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Intro

Picot, A., H. Dietl, E. Franck, 2002, “Organisation—Eine ökonomische Perspektive,”

Schäffer-Poeschel Verlag, Stuttgart

Hart, O., 1989, “An Economist's Perspective on the Theory of the Firm", Columbia Law Review, Vol. 89, 1757-1774

THEMA 2: Decision Making in Firms (NK; June 11, 8:00AM) Helena Herrmann

Lisa Marie Schwarzenthal Justus Hans Winkelmann Sonja Yahiaoui

Aghion, P. and J. Tirole, 1997, “Formal & Real Authority,” Journal of Political Economy Vol. 105, No. 1 (Feb., 1997), pp. 1-29

Friebel, G. and S. Guriev, 2005, “Earnings Manipulation And Incentives in Firms”, C.E.P.R. Discussion Papers

Stein, J., 1997, “Internal Capital Markets and the Competition for Corporate Resources,” The Journal of Finance, Vol. 52, No. 1, March 1997, pp. 111-133 Scharfstein, D. and J. Stein, 2000, „Herd Behavior & Investment,“ American Economic Review, Vol. 80, pp. 465-479

THEMA 3: Incentives & Knowledge Hierarchies Within Firms (AW; June 18, 8:20AM) Nurcan Gürses

Philipp Jaschke Fabian Tessendorf

Baker, G., R. Gibbons, K.J. Murphy, 2002, “Relational Contracts and the Theory of the Firm,” QJE, Vol. 117, pp. 39-84

Garicano, L., 2000, “Hierarchies and the Organization of Knowledge in Production,”

Journal of Political Economy., Vol. 108(5), pp. 874-904

Levin, J., 2003, “Relational Incentive Contracts,” American Economic Review, Vol.

93, pp. 835-857

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THEMA 4: Measuring an Agent’s Performance (NK; June 25, 8:20AM)

Marc-Steffen Mayer Lars Schröter

Sebastian Markus Wachter

Baker, G., R. Gibbons, K.J. Murphy, 1994, "Subjective Performance Measures in Optimal Incentive Contracts," The Quarterly Journal of Economics, Vol. 109 (4), pp.

1125-56

Prendergast, C. and R.H. Topel, 1996, “Favoritism in Organizations,” Journal of Political Economy, Vol. 104, No. 5 (Oct 1996), pp. 958-978

Lazear, E. and S. Rosen, 1981, “Rank-Order Tournaments as Optimum Labor Contracts,” Journal of Political Economy 89 (5), pp. 841-64

THEMA 5: Incomplete Contracts (AW; July 9; 8:20AM) Mehmet Zafer Haligür

Adrian Haubrich Janina Ott

Grossman, S. and O. Hart, “The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration,” Journal of Political Economy, Vol. 94, No. 4 (Aug., 1986), pp. 691-719

Hart, O. and J. Moore, “Incomplete Contracts and Renegotiation,” Econometrica, Vol. 56, No. 4 (Jul., 1988), pp. 755-785

Nöldeke, G. and K.M. Schmidt, “Option Contracts and Renegotiation: A Solution to the Hold-Up Problem,” The RAND Journal of Economics 26 (1995), pp. 163-179

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