ECON 149 The Modern Firm in Theory and Practice

Combines the latest theory and empirics on the modern firm. Theoretical topics will include transactions cost theory, contract theory and incentives. Applied topics include the organization of firms in US and internationally. Management practices around information systems, target setting and human resources. Focus on management practices in manufacturing, but also analyze retail, hospitals and schools, plus some recent field-experiments in developing countries. Prerequisites: Econ 51, 102B

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