Hauptinhalt
Lecture & Tutorial
Instructor: Prof. Dr. Elisabeth Schulte
Language: English
Place & time see MARVIN: Lecture and Tutorial
Language: English
Learning objectives
The aim is to enable students to recognize obstacles for coordination and cooperation in organizations and to relate them to the incentive structures, to summarize the results of selected contributions to the relevant literature, and to apply their knowledge to specific problems.
Methodology
The course "Organizational Economics" consists of an online course on organizations (together with its physical meetings, Marvin: LV-02-698-077) and an exercise course (Marvin: LV-02-698-081), in which we take a collaborative explorative learning approach to deepen the knowledge on organizations.
Examination method
Based on the interaction in class, each student will be assigned one topic in the context of these problems, and will contribute to two video projects, one (possibly) as a group production (2 min/person), and one individual production (5-10 minutes).Assignment of topic: May 22
Deadline for submission of first video: June 12
Deadline for submission of second video: July 3
Examination method: presentation.
Performance evaluation: Up to 20 points for the first video
Up to 40 points for the second video
Up to 40 points for contribution to discussion
Up to 20 points for demonstrated knowlede of Organizational Economics
You can earn up to 20 points to demonstrate your knowledge of Organizational Economics in this online course:20 points, if you passed 13 tests
18 points, if you passed 12 tests
...
2 points, if you passed 4 tests
0 points, else
Details about the grading scheme will be explained in class.Textbook
The starting point for collaborative explorative learning is Rayo & Garicano (2016): Why organizations fail: Models and cases, Journal of Economic Literature 54 (1):137-192.
The paper addresses five problems organizations often face:
-Short-termism
-Decentralized authority and coordination failures
-Communication failures
-Inability to adapt to change due to organizational rigidities
-Failures in the absence of incentive problems