Economics 152: Lecture Notes
Below are links to "longhand" versions of the lecture notes, in pdf. As an added convenience, you can also access the
overhead slides
used in the lectures (point form; Word format).
1. Hiring
Extra: Risky Workers
Spreadsheet
2. Training
3. The Basic Agency Problem: Optimal Piece Rates
Extra:
How Does the Firm Make Money Paying 100% Piece Rates?
4. Deferred Compensation and Seniority-Related Pay Systems
5. Tournaments and Promotions
6. Incentives in Teams
7. Multiple Tasks and Job Design