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IND530_2

Contract Strategy

This is the study programme for 2019/2020. It is subject to change.


The objective of the course is that students shall acquire fundamental knowledge of the design of incentives and contracts, for use in e.g. employment and procurement. Acquire multi-disciplinary insight in the contract design - from the perspectives of law and economics. Among the topics covered are contract strategy, price formats and incentive contracts, incomplete contracts and renegotiation, asymmetric information, optimal strategy for procurement. Procurement systems in the private and public sector. Lectures are based on case studies. No compulsory term paper.

Learning outcome

Acquire fundamental insight into the design of incentives and contracts, for application in e.g. employment relations and procurement. Acquire interdisciplinary insight in contract design - legally and financially. The course offers a combination of practical contractual knowledge and general principles for incentive and contract design.

Contents

Contract strategies, price formats and incentive contracts. Incomplete contracts and renegotiation. Asymmetric information. Optimal procurement strategy. Procurement systems in the private and the public sector. Auction theory. Outsourcing. Contract principles are applied on cases.

Required prerequisite knowledge

None.

Exam

Weight Duration Marks Aid
Written exam1/14 hoursA - FNone permitted

Course teacher(s)

Course coordinator
Petter Osmundsen
Head of Department
Tore Markeset

Method of work

Lectures in Norwegian.

Overlapping courses

Course Reduction (SP)
Contract Strategy (IND530_1) 5
Contract Strategy (MIN130_1) 5
Contract Strategy (MIN130_1) 10
Contract law (IND540_1) 5

Open to

Industrial economics - Master's Degree Programme
Industrial economics - Master's Degree Programme - 5 year

Literature



This is the study programme for 2019/2020. It is subject to change.

Sist oppdatert: 13.11.2019

History