter 2) |
OECD Emp 2013, Ch2, OECD Emp 2014, Ch4
|October 30, 2018|
|November 6, 2018||Managing turnover (Chapter 4)|
|November 13, 2018||Decision making (Chapter 5)|
|November 20, 2018||Job design (Chapters 7 & 8)|
|November 27, 2018||Performance evaluation (Chapter 9) |
|December 4, 2018||Rewarding performance (Chapter 10)|
|December 11, 2018||Career-based incentives (Chapter 11)|
|January 8, 2019||Stock options & benefits (Chapters 12 & 13)|
|January 15, 2019||Exercises, Solutions|