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ECON 250I - Personnel Economics

Description
A formal economic approach to the design of incentives and the selection and retention of personnel within organizations, including both classical and behavioral approaches. Includes static and dynamic principal-agent models with risk-neutral and risk-averse agents, the economics of tournaments and teams, multi-task agency problems, ratchet effects and career concerns. Optimal testing and monitoring of employees and efficiency wage models.
Credits
2
Recent Professors
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Recent Semesters
Winter 2021, Winter 2020
Offered
TuTh
Avg. Class Size
15
Avg. Sections
1