Course

Kontraktstrategi (IND530)

Facts

Course code IND530

Credits (ECTS) 10

Semester tuition start Spring

Language of instruction Norsk

Number of semesters 1

Exam semester Spring

Time table View course schedule

Literature Search for literature in Leganto

Introduction

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.

Innhold

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.

Læringsutbytte

Knowledge

  • Contract strategies, price format and incentive contracts. Incomplete contracts and renegotiation. Asymmetric information. Optimal strategy for purchasing. Procurement systems in the private and public sector. Auction theory. Outsourcing. The contract principles are applied to cases, such as procurement in the private and public sector and the design of incentive contracts.

Skills

  • Tools for designing systems for incentives in different contexts
  • System design for complex purchases

General competence

  • A basic understanding of negotiations and incentives

Required prerequisite knowledge

None

Exam

Skriftlig eksamen

Weight 1/1

Duration 4 Timer

Marks Bokstavkarakterer

Aid Ingen hjelpemidler tillatt

Exam system WISEflow

Digital exam, administered only in Norwegian.

Coursework requirements

No obligatory deliverables.

Arbeidsformer

Four-hour lectures per week. Lectures are given in Norwegian.

Overlapping courses

Course Reduction (SP)
Kontraktstrategi (IND530_2) , Kontraktstrategi (MIN130_1) 5
Kontraktstrategi (IND530_1) , Kontraktstrategi (IND530_2) , Kontraktstrategi (MIN130_1) 10
Kontraktstrategi (IND530_2) , Avtalerett (IND540_1) 5

Open for

Industriell økonomi - master Industriell økonomi - master Regnskap og revisjon - master

Admission requirements

Completed bachelor's degree. Must meet the admission requirements of one of the study programs the course is open for.

Course assessment

The faculty decides whether early dialogue will be held in all courses or in selected groups of courses. The aim is to collect student feedback for improvements during the semester. In addition, a digital course evaluation must be conducted at least every three years to gather students’ experiences.
The course description is retrieved from FS (Felles studentsystem). Version 2