14.26 Economics of Incentives: Theory and Applications
Provides a rigorous, but not overly technical introduction to the economic theory of incentives and organization together with a varying set of applications. These include, among others, the optimal design of sales and CEO incentive schemes; the impact of incentives on risk taking and innovation; tournament design; the analysis of venture capital and other forms of financial incentive contracts; relational and behavioral aspects of incentive contracts; and various organizational design problems.
This class has 14.01 as a prerequisite.
14.26 will be offered this semester (Spring 2019). It is instructed by B. Holmstrom.
Lecture occurs 10:30 AM to 12:00 PM on Tuesdays and Thursdays in E51-372.
This class counts for a total of 12 credits. This class counts as a HASS S.
You can find more information at the MIT + 14.26 - Google Search site.
© Copyright 2015 Yasyf Mohamedali