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