General information
| Course name | Lecture: Institutions in Economics (practice-oriented analysis and current applications) |
| Semester | SS 2021 |
| Current number of participants | 19 |
| Home institute | VWL, insb. Wirtschaftspolitik und Wirtschaftsforschung |
| Courses type | Lecture in category Offizielle Lehrveranstaltungen |
| First date | Wednesday, 14.04.2021 08:15 - 09:45 |
| Learning organisation |
Learning objectives: -Knowledge of the role of institutions in an economic setting including how they are embedded in an overarching governance architecture -Understanding of institutions as essentially market-driven outcome with the aim to economize on transaction costs -Ability to make informed choices between alternative institutional arrangements from a theoretical and practical point of view in order to create effective institutions -Ability to analyze current problems from practice based on the knowledge acquired in the course |
| Performance record | presentation and seminar paper (will be updated in case of virtual semester) |
| SWS | 2 |
| Miscellanea |
Contents: -Models and theoretical approaches from the (Neo-)Institutionalist tradition and related current approaches -Applications of institutional methodology to current problems from practice (changing subjects, e. g. institutional bypassing, platform regulation, etc.) -Institutions and interactive situations including negotiations, regulations, informal and formal rule-making, contract design and enforcement -Impact of institutional characteristics on economic outcomes |
| ECTS points | 5 |
