Courses Master Display 2019-2020

Course Description To PDF
Course title Industrial Organisation and Public Economics
Course code EBC4148
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
2 29-10-2019 21-12-2019 X
Level Advanced
Coordinator Christian Seel
For more information: c.seel@maastrichtuniversity.nl
Language of instruction English
Goals
Acquiring a structured insights into frequently used compensation schemes: Contests and Tournaments.
Learning about the relation of those compensation schemes in markets
Comparing those compensation schemes with other frequently used schemes such as piece-wise compensation
Description
The courses provides basic knowledge on the theory of contests and tournaments. In these mechanisms, several participants compete for prizes which are awarded according to relative performance. Real-world applications include sports competitions, political campaigns, lobbying contests, job promotion contests, and many others. To get a feeling for the type of models which we will analyse in the course, please have a look at the survey article "Strategy in Contests" by Kai A. Konrad (2007).
Literature
Konrad, Kai A. (2007): Strategy in Contests – An Introduction, Working Paper. You can download the introductory article with the following link: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=960458 . This is an overview article. In the course, we will read several scientific articles, some of which are summarized in the overview article by Kai A. Konrad. The final list of articles will be announced later on the Eleum website.

Prerequisites
This research master course presumes knowledge equivalent to the first year research master course in Microeconomics.
Teaching methods PBL / Presentation / Assignment
Assessment methods Attendance / Participation / Presentation
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Economic and Financial Research - Econometrics Year 2 Elective Course(s)
Master Economic and Financial Research - No specialisation Year 2 Elective Course(s)